HomeMy WebLinkAboutCRA-R-26-0004 MemorandumOMNI Board of Commissioners Meeting
February 12, 2026
OMNI REDEVELOPMENT DISTRICT
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
Board Chair Damian Pardo
and Members of the CRA Board
From: Carlos I. Suarez
Executive Director
Date: February 13, 2026
File: 18890
Subject: Affordable Housing Project —
1445 NW 1st Avenue
Enclosures: 18890 Exhibit A
18890 Backup
18890 Notice to the Public
BACKGROUND:
The Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible
for carrying out community redevelopment activities and projects within its redevelopment area
in accordance with the CRA Redevelopment Plan ("Plan").
On September 13, 2016, the CRA approved and adopted Resolution No. CRA-R-16-0042,
adopting the City of Miami's procurement ordinance as the process by which any and all
services and goods are procured by the CRA.
Rogers Jones submitted a grant proposal request to the CRA requesting $1,750,000.00. This
funding is needed to underwrite a portion of the costs for the residential project known as (the
"Project"), located within the Omni CRA boundaries at 1445 NW 1st Court, Miami, Florida
33136. The project will include 3 units for Extremely Low -Income eligible residents whose
annual income is equal to or less than 30% of the Area Median Income ("AMI") for Miami -Dade
County, as published annually by the United Stated Department of Housing and Urban
Development ("HUD"), 5 units for Low -Income eligible residents whose annual income is equal
to or less than 60% AMI for Miami -Dade County, as published by HUD, and 7 units for
Moderate -Income eligible residents whose annual income is equal to or less than 80% AMI for
Miami -Dade County, as published by HUD.
JUSTIFICATION:
This aligns with the Plan's objective of incentivizing diverse housing options, including
affordable and workforce housing. The Plan also aims to attract downtown workers and
enhance the area's visual appeal to businesses and residents through varied housing options.
This Project will contribute to the CRA's goals of eliminating slum and blight by offering housing
options within the CRA.
FUNDING:
The grant funding will be a total amount not to exceed amount of $1,750,000.00, is hereby
approved.
City of Miami Page 2 of 5 File ID: 18890 (Revision: A) Printed On: 3/6/2026
Omni
CRA
City of Miami
Legislation
OMNI CRA Resolution
CRA-R-26-0004
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
www.miamicra.com
File Number: 18890 Final Action Date:2/12/2026
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT
DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), BYA
FOUR -FIFTHS (4/STHS) AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING,
RATIFYING, APPROVING, AND CONFIRMING THE EXECUTIVE DIRECTOR'S
RECOMMENDATION AND FINDING, ATTACHED AND INCORPORATED AS EXHIBIT "A,"
THAT COMPETITIVE NEGOTIATION METHODS AND PROCEDURES ARE NOT
PRACTICABLE OR ADVANTAGEOUS TO THE CRA PURSUANT TO SECTIONS 18-85 AND
18-86 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, AS ADOPTED BY
THE CRA; WAIVING THE REQUIREMENTS FOR COMPETITIVE SEALED BIDDING AS NOT
BEING PRACTICABLE OR ADVANTAGEOUS TO THE CRA; AUTHORIZING THE
ALLOCATION OF GRANT FUNDS FROM THE CRA'S FISCAL YEAR 2025-2026 BUDGET IN
AN AMOUNT NOT TO EXCEED ONE MILLION SEVEN HUNDRED FIFTY THOUSAND
DOLLARS ($1,750,000.00) TO ROGERS JONES, AN INDIVIDUAL AND OWNER OF THE
PROPERTY LOCATED AT 1445 NORTH WEST 1ST COURT, MIAMI, FLORIDA, WITHIN THE
CRA REDEVELOPMENT AREA, FOR THE REHABILITATION OF A MIXED -INCOME
AFFORDABLE HOUSING PROJECT CONSISTING OF THREE (3) UNITS FOR INCOME
ELIGIBLE RESIDENTS WHOSE ANNUAL INCOME IS EQUAL TO OR LESS THAN 30% OF
THE AREA MEDIAN INCOME ("AMI") FOR MIAMI-DADE COUNTY, AS PUBLISHED
ANNUALLY BY THE UNITED STATED DEPARTMENT OF HOUSING AND URBAN
DEVELOPMENT ("HUD"), 5 UNITS FOR LOW-INCOME ELIGIBLE RESIDENTS WHOSE
ANNUAL INCOME IS EQUAL TO OR LESS THAN 60%AMI FOR MIAMI-DADE COUNTY, AS
PUBLISHED BY HUD, AND 7 UNITS FOR MODERATE -INCOME ELIGIBLE RESIDENTS
WHOSE ANNUAL INCOME IS EQUAL TO OR LESS THAN 80% AMI FOR MIAMI-DADE
COUNTY, AS PUBLISHED BY HUD; AUTHORIZING THE EXECUTIVE DIRECTOR TO
DISBURSE FUNDS IN HIS DISCRETION ON A REIMBURSEMENT BASIS OR UPON THE
PRESENTATION OF INVOICE OR SATISFACTORY DOCUMENTATION; FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE A
