In a recent government meeting, officials discussed the approval of a Brownfield plan and an emerging developer grant for the 1516 Cesar Chavez redevelopment project. Proposed by 1516 Cesar Chavez LLC, the project aims to rehabilitate an existing 4,437 square foot building and add two additional stories, resulting in approximately 2,000 square feet of commercial space and up to 17 apartments. The development is expected to create four full-time jobs with an average wage of $20 per hour, and the housing units will be affordable, targeting less than 70% of the area median income (AMI).

The total estimated cost of the project is $3.6 million, with $3.3 million allocated for construction. The developer is seeking reimbursement of $186,300 for demolition and site preparation, which falls below the $250,000 threshold that exempts the project from requiring an Act 381 work plan. The Brownfield plan is set to remain in place for 21 years, with the final five years reserved for the Local Brownfield Revolving Fund (LBRF).

Additionally, the developer is requesting an emerging developer grant of $182,500 for predevelopment costs, including architecture, engineering, and site planning. The project has garnered support for its commitment to minority, women, and emerging business participation, aiming for 49% of construction costs to be allocated to these subcontractors.

The meeting also highlighted the importance of supporting first-time developers, with board members commending the developer, Juan Lopez, for his initiative and connection to the community. The project has received conditional approval for a parking waiver, pending a shared parking agreement.

In another agenda item, the board approved a $30,610 expenditure to procure Salesforce for developing a public-facing application for the Brownfield redevelopment program. This update aims to streamline the application process for potential developers, making it easier to navigate and submit applications for multiple incentives.

Lastly, the board discussed updates to the emerging developer grant guidelines, establishing clearer eligibility requirements and outlining eligible expenses to assist new developers in mitigating risks associated with predevelopment costs. The guidelines aim to promote the program and ensure transparency in funding eligibility.

The meeting concluded with a motion to approve the discussed items, reflecting a commitment to fostering development and supporting emerging developers in the community.