April 29, 2011

Expanding the CARD district

Story in WBJ today how the City would like to expand the Commercial Area Revitalization District (CARD), which would expand the pool of businesses that could apply for Facade and Micro-Loan monies.   At first glimpse this is a good idea, but....  

The CARD, and NRSA for that matter, are funded by the Federal Government through HUD viia what is referred to as CDBG monies.  Remember how last week I wrote a blog after Nick K article, we only have $1,866,000 of discretionary funds available.   Of which, according to the article today in the WBJ only $100,000 will give allocated for the CARD.

Bottom line expanding the CARD sounds great, but we just dont have any money to properly fund this expansion. 

1 comment:

Jahn said...

When you really think about it this is like a Hyde & Jekyl routine or a spilt personality in action.

First we have the gov't or the city giving money in a CARD program, then we have the city council that has continually voted a 2 tiered tax rate system for how many years, that penalizes commerce.

C.A.R.D. Commerce Annihilated Ruined Destroyed

Shake my businessmans hand and pat me on the back, meanwhile the property tax hit man has my business right in the crosshairs. OMG, sorry the term crosshairs was deemed politically incorrect awhile back. Mea culpa