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Funding Categories <br />Housing CDBG Option: Gifford/IRC Enterprise Zone Rehab Program <br />Indian River County, /City of Vero Beach Enterprise Zone <br />Funding Categories <br />Regular Category Continued ($750,000) <br />3. Commercial Revitalization (CRA improvements) <br />➢ Commercial Redevelopment Area required (County <br />does not have one at this time) <br />➢ LMI city wide at least 51%; sidewalks parking, lighting, <br />building code, facades <br />➢ Leverage is important to score (can be Tax Increment <br />Financing/TIF) <br />➢ Ready to proceed is important to score <br />➢ Optional points for other community development such <br />as architectural standards, Main Street membership <br />12/17/2014 <br />16. 5 <br />