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Home My WebLink AboutCRA-R-26-0005I I `rr Omni CRA OMNI Community Redevelopment Agency Legislation OMNI CRA Resolution: CRA-R-26-0005 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.omnicra.com File Number: 18891 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 EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN AGREEMENT FOR THE ALLOCATION OF GRANT FUNDS FROM THE CRA'S FISCAL YEAR 2025-2026 BUDGET IN AN AMOUNT NOT TO EXCEED NINE HUNDRED THIRTY FIVE THOUSAND DOLLARS ($935,000.00), SUBJECT TO THE AVAILABILITY OF FUNDS, TO ROGERS JONES, AN INDIVIDUAL, AND THE PROPERTY OWNER OF A MIXED -INCOME AFFORDABLE HOUSING PROJECT LOCATED AT 1502 NORTH WEST 1ST COURT, MIAMI, FLORIDA ("PROPERTY), FOR THE REHABILITATION OF THE PROPERTY CONSISTING OF SEVEN (7) UNITS, ALL WITHIN THE CRA REDEVELOPMENT AREA, WITH THREE (3) UNITS FOR ELIGIBLE RESIDENTS WHOSE ANNUAL INCOME IS EQUAL TO OR LESS THAN AT THIRTY PERCENT (30%) OF THE AREA MEDIAN INCOME ("AMI") FOR MIAMI-DADE COUNTY, AS PUBLISHED ANNUALLY BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), AND FOUR (4) UNITS FOR ELIGIBLE RESIDENTS WHOSE ANNUAL INCOME IS EQUAL TO OR LESS THAN EIGHTY PERCENT (80%) AMI FOR MIAMI- DADE, AS PUBLISHED BY HUD; AUTHORIZING THE EXECUTIVE DIRECTOR TO DISBURSE FUNDS ON A REIMBURSEMENT BASIS, OR UPON THE PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, EXTENSIONS, AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSES STATED HEREIN; 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 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 1 of 3 File ID: 18891 (Revision: B) Printed On: 3/6/2026 File ID: 18891 Enactment Number: CRA-R-26-0005 WHEREAS, Rogers Jones, an individual and the property owner ("Developer"), of the property located at 1502 North West 1st Court, Miami, Florida, submitted a request for grant funding to rehabilitate a 7-unit mixed -income housing project including three (3) units for eligible residents whose annual income is equal to or less than thirty percent (30%) of the Area Median Income ("AMI") for Miami -Dade County, as published annually by the United States Department of Housing and Urban Development ("HUD"), and four (4) units for eligible residents whose annual income is equal to or less than eighty percent (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, page 4-23 of the Plan reaffirms the importance of the development of affordable housing to the economic vitality of the CRA and identifies among its community benefits priority for the "inclusion of an appropriate amount of below -market rate units," specifically units for low-income residents (residents whose annual income is equal to or less than 80% AMI); and WHEREAS, the Developer requests grant funding in an amount not to exceed Nine Hundred Thirty Five Thousand and 00/100 Dollars ($935,000.00) to assist with the rehabilitation of the Project; and WHEREAS, page 4-33 of the Plan states that "To assist for -profit housing providers in the CRA could ... Provide a direct cash subsidy in the form of a rebate equal to a percentage of the increases in taxes paid over a defined period of time after completion if affordable units are provided" and "Grant funds to assist in rehabilitation of an existing housing 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, to authorize the Executive Director to negotiate and execute any and all agreements, all in forms acceptable to the General Counsel, with the Developer for the provision of grant funds to assist with the rehabilitation of the Project in an amount not to exceed Nine Hundred Thirty Five Thousand and 00/100 Dollars ($935,000.00) to be disbursed at the Executive Director's discretion, on a reimbursement basis, upon the presentation of invoices and satisfactory documentation, subject to the availability of funds; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: City of Miami Page 2 of 3 File ID: 18891 (Revision: B) Printed on: 3/6/2026 File ID: 18891 Enactment Number: CRA-R-26-0005 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 Executive Director is authorized to negotiate and execute a Forgivable Loan Agreement and supporting documents, including any and all other documents 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 4. The Executive Director is further authorized to allocate funding, at his discretion, on a reimbursement basis, or upon the presentation of invoices and satisfactory documentation, in an amount not to exceed Nine Hundred Thirty Five Thousand and 00/100 Dollars ($935,000.00) from the CRA Fiscal Year 2025-2026 budget to the Developer to assist with costs associated with the Project. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: rge ng III, C ty httor2/17/2026 City of Miami Page 3 of 3 File ID: 18891 (Revision: B) Printed on: 3/6/2026