SECOND AMENDMENT TO 1109 NE 2 AVE LLC GANT

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

The document is a legislative resolution approving a second amendment to a grant agreement between Miami-Dade County and 1109 NW 2nd Ave LLC, increasing the grant from $8,600,000.00 to $12,957,876.00 for the acquisition and development of properties in the Overtown area with affordable housing and commercial development. The resolution was adopted by the Board of County Commissioners on 7/21/2026. The additional $4,357,876.00 is allocated from the Overtown trust fund, funded by Resolution No. R-860-13. The grant was originally authorized by Resolution No. R-418-24 on May 7, 2024, for up to $4,000,000.00, and the first amendment was authorized by Resolution No. R-790-25 on July 16, 2025, for an additional $4,600,000.00, extending the term to September 30, 2027. The purpose of the original grant was to assist the company in acquiring and developing properties with entertainment facilities consistent with the 'Historic Overtown Culture & Entertainment District' master plan. The second amendment funds affordable housing and commercial uses. The sponsor is Keon Hardemon. The file number is 261039, reference R-673-26. The Housing Committee forwarded it to the BCC with a favorable recommendation on 6/9/2026. The resolution was introduced on 6/2/2026. No specific street address, parcel, acreage, or unit count is stated. No public comment or stakeholder sentiment is stated.