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CRA-R-26-0041 Exhibit B - SEOPW CRA Performance Analysis Report
Exhibit "B" Goals and Objectives Analysis — Florida Statutes 189.0694 The Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is committed to revitalizing the Community Redevelopment Area by addressing blight, promoting affordable housing, and creating parking availability for economic growth. In accordance with the Florida Statutes §189.0694, this Goals and Objectives Analysis Report, outlines the major projects intended to be undertaken for Fiscal Year 2026-2027: "Addressing Blight" 911' Street Mall: This beautification initiative project will bring new energy to the area, restoring a sense of pride and connection among residents while inviting visitors to experience the dynamic cultural and community -driven atmosphere. "Parking Availability" Parking Garage: A state-of-the-art facility owned by SEOPW CRA and operated by the Miami Parking Authority (MPA) to improve mobility and parking access, "Affordable housing" 24-unit condominium building: A new affordable housing development consisting of a 5-Story 24-unit building to be owned by the agency. These abovementioned projects are guided by the initiatives outlined in the SEOPW CRA 2018 Redevelopment Plan, which includes primarily economic development, affordable housing and infrastructure improvements, and the removal of slum and blight. Action Plan: Implementation and Monitoring Timeline: These projects are intended to break ground in FY 2026-2.027 and being completed within two ("2") years upon start date. Monitoring: Each division will monitor performance measures through regular quarterly reporting, Adjustments: The plan will be reviewed each fiscal year by the executive director and/or designee, and adjustments will be made as needed based on performance outcomes and changing community needs. This report also includes the following: 1) 2025's annual report 2) Summary of agency's obligations "Awarded versus Actual" report. SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 0 ANNUAL REPORT Creating opportunities for community empowerment © 305-679-6800 cra@miamigov.com www.seopwcra.com This page irons intentionally left blank. TABLE OF CONTENTS Message from the Board Chairwoman Message from the Executive Director Report Introduction Boundary Map About Southeast Overtown About Park West 1 2 3 4 5 6 Lyric Point Development Miami Worldcenter Quadplex Development Facade Beautification and Work Training Program Lawson E. Thomas Building Overtown Shopping Plaza Mural 22 23 25 26 27 29 Bond Series 2025 Overview Bond Series 2025 Development Priorities 9th Street Pedestrian Mall Women's Detention Center to Museum Rhapsody at Rainbow Village Courtside Apartments Atlantic Square Culmer Place & Culmer Gardens CRA Dollars at Work Infographic Soul Central Apartments 24 Unit Condominiums Public Parking Garage 7 8 9 11 13 14 15 16 17 19 20 21 Financial Overview: Balance Sheet 31 Financial Overview: Statement of 33 Revenues, Expenditures, and Changes in Fund Balance SEOPW CRA 2025 Annual Report I Creating opportunities for community empowerment I wwwseopwcra,com ����������� �������^�U�� K������N���U��N���������N� N�N���������N�N����������0�����N��� � Christine King, Board Chairwoman "Our greatest achievement will always beimproving lives and ensuring that future generations can remain intheir comnmmmnities." | am excited tocontinue serving as Chairwoman ofthe Southeast (}vartoxwn/ParkWest Community Redevelopment Agency (SEOP\N [RA). We are proud to present our annual report, showcasing the irnpactfu\vvork and progress achieved by this agency. Asagents o[change, vvowork together to rebuild a resilient cornrnunity, focusing on sustainabi\ity.infrastructure, and other key areas. In this role, | have the privilege o[advocating for quality housing throughout the Southeast [k^ertoxwn and Park West communities, a responsibility that remains one of my highest priorities. Most recently, our bond promises quality and equitable housing for hundreds of families. Our greatest achievement will always be improving lives and ensuring that future generations can remain intheir cornrnunities. SEOPWCRA BOARD MEMBERS oar ern erj; I ueoPwCPA znz Annual n°port|Creating "pp"rt"nmesxorcumm"nity empowerment | MESSAGE FROM THE EXECUTIVE DIRECTOR We are pleased to present our annual report for fiscal year 2024-2025. Over the last year, we have made tremendous progress with our $161.9 million bond. This bond project encompasses over 1,000 affordable units for the communities of Southeast Overtown and Park West, reflecting our steadfast commitment to providing quality affordable housing to residents. Our Chairwoman and the Board of Commissioners have continued to champion our efforts, and we thank them for their shared vision to improve the quality of life for a community that was once overlooked. We thank our residents, stakeholders. and community partners for their input, support, and advocacy as we continue striving to uplift these neighborhoods. James D. McQueen Executive Director " ...we have made tremendous progress with our $161.9 million bond." 2 SEOPW CRA 2025 Annual Report I Creating opportunities for community empowerment I www.seopwcra.com REPORT INTRODUCTION ABOUT THIS REPORT This Annual Report is prepared in accordance with Florida Statutes 163.356(3)(c) and sets forth the SEOPW CPA's assets, liabilities. income, and operating expenses as of September 30,2025. SEOPW CRA REDEVELOPMENT MISSION The 3EoPYVCPA is one of three community redevelopment agencies within the boundaries of the City of Miami. In accordance with the Community Redevelopment Act of 1969, CRAs were established to engage in initiatives and endeavors aimed at "eliminating and preventing crime" and "providing affordable housing to residents of low or moderate income, including the elderly," as well as incorporating "redevelopment in a community redevelopment area," as outlined in Florida Statutes 163.340(9). The mission of SEOPW CPA is to enhance the quality of life of residents within the Redevelopment Area by expanding the tax base, creating job opportunities, increasing accessibility to quality affordable housing opportunities, and promoting social and economic growth by fostering safe neighborhoods. As depicted in this annual neport the 3soPvvcRA has implemented a variety ofnew development and redevelopment undertakings to further this mission, ssu"WCPA 2025 Annual Report Ioeating opportunities for community empowerment! SOUTHEAST OVERTOWNI PARK WEST COMMUNITY REDEVELOPMENT AGENCY BOUNDARY MAP 555010st : 4.11111os1 F 4w N.014N N4.11.131 N Bn6 € N41151TE4 111VDS1 TES rc1. 115151 NW vs, s1 Nw 9T 24T1 II5101411N Fw 1FrN 9T M41E11197 I TM ESNV BP uE 01.00. 2 Nw can 91 5 2 5 = 5 2 M ,TIN ST 411'.110 BT NE n4o 51 N51Nm Sr II. 1a,5 ST ue ,ar4 ST YF r1M TES ME 1.41ST NE trNI TEN 1VN11TNBT NE,MN5T Nw 1rn15T 5 T1N51 NW11THST s $ u s 2 e 9 SW STN Sr n 1 NW MIST N4 ESN ST 1. IRO ST n4114051 NN'TST Si 5 Ne WENS. si ji NE 111N 1111 a r ITN TEN FYI'TM ST G 5 NE waas5T Nk ,114 1E4 NI,MN31 WE 'SNITS NE 15,4 51 N4 1014 sT rc 11T4 ST WE 100051 � MF OM sl .- - NE1IF31 . NWSTN ST NN T1 ST Nw.14T 1IEYTH Br L cc 0.1v (.rr �l NunS 1at`ara-'cep 1 J.r.1r 9w1ST 51 11E 10TH 11 051 44 411057 11E40 51 1 4T/I010 ' •t F 10E1913r i i 7 ,B 11'F1T01(N 31 2 sn ors ER 1T s 113gH.nwpN 9E ,9i ST n NE.9N0 TER NE 11Nu St NE 0SS0 TER 1¢ 11TF 51 NE 14TN 9T 4 SEOPW CRA 2025 Annual Report i Creating opportunities for community empowerment www.seopwcra.com ABOUT SOUTHEAST OVERTOWN AERIAL VIEW OF SOU 7HE.:ST 0 RTOWN Overtown was once a thriving mixed -income community with 50,000 residents. It was inhabited by people who worked on the railroad and other early industrial and commercial ventures. Overtown was also a thriving center of commerce and culture for the Black community, particularly for music and entertainment in the 1940s and 1950s. Bahamian musicians marched down Fifth Place on Friday nights, playing a spicy blend of Calypso. Teenagers flirted over jukebox sessions at neighborhood restaurants. In the 1960s. several factors combined to change the face of Overtown: (i) two highways were built that cut through the heart of the community, separating the community into quarters; (ii) the ill-conceived efforts of "urban renewal," leading to the destruction of many older homes and buildings, displacing nearly 80% of its residents and subsequent destruction of the area's business community, which once had more than 300 businesses; and (iii) desegregation. which opened new opportunities for many who moved to other neighborhoods. The formation of the SEOPW CRA was completed in 1982. s SEOPW CRA 2025 Annual Report I Creating opportunities for community empowerment I www.seopwcracom ABOUT PARK WEST AERIAL VIEW OF PM tWEST Most of the area currently referred to as Park West was part of the original `Miami" Subdivision platted in 1896 by the principal developers of the early City of Miami, Mary and William Brickell, Julia Tuttle, Henry Flagler. and the Fort Dallas Land Company, While the initial development of Park West focused on residential projects, it soon established a commercial character in the form of warehouses associated with its downtown location and proximity to the Port of Miami. formerly located at the site of present-day Bicentennial Park. The name "Park West" derives from this area being located "west" of the "park" Before 1964, this area was a warehouse and wholesale district related to the old port When the port moved, so did the wholesale businesses and storage facilities. Few of the remaining businesses have any functional relation to the port on Dodge Island in Biscayne Bay. New warehouses and container storage areas are provided on Dodge Island and areas west of the Miami International Airport. 6 SEOPW CRA 2025 Annual Report i Creating opportunities for community empowerment l www.seopwcra.com BOND SERIES 2025 OVERVIEW 501.01E0f PARK WEST The SEOPW CRA closed on a $161.9 million bond in August of 2025. setting the stage for transformative projects that will enhance the quality of life, expand affordable housing, and develop vibrant public spaces in Southeast Overtown. Municipal bonds like this one enable communities to invest in critical infrastructure, housing, and economic development. The SEOPW CRA's 2025 redevelopment plan reflects its commitment to sustainable growth and community enrichment. "This bond series will allow the SEOPW CRA to continue its mission of building affordable housing, enhancing green spaces, and improving vital infrastructure. We are creating spaces where residents can work, live, and play." —James D. McQueen, SEOPW CRA Executive Director 7 SEOPW CRA 2025 Annual Report I Creating opportunities for community empowerment j www.seopwcra.com BOND SE IES 2025 HOUSING INFRASTRUCTURE PLACEMAKING a SEOPW CRA 2025 Annual Report Creating opportunities for community empowerment 1 www.seopwcra.com Bond Series 2025 Placemaking Transformative Beautification Initiative to Revitalize 9th Street Pedestrian Mall Overview: The SEOPW CPA has launched a transformative beautification initiative designed to revitalize the neighborhood and enhance its appeal to residents and visitors, Address: NW 9th Street Pedestrian Mall Community Impact: This redevelopment will bring renewed energy to the area by fostering community pride, strengthening neighborhood connections, and enhancing the overall quality of life for local residents. The revitalized pedestrian mall will also help attract visitors, providing a dynamic cultural experience and supporting the district's continued growth. Bond Investment: $24.471,951 reNi€aC of rHe r'rai'Qt-E 3`"3TREST FLablRtAk WALL REA-OW.710MS "The redevelopment of the 9th Street pedestrian mall is more than just a beautification project - it's an investment in the future of this community. We are excited to see the vision come to life and to watch this space transform into a must -see destination." —James D. McQueen, SEOPW CRA Executive Director 9 SEOPW CRA 2025 Annual Report I Creating opportunities for community empowerment I www.seopwcra.com Bond Series 2025 Placemaking Transformative Beautification Initiative to Revitalize 9th Street Pedestrian Mall 10 SEOPW CRA 2025 Annual Report 1 Creating opportunities for community empowerment wwwseopwcra.com Bond Series 2025 Placemaking Conversion of the Abandoned Women's Detention Center to Art Museum and Cultural Hub 11 SEOPW CRA 2025 Annual Report i Creating opportunities for community empowerment www.seapwcra.com Bond Series 2025 Placemaking Conversion of the Abandoned Women's Detention Center to Art Museum and Cultural Hub tNTPRIOR VIEW SSOK+CASINu CURRENT CLINDITICNSUP THE DC t'EN1 ION CtNft.R Overview: Retrofit of an abandoned County