FORGIVABLE LOAN AGREEMENT AND SUPPORTING DOCUMENTS, INCLUDING ANY AND
ALL OTHER DOCUMENTS NECESSARY FOR THE PURPOSE STATED HEREIN, ALL IN
FORMS ACCEPTABLE TO THE GENERAL COUNSEL; ALL BEING SUBJECT TO THE RENTS
BEING RESTRICTED FOR 25 YEARS AS MORE PARTICULARLY DETAILED IN A
RESTRICTIVE COVENANT THAT IS TO BE RECORDED IN THE PUBLIC RECORDS OF
MIAMI-DADE COUNTY, FLORIDA; PROVIDING FOR THE INCORPORATION OF RECITALS
AND AN EFFECTIVE DATE.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency
("CRA") is tasked with reducing slum and blight within its boundaries; and
City of Miami Page 3 of 5 File ID: 18890 (Revision: A) Printed On: 3/6/2026
WHEREAS, Rogers Jones, an individual ("Developer") and the owner of the property
located at 1445 North West 1st Court, Miami, Florida, within the CRA Redevelopment Area
("Property"), submitted a request for grant funding to rehabilitate a 15-unit mixed -income
housing project, to include three (3) units for income eligible residents whose annual income is
equal to or less than 30% of the Area Median Income ("AMI") for Miami -Dade County, as
published annually by the United Stated Department of Housing and Urban Development
("HUD"), 5 units for Low -Income eligible residents whose annual income is equal to or less than
60%AMI for Miami -Dade County, as published by HUD, and 7 units for Moderate -Income
eligible residents whose annual income is equal to or less than 80% AMI for Miami -Dade
County, as published by HUD (the "Project"); and
WHEREAS, the CRA's 2019 Redevelopment Plan ("Plan") provides for the promotion of
a variety of housing options, including affordable and workforce housing, and encourages
partnerships with private entities to redevelop blighted properties and improve the public realm;
and
WHEREAS, the Developer requests grant funding in an amount not to exceed One
Million Seven Hundred Fifty Thousand and 00/100 Dollars ($1,750,000.00) to underwrite the
costs associated with the Project; and
WHEREAS, funding this Project is critical to addressing slum and blight, while enhancing
affordable housing options within the CRA, consistent with the goals outlined in the Plan; and
WHEREAS, based on the recommendation and finding of the Executive Director,
attached and incorporated as Exhibit "A," it is in the CRA's best interest to authorize, by an
affirmative four -fifths (4/5ths) vote, a waiver of competitive sealed bidding procedures pursuant
to Sections 18-85 and 18-86 of the Code of the City of Miami, Florida, as amended ("City
Code"), as adopted by the CRA, for the allocation of grant funds in an amount not to exceed
One Million Seven Hundred Fifty Thousand and 00/100 Dollars ($1,750,000.00) to be disbursed,
subject to the Executive Director's discretion on a draw schedule , or upon the presentation of
invoices or proper documentation to the Developer for the Project;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble of this Resolution are
adopted by reference and incorporated herein as fully set forth in this Section.
Section 2. By a four -fifths (4/5ths) affirmative vote, after an advertised public hearing, the
Executive Director's recommendation and written finding, attached and incorporated as Exhibit
"A," pursuant to Sections 18-85 and 18-86 of the City Code, as adopted by the CRA, are ratified,
approved, and confirmed, and the requirements for competitive sealed bidding are waived as
not being practicable or advantageous to the CRA.
Section 3. The allocation of Grant Funds in an amount not to exceed One Million Seven
Hundred Fifty Thousand Dollars ($1,750,000.00) to the Developer for the Project are hereby
authorized from the CRA Fiscal Year 2025-2026 budget.
Section 4. The Executive Director is hereby authorized to negotiate and execute a
Forgivable Loan Agreement and supporting documents, including any and all other documents
City of Miami Page 4 of 5 File ID: 18890 (Revision: A) Printed On: 3/6/2026
necessary, all in forms acceptable to the General Counsel, for the purpose stated herein,
including, but not limited to, a restrictive covenant detailing the rent restrictions stated herein,
which shall be recorded in the public records of Miami -Dade County, Florida.
Section 5. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
26‘44
ORGE tWYSON III, ENERAL COUNSEL
City of Miami Page 5 of 5 File ID: 18890 (Revision: A) Printed On: 3/6/2026