Progress Report March 16, 2015 HALLANDALE BEACH COMMUNITY REDEVELOPMENT AGENCY 1

FINANCIALS 2

FY 2015 REVENUES VS. EXPENDITURES 130 HBCRA Fund Revenues Budget Year-to-Date as of February 28, 2015 % Received Year-to-Date Year-to-Date % Total$13,680,812.00$4,344, %42% 130 HBCRA Fund Expenditures Budget Year-to-Date as of February 28, 2015 % Expended Year-to-Date Year-to-Date % Total$13,680,812.00$2,042, %42% 3 To date the revenues are slightly below the YTD average due to pending revenues from the sales from the In-Fill Housing project. The expenditures are also below the YTD average due to pending projects such as: Foster/Dixie Mixed Use and 1st quarter MOU’s.

PROGRAMS FOR BUSINESSES 4

BUSINESS INCENTIVE PROGRAM ACTIVE LOANS: FROM 2002 TO 2012  The HBCRA has 18 active loans for this period as follows: 15 loans are current in payments 3 loans are currently in default:  Tel-Aviv Texaco: Amount Due: $14,  H&V Enterprises Inc.: Amount Due: $21,  A Tri County Laundry: Amount Due: $115,  CRA Staff has begun collection process for the 3 loans in default  The total receivable amount as of 09/30/2014 is $736,

BUSINESS INCENTIVE PROGRAM ACTIVE LOANS: FROM 2013 TO 2014  The HBCRA has 5 active loans for this period as follows: Two loans are current in payments:  Hallandale Medical Center (Awarded $200,000)  Upper Deck Bar and Grill (Awarded $175,000) Three loans were awarded and are pending closing:  Ramcon Corp Corporation (Awarded $200,000)  MD Clinical (Awarded $200,000)  7 th Avenue Village (Awarded $200,000)  The total awarded amount for all active loans is $975,

BUSINESS INCENTIVE PROGRAM LOANS AWARDED SINCE 2013 Hallandale Medical Center 200 E. Hallandale Beach Blvd. Project Cost: $400,000 Loan Amount: $200,000 Private Investment: $200,000 Purpose: Expansion – 1,700 SF 35 Years in Business 12 Full Time New Jobs Construction Completed 7

Project Cost: $348,132 Loan Amount: $175,000 Private Investment: $173,132 Purpose: Restaurant expansion/beautification 10 Years in Business Full Time New Jobs Construction Completed Upper Deck Bar and Grill 906 E Hallandale Beach Blvd. BUSINESS INCENTIVE PROGRAM LOANS AWARDED SINCE

Project Cost: $250,000 Loan Amount: $200,000 Private Investment: $50,000 Purpose: Business Expansion – Additional 2,400 SF 18 Years in Business 4 Full Time New Jobs Loan Pending Closing Ramcon Corp Corporation 144 Northeast 1st Avenue 9

BUSINESS INCENTIVE PROGRAM LOANS AWARDED SINCE 2013 MD Clinical 633 W Hallandale Beach Blvd. Project Cost: $3.7M Loan Amount: $200,000 Private Investment: $3.5M Purpose: Relocation/Construction of New 10,000 SF Medical Office Building 11 Years in Business (Current location at 911 E. Hallandale Beach Blvd.) 6 Full Time New Jobs Loan Pending Closing 10

BUSINESS INCENTIVE PROGRAM LOANS AWARDED SINCE th Avenue Village Hallandale Beach Blvd. Project Cost: $7.2M Loan Amount: $200,000 Private Investment: $7M Purpose: Construction of New Commercial Shopping Mall – 24,485 SF of New Commercial Space – 25 New Retail Spaces 20 new (direct) full time jobs will be created; but anticipated that the retail center will generate as many as 100 new jobs. Construction to be completed Spring

FAÇADE IMPROVEMENT GRANT  The CRA office has received 67 Façade Grant applications since June Currently 19 have been approved and the total amount awarded is $228,463.  48 applications are being processed and the estimated upcoming award amount is $426,000.  The total estimated private investment for all of the funded projects is approximate $108,056 (16.5% private leverage ratio) 12

FAÇADE IMPROVEMENT GRANT  The majority of business applicants originate from the main corridors: (1) North Federal Highway, (2) Dixie Highway, and (3) Hallandale Beach Blvd. 13

