HomeMy WebLinkAboutSummaryCan -four — Liberty City 6200/01
Summary
Number of
Residential
Units
No. BR's/Baths
Approx.
Sq. Ft.
AMI % of
Homehuyer
24
Efficiency
500
60
48
1/1
700
60
48
2/2
850
60
44
3/2
1100
60
82 units will be set aside for supportive housing. The balance is for 60% or less of AMI.
The Commercial space is 21,000 S.F., with an $11 S.F. rental fee.
Parking is for 343 vehicles.
Community partners listed in the proposal are:
• Miami Rescue Mission
Amenities include: outdoor patio space, community room with kitchen, exercise room, library, balconies,
computer room, green construction, furnished affordable housing units, and support service space in
commercial element.
The project includes seeking low income housing tax credits, and SAIL from the Florida Housing Finance
Corporation financed. Total development costs are approximately $61,000,000. Also, the project includes
seeking two additional adjacent lots from Miami -Dade County.
The financial return to the City includes estimated property taxes.