SECOND AMENDMENT TO 1109 NE 2 AVE LLC GANT

Board of County Commissioners · 2026-07-21 · resolution

Miami-Dade County Board of County Commissioners adopted a resolution approving a second amendment to a grant agreement with 1109 NW 2nd Ave LLC. This amendment increases the total grant amount from $8,600,000.00 to $12,957,876.00. The funds are for the acquisition and development of properties in the Overtown area, specifically for affordable housing and commercial uses. An additional $4,357,876.00 will be allocated from the Overtown trust fund. The grant agreement was initially authorized on May 7, 2024, with an initial disbursement of $4,000,000.00, and a first amendment on July 16, 2025, added $4,600,000.00 and extended the term. The resolution authorizes the County Mayor or designee to execute the second amendment and disburse the additional funds.