FAÇADE IMPROVEMENT GRANT Hallandale Auto Electric 719 North Dixie Highway Before After 14

Penguin Appliances 121 North Dixie Highway FAÇADE IMPROVEMENT GRANT Before Improvements in Progress 15

FAÇADE IMPROVEMENT GRANT IVM Productions 409 Dixie Highway Proposed Improvement Current 16

PROGRAMS FOR RESIDENTS 17

PROGRAMS FOR RESIDENTS FY Program Approved Applications Number of Applications Budgeted Budgeted Amount Encumbered Amount for Applications Approved NIP823 $ 700,000 $ 165,220 FTHB516 $ 800,000 $ 224,000 Shutter/Window66 $ 100,000 $ 99,000 Paint Voucher1230 $ 15,000 $ 5,980

19 PROGRAMS FOR RESIDENTS FY 14-15

 The HBCRA has 223 active loans for this period as follows: 136 loans are current in payments 87 loans are currently in default  The total awarded amount for all active loans is $516,  The total receivable amount as of 09/30/2014 is $177,  Challenge in managing old loan portfolio was that the HTE System is not set up to be a loan servicing program  CRA Staff has begun the process of collections on loans in default RESIDENTIAL LOANS ACTIVE LOANS FROM 2002 TO

LOAN SERVICING SOFTWARE 21

 CRA Staff sought to enhance the agency’s ability to service existing loans by acquiring a stand-alone software package designed specifically for this purpose  AutoPal Loan Servicing Software provides a web-based method of tracking loan files from loan origination thru closeout. The software provides automated billing, easy computing of loan balances, payment tracking, and aging reports, among other features  AutoPal Loan Servicing Software also provides customers with web- based access to their loan information and enables customers to view up-to-date loan information at their leisure  To date, there are approximately 241 active CRA loans for both Commercial and Residential. As new loan files are approved, staff will originate the loan using the AutoPal Loan Servicing Software, which will be reconciled monthly with the City’s General Ledger LOAN SERVICING IMPROVEMENTS 22

DISTRESSED AND ABANDONED PROPERTIES 23

In September 2014, CRA staff presented to the CRA Board of Directors 19 properties identified as abandoned and/or distressed in the CRA district. Since that meeting, Staff sent formal communications to all of the 19 property owners. The results? Properties in Compliance: 3 Properties Improved or in the Process of being Improved: 4 Properties with No Activity for Improvement or Compliance: 12 Staff will continue to work with the City Attorney’s Office for development of Administrative Foreclosure Ordinance to tackle properties with no activity and/or response from owners. Staff will also work with Code Compliance in identification of additional distressed properties. DISTRESSED & ABANDONED PROPERTIES 24

Unsafe structure has been demolished by property owner without permit. Case has been referred to Code Compliance for issuance of violation. 605 NW 1 AVENUE BeforeAfter 25

Property Image After Offer to purchase sent to property owner – No response. The property was deemed unsafe and subsequently demolished by the City. 20 NW 10 STREET 26

Before City’s Building Division has demolished the unsafe structure. After 610 NW 10 STREET 27

CRA OWNED LAND 28

 In 2013 the CRA had 42 parcels as part of its Real Estate inventory. The status of those parcels is the following: CRA PROPERTY INVENTORY STATUS 29 Project/StatusNumber of Parcels In-Fill Housing Phase I8 In-Fill Housing Phase II 7* Foster Rd/Dixie Hwy Mixed Use9 Urban Farmers Townhomes3 City’s New Fire Station2 Property Sold1 Parcels without Immediate Development Plans12 TOTAL42 *14 parcels (7 owned by 2012 and 7 acquired after 2013) are part of the In-Fill Housing Project Phase II to be developed into 11 single family units. Small parcels will be combined to meet the land size requirement for development.

