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HomeMy WebLinkAboutCRA-R-26-0004 BackupDate: December 22, 2025 To: Mr. Carlos Saurez, Executive Director Omni Community Redevelopment Agency (Omni CRA) RE: Request for Full Renovation Funding — 1445 NW 1 Ct, Miami, FL 33136 (Folio: 01-3125-048-1690) Dear Executive Director and Members of the Omni CRA Board, I am writing to formally request financial support to complete a full renovation of the multifamily property located at 1445 NW 1 Ct, Miami, FL 33136 (Folio No. 01-3125-048-1690), a 15-unit residential building owned by Mr. Roger Jones since 2002. This property sits within the heart of the Overtown community and has long served as an affordable housing option for local residents. However, due to aging infrastructure, outdated systems, and prolonged wear, the property now requires a full gut renovation to restore habitability, ensure safety, and revitalize the surrounding neighborhood. Property Overview Address: 1445 NW 1 Ct, Miami, FL 33136 Folio: 01-3125-048-1690 Owner: Roger Jones (Owner since 2002) Current Use: 15 residential units (12 occupied & 3 vacant) Zoning & Location: Located within the Omni CRA redevelopment boundary Need for Affordable Housing in Overtown Historic Overtown is experiencing an acute affordable housing crisis driven by rising rents, redevelopment pressures, and the loss of naturally occurring affordable housing. Longtime residents, many of whom earn well below the Area Median Income (AMI), are increasingly at risk of displacement. The rehabilitation of 1445 NW 1 Ct directly addresses this challenge by preserving 15 existing rental units and placing long-term affordability protections on the property. This investment ensures housing stability for legacy residents while preventing conversion to fully market -rate units. Project Scope The property requires a comprehensive renovation, which includes: • Complete demolition and rebuilding of all unit interiors • Full replacement of electrical, plumbing, and HVAC systems • New roofing, windows, doors, and stucco/exterior upgrades • Updated kitchens and bathrooms with new fixtures and appliances • New flooring, insulation, and drywall throughout • Code -compliant upgrades, safety systems (fire alarms, egress), and accessibility improvements • Exterior fencing, landscaping, and site lighting for improved safety and aesthetics This project will transform a blighted, structure into 15 high -quality residential units, preserving affordability while contributing to the neighborhood's stability and long-term growth. The project will also include impact - resistant windows and doors to meet hurricane safety standards and ensure long-term durability. Affordability Commitment (30%-80% AMI — Studio l -Bedroom Units) All 15 units (3 Studio, 9 one -bedrooms and 3 two -bedrooms) will be reserved for households earning between 50% and 80% of AMI. Affordability will be secured through a 20-year regulatory agreement acceptable to the Omni CRA. Affordable Housing Unit Mix AMI Level Number of Units Target Population 30% AMI 2 Workforce housing 60% AMI 2 Workforce housing 80% AMI 6 Moderate -income workforce 100% AMI 5 Moderate -income residents Estimated Renovation Budget Renovation Category Interior Demolition (15 units) Framing, Insulation, Drywall Electrical System Replacement Plumbing and Fixtures HVAC Systems Roofing Windows and Doors Kitchens, Baths, Flooring, Paint Fire & Safety Systems Site Work: Lighting, Fence, Landscaping Permitting, Design, Contingency Total Projected Cost: $1,750,000 Funding Request Estimated Cost $130,000 $180,000 $145,000 $185,000 $130,000 $85,000 $180,000 $250,000 $70,000 $95,000 $300,000 We respectfully request that the Omni CRA invest the full $1,750,000 in this essential housing rehabilitation project. This request is aligned with the CRA's mission to eliminate blight, support affordable housing, and reinvest in legacy stakeholders and local property owners who have long been committed to the Overtown community. This investment will allow Mr. Jones to not only restore the property to livable condition but also offer long- term affordability protections to ensure these units remain accessible to low- and moderate -income residents. He is open to a long-term deed restriction on rent affordability as a condition of CRA funding. Community Impact • 15 affordable rental units restored to safe and modern condition • Reduction of slum and blight in a visible corridor of Overtown • Increased safety and quality of life for surrounding residents • Preservation of legacy ownership and generational wealth • Local hiring and contractor engagement during construction Project Team Owner: Mr. Roger Jones — Property owner since 2002 and long-time affordable housing provider in Overtown. Property Manager: Mr. Barry Jones — Responsible for day-to-day operations, tenant relations, and compliance. Accountant: Oversight of financial management, reporting, and CRA compliance. Project Management: UH Strategic Solutions LLC — Oversight of entire renovation project from start to finish. Current Property Images Proposed Renovation Project °oral' •-`3114 :,11111A1b1„. I '1° I '1,111111/ '411rlif lir!! 1 [1/lir-r1q11-:114!!!:1; D!1 liffitRil -odd O" 0.11t;: It r‘• 7 • , -.17,, %IV