FY 2024–25 – $258,920.58 Budget: $250,601 • Small Project Grant: 506–508 Main St. / Inessa Hansen (Sexy Biker Chick) – $14,948.50 • Residential Facade Grant: 25 S. Halifax / Cynthia Mompoint – $1,750 • 0% Commercial incentive Program: 140 S. Grandview / Amy Pyle (Surfside Professional Offices) – $48,828.98 • 0% Commercial incentive Program: 12 N. Ocean Ave. / Dino Paspalakis – $50,000
• Lease Subsidy Grant: 825–827–829 E. ISB / Zoltan Kerekes – $4,500 • Residential Facade Grant: 116 S. Oleander / Laura Murphy – $5,000 • 0% Commercial incentive Grant: 614 Main St. / Tom Guest – $50,000 • Residential Facade Grant: 136 S. Grandview / Amy Pyle – $5,000
• Small Project Grant (Property Owner): 601 Main St. / Jordan Dodani – $12,206.30 • Small Project Grant (Existing Business): 1 Boardwalk / Dino Paspalakis – $3,725 • Small Project Grant (New Business): 601 Main St. / Urban Ash Cigar Lounge (Steve Brock) – $20,000 • Small Project Grant (New Business): 601 Main St. / Urban Soul Daiquiris & Wings (Steve Brock) – $20,000 • Small Project Grant (Hurricane Shutters): 506–508 Main St. / Inessa Hansen – $10,145 • Small Project Grant (New Business): 831 E. ISB / Nathan’s – $12,816.80
City Commission Action (April 2024)
Approved expansion of the Redevelopment Grant Program, including increased grant amounts, eligibility for interior improvements and creation of a 0% interest loan program.
FIVE-YEAR TOTAL: $459,722.29
5 YEAR CRA Comprehensive Report | 45 | Return to Table of Contents
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