Lake Worth working to meet grant deadline for renovate residences downtown
LAKE WORTH —
New homes are improving the look of streets in the city’s urban core as the city’s Community Redevelopment Agency and its nonprofit partners make a final push to meet a mid-February deadline for spending $23.2 million in federal grant money.
With less than two months remaining, the CRA and its partners in the Neighborhood Stabilization Program grant have spent $17.8 million, meaning they’ll need to spend another $5.4 million to meet the Feb. 11 deadline.
With another $5.8 million obligated but not technically spent, the grant partners are expected to meet the spending deadline, said Mike McManaman, grant program administrator for the CRA.
“I don’t expect us to lose one dollar,” McManaman said. Read More »
