HomeMy WebLinkAboutCRA-R-07-0050 Cover Memo•
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SEOPW & Omni Boards of Commissioners Meeting
November 28, 2007
Item # 4
SOUTHEAST OVERTOWN/PARK WEST
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
To: Board Chair Michelle Spence -Jones Date: November 20, 2007 File: 07-01464
and Members of the CRA Board
From: James H. Villacort
rp
Executive Director
Subject: Resolution Directing Executive Director to
Work with Miami -Dade County to Identify
Funding for Subsidies for Prospective
Homebuyers in the Sawyer's Walk Project.
References:
Enclosures: Legislation
BACKGROUND:
The attached Resolution directs the Executive Director of the Southeast Overtown/Park West Community
Redevelopment Agency (CRA) to work with Miami -Dade County to identify funding for subsidies for prospective
homebuyers in the Sawyer's Walk Project.
JUSTIFICATION:
The CRA wishes to ensure maximum affordability and homeownership opportunities for existing Overtown
residents in the Sawyer's Walk Project. Representatives of Miami -Dade County have also expressed a desire
to ensure affordability and homeownership opportunities. "Promot[ingj homeownership and new housing for
moderate income families and encourag[ing] an income mix in all housing" is a stated objective set forth in
Section III. B., page 13 of the 1982 Southeast Overtown/Park West Community Redevelopment Plan, as
amended.
JHV/pk