v. 3.2 Annual Program Budget and District Allocations - Chairman Allan

Community Redevelopment Board · 2026-06-02 · agenda_item

This item concerns the Community Redevelopment Board's annual program budget and district allocations for Fiscal Year 2026. The Board has decided to have no specific allocation set for the remainder of FY2026. Instead, they will determine funding awards based on individual applications and Board member decisions. This process is currently planned, with funding awards to be determined per application. The work set in motion will involve the review and awarding of funds for various projects within the district, likely involving planning, design, and construction phases depending on the nature of the awarded applications. Local contractors, trades, suppliers, and service providers should monitor future application processes and funding announcements. Reaching out to the Community Redevelopment Board early to understand their application criteria and upcoming needs could provide an advantage as funding opportunities are determined.