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 (Legislative Item File Number 261039) on July 21, 2026, approving and authorizing the County Mayor or designee to execute a Second Amendment to the Grant Agreement with 1109 NW 2nd Ave LLC, a Florida limited liability company. The amendment increases the grant amount from $8,600,000.00 to $12,957,876.00, adding $4,357,876.00 from the Overtown trust fund, for the purpose of funding the Company's acquisition and development of properties in the Overtown area with affordable housing and commercial development. The resolution also authorizes the County Mayor or designee to exercise all provisions in the grant agreement, including cancellation, termination, and amendment provisions, and to allocate and disburse the additional funds as a lump sum. The item was forwarded to the Board of County Commissioners with a favorable recommendation by the Housing Committee on June 9, 2026, and was introduced on June 2, 2026. The Prime Sponsor is Keon Hardemon. No specific street address, parcel/folio, acreage, or number of units/lots is stated in the document. No public comment or stakeholder sentiment is stated in the document.