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 Resolution R-673-26 (File Number 261039) on July 21, 2026, approving a Second Amendment to a Grant Agreement with 1109 NW 2nd Ave LLC. The amendment increases the grant from $8,600,000.00 to $12,957,876.00, adding $4,357,876.00 from the Overtown trust fund, for the Company's acquisition and development of properties in the Overtown area with affordable housing and commercial uses. The grant is to be disbursed as a lump sum. The Housing Committee forwarded it to the BCC with a favorable recommendation on June 9, 2026. The original grant was authorized by Resolution R-418-24 on May 7, 2024, for $4,000,000.00, and the First Amendment by R-790-25 on July 16, 2025, added $4,600,000.00 and extended the term to September 30, 2027. Sponsor: Keon Hardemon. No public comment or stakeholder sentiment is stated in the document.