Funded Projects and Programs

American Manufacturing Skills Initiative (AmSkills) & Industry Certification Training Center (ICTC) Apprenticeship Program Opens a New Window.

On March 11, 2014, the BCC passed Resolution 14-120 Opens a New Window.  and entered into an interlocal agreement with Pinellas and Hernando Counties to form the Industry Certification Training Center (ICTC) Governing Board.

The AmSkills story continues on our workforce development page.

CareerSource Pasco Hernando  Workforce Re-Entry Program
 

As a result of heightened public demand for job skills and job placement, and Pasco Hernando CareerSource's goal surpassing performance, the Board of County Commissioners, at its July 9, 2019 meeting, unanimously approved extending the Workforce Re-Entry Program agreement for an additional $700,000 in funding support and one year to continue the training and job placement of, at minimum, one-hundred new participants. with the Workforce Re-Entry Program.

The Board of County Commissioners and the Pasco Hernando Workforce Board (CareerSource) first entered into the Workforce Re-Entry Program funding agreement for $350,000 on September 17, 2018. The Program’s goal was to train and secure sustainable full-time employment for fifty adult Pasco County residents who were either underemployed or desired to re-enter the workforce.  In less than a year’s time, fifty-two County residents secured full-time employment through this Program, exceeding the original Program objective.

The funds for this program have been provided by Pasco County's Jobs and Economic Opportunities Trust Fund (from Penny for Pasco).

The Workforce Re-Entry Program story continues on our workforce development page.

Program Details:

• Loan Amounts: The maximum loan amount is determined by the project, not to exceed $120,000. For every $60,000 funded, the borrower must create or save one full-time job.
• Loan Term: The loan term will be based on the borrower’s ability to repay, generally 60 months.
• Promissory Note: Prior to receiving program funding, approved loan recipients must execute a Promissory Note with Pasco County.

Eligible funding uses:

• Alterations or modifications that follow the State of Florida guidelines and CDC Safety Measures.
• Repairs and modifications of existing facilities that are capital in nature.
• Making accommodations for vulnerable populations.
• Improve blighted properties to ensure customers feel safe to support a resilient local economy.
• Create new or retain full-time employment opportunities for low- and moderate-income eligible areas negatively affected by the COVID-19 Pandemic.

Who is eligible to apply for the Redevelopment Loan Program?
Registered Businesses, Non-Profit Organizations and property owners with locations in Pasco County are eligible for the loans. Eligible businesses cannot have a delinquent debt to the County and must be current on all permits, licenses, fees and taxes. For each loan, borrowers must make capital improvements to the property, which may include bringing site improvements up to existing code. 

What is the process to apply for the Redevelopment Loan Program?

• Submit a Formal Application (Documented ownership of the property or interest in the property if a business has a long-term lease, if written approval for alternations is provided by the property owner of record.)
• Credit Report RLP financing is intended to assist firms with special credit problems, and therefore may involve greater risks and more lenient terms than commercial lenders may provide. It is not intended to match or replace the capacity of banks. Instead, it is designed to fill gaps in local credit markets and provide for and attract capital investments for qualified projects. 
• A brief narrative explaining how the project is related to COVID-19.
• Provide Scope of Work to be completed, along with the costs associated with the project. 
• Must follow all U.S. Department of Housing and Urban Development (HUD) guidelines including the Davis-Bacon ACT (prevailing wages).

What are the benefits of utilizing the Redevelopment Loan Program Funds for eligible improvements?

• increase in Property Values
• Reduce Health and Safety Issues
• Maintain a Sustainable Business That Survives in the COVID-19 Economy
• Improve Business Reputation
• Support Neighborhood Growth
• Increase Job Creation Opportunities for area residents

Applications will be received, reviewed and checked for eligibility and then vetted through Pasco County’s Office of Economic Growth.

* Pasco County reserves the right to request and require any further information deemed necessary in order to decide as to whether to approve an application under this program.

Pasco County Office of Economic Growth
West Pasco Government Center
8731 Citizens Drive, New Port Richey, FL 34654