The Department of Urban Planning and Redevelopment Planning Services Division (PSD) is responsible for implementing the Redevelopment Capital Program (RCP). The RCP is open to all municipalities in Broward County for redevelopment activities/projects within or outside of existing Community Redevelopment Agency (CRA) boundaries.
Applicants for funding through the RCP may be a municipality, a CRA, or the County. Applicants for funding consideration of redevelopment projects may be submitted at any time and are evaluated for eligibility as they are received. Application Guides are available to explain the RCP and assist applicants in completing an application for either a loan or a grant. The County will examine the proposed redevelopment project or activity to determine the extent to which it achieves the County's funding criteria. PSD staff is available to meet with applicants prior to completing an application or expending resources in anticipation of County funding and assist applicants throughout the process.
The RCP is allocated $10.3 million in FY 2004, $12.3 million in FY 2005, and another $69.2 million for FY 2006-09, to fund redevelopment initiatives throughout the County. This new non-ad valorem capital is in addition to the $15 million (and rising) in annual County tax increment payments (ad valorem-based) to the existing municipal CRAs.
For further information or to obtain an Application Guide, please call 954-357-6634.