CRA PROPERTY ACQUISITIONS 2013 TO PRESENT

FOSTER ROAD CRA OWNED LAND WITHOUT IMMEDIATE DEVELOPMENT PLANS As of today the CRA has 12 parcels remaining from the original inventory without immediate development plans. DIXIE HWY 32

CHALLENGES  Half of the remaining sites (6) are too small for development, less than 5,000 SF  Minimum size lot suitable for development is 5,000-7,500 SF depending on zoning  Staff has been unsuccessful in connecting with some of the private owners of adjacent parcels in order to purchase and assemble larger pieces of land suitable for development  One parcel is landlocked. Adjacent owner does not want to sell CRA OWNED LAND WITHOUT IMMEDIATE DEVELOPMENT PLANS 33

COMMUNITY PARTNERSHIP GRANTS 34

HOUSING FOUNDATION OF AMERICA, INC.  Program: H2H Homebuyers Club-Hallandale  Contract Amount $35,  Contract Utilization:$5, (17%)  Population served: low-moderate income individuals, households living in Hallandale in need of affordable, sustainable housing in Hallandale. COMMUNITY PARTNERSHIP GRANTS OCTOBER 2015 THROUGH JANUARY 2015 Commitment per contractActual 4 - Eight-Hour Homebuyer Education Workshops 2- Eight-Hour Homebuyer Education Workshops 10 - H2H Homebuyer Education Club Meetings 2- H2H Homebuyer Education Club Meetings 110 Units - Case Management Intake 12 Units - Case Management Intake 60 Units - Credit/Budget Case Management 12 Units - Credit/Budget Case Management 40 Units - Loan Pre-Approval Preparation N/A 8 Home Closings3 Home Closings 35

ICENTER COMMUNITY FOUNDATION, INC.  Program: iSecurity 2.0 Workforce Program  Contract Amount $62,  Contract Utilization:$41, (67%)  Population Served: Adults ages with low to moderate income residing in Hallandale CRA area. COMMUNITY PARTNERSHIP GRANTS OCTOBER 2015 THROUGH JANUARY 2015 Commitment per contractActual iSecurity 2.0 Class D, G, CPR & Basic Spanish. (2 Classes Per Week x 20 Students x 24 Weeks) ISecurity 2.0 Class D, G, CPR & Basic Spanish. (2 Classes Per Week x 20 Students x 14 Weeks) 36

PALMS COMMUNITY ACTION COALITION (PCAC)  Program: Link Program  Contract Amount $102,  Contract Utilization $35, (34%)  Population Served: Population Served: Residents of Hallandale over age 18, those living in the Community Redevelopment Area (CRA) of the city, seeking employment or training. COMMUNITY PARTNERSHIP GRANTS OCTOBER 2015 THROUGH JANUARY 2015 Commitment per contractActual Intake & Assessment – 67 ResidentsIntake & Assessment – 70 Residents Vocational Training – 10 studentsVocational Training – 0 students Employment Workshop – 3 x per month (36 Annually)Employment Workshop – 11 Job Link – 67 ResidentsJob Link – 27 Residents Follow-Up – 67 ResidentsFollow-Up – 3 Residents 37

IN-FILL HOUSING PROJECT PHASE II 38

 4 firms were awarded agreements to develop new single- family housing on allocated lots  Staff has been working with firms to narrow the difference between cost per square foot of construction between developers  All firms have been provided copies of the DA and asked to submit required insurance and performance bond information  To date, only 2 firms (Stuart & Shelby, Emerald Construction) have provide required information and have an executed agreement; these firms are currently in pre-development phase  The other 2 firms (BAND & Total Solutions) have asked for 30 day time extensions to obtain required bonding IN-FILL HOUSING PROJECT PHASE II 39

SOCIAL MEDIA 40

 CRA purposed to increase its marketing efforts in the current fiscal year; to do this, Staff sought to use Social Media as a mechanism to market programs to an untapped demographic  The CRA has engaged MiamiSocial Marketing ($22,200), which has implemented an effective social media marketing strategy using Facebook, Twitter, Instagram, and Google+  The HBCRA Social Media was launched on November 1 st 2014  The goal is to build online conversations that affect the Hallandale Beach CRA and cultivate a loyal following by highlighting HBCRA as a source of valuable information SOCIAL MEDIA 41

 The CRA staff provides up to date information on all programs, projects, and events that are ongoing with the Hallandale Beach CRA and receives bi-weekly and activity reports (messaging schedule, key demographic information, and Facebook ads performance) based on monitoring of all social media sites from MiamiSocial Marketing  Our following continues to grow as of 02/27/2015 we have the following likes and followers:  Facebook: 730 Likes  Twitter: 260 Following and 80 Followers  Instagram: 246 Followers SOCIAL MEDIA 42

 Facebook  Hallandale Beach CRA  Twitter  Instagram  Google+  google.com/+CohbcraOrg google.com/+CohbcraOrg SOCIAL MEDIA 43