SECOND AMENDMENT TO 1109 NE 2 AVE LLC GANT

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

The document is a resolution adopted by the Miami-Dade Board of County Commissioners on 7/21/2026, 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 original grant was authorized by Resolution R-418-24 on 5/7/2024 for $4,000,000.00, and the first amendment was authorized by Resolution R-790-25 on 7/16/2025 for an additional $4,600,000.00, extending the term to 9/30/2027. The resolution directs the additional funds be disbursed as a lump sum. The Housing Committee forwarded it to the BCC with a favorable recommendation on 6/9/2026. The sponsor is Keon Hardemon. No specific street address, parcel, acreage, or unit count is stated.