SECOND AMENDMENT TO 1109 NE 2 AVE LLC GANT

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

The Board of County Commissioners adopted Resolution R-673-26, 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 resolution was introduced on 6/2/2026, forwarded with a favorable recommendation by the Housing Committee on 6/9/2026, and adopted on 7/21/2026. The prime sponsor is Keon Hardemon. No specific property address, parcel, acreage, or unit count is stated in the document.