HomeMy WebLinkAboutCRA-R-26-0005 BackupDate: December 22, 2025
To: Mr. Carlos Saurez, Executive Director
Omni Community Redevelopment Agency (Omni CRA)
RE: Request for Full Renovation Funding — 1502 NW 1 Ct, Miami, FL 33136 (Folio: 01-3125-048-1470)
Dear Executive Director and Omni CRA Board Members,
I am writing on behalf of Mr. Roger Jones, owner of the property located at 1502 NW 1 Ct, Miami, FL 33136
(Folio No. 01-3125-048-1470), to respectfully request funding for a full gut renovation of this mixed -use
building. Mr. Jones has owned the property since 2002 and is committed to restoring it into a high -quality
residential and commercial asset that serves the Overtown community.
The building includes seven residential units (6 one -bedroom/ one -bath & 1 4-bedroom/ two -bath), all of
which are currently in a state of severe disrepair. Due to decades of wear, structural issues, and outdated
systems, the building requires a complete interior and exterior overhaul to bring it up to code and ensure its
long-term habitability and value to the neighborhood.
Property Overview
• Address: 1502 NW 1 Ct, Miami, FL 33136
• Folio: 01-3125-048-1690
• Owner: Roger Jones (Owner since 2002)
• Current Use: 7 residential units (6 occupied & 1 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 1502 NW 1 Ct directly addresses this challenge by preserving 7 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 7 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 — 1-Bedroom Units)
All 7 units will be reserved for households earning between 50% and 60% of AMI. Affordability will be secured through a
10-year regulatory agreement acceptable to the Omni CRA.
Affordable Housing Unit Mix
AMI Level Number of Units Target Population
30% AMI 2 Low-income residents
80% AMI 5 Workforce housing
Estimated Renovation Budget
Scope of Work
Demolition & Disposal
Framing, Insulation, Drywall
Electrical Systems
Plumbing Systems
Estimated Cost
$90,000
$120,000
$90,000
$90,000
HVAC Installation $105,000
Roofing Replacement $60,000
Doors & Windows $65,000
Kitchen/Bath/Flooring Finishes $125,000
Exterior Painting & Repairs $70,000
Exterior Enhancements & Landscaping $35,000
Permits, Design, Contingency $103,000
Total Project Cost: $953,000
Funding Request
We are requesting the full renovation cost of $953,000 from the Omni CRA. This strategic investment would
restore eight critical community -serving units in the heart of Overtown, preserving affordable housing, and
helping to stabilize a historically significant block that continues to face displacement pressures and
underinvestment.
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
• 7 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
Current Property Images
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Proposed Property Images
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