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Miami, FL 33133
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File Number: 06-02036 Final Action Date: 11/9/2006
DISCUSSION REGARDING A RESOLUTION AUTHORIZING FUNDS IN THE
AMOUNT OF $1,000,000, FROM THE AFFORDABLE HOUSING TRUST FUND TO
TACOLCY ECONOMIC DEVELOPMENT CORPORATION ("TEDC"), A NONPROFIT
CORPORATION, FOR THE REFINANCING OF EDISON TOWERS, IN ORDER TO
PRESERVE ONE OF THE LARGEST PRIVATELY OWNED MULTI -FAMILY
HOUSING STOCK FOR LOW INCOME AND SECTION 8 INDIVIDUALS IN THE
CITY OF MIAMI, WHICH IN TURN WILL RESULT IN TEDC BEING ABLE TO
SECURE ADDITIONAL FUNDS FOR COMPLETING THE REHABBING OF THE
STRUCTURE.
City of Miami Page 1 of 1 File Id: 06-02036 (Version: 1) Printed On: 2/27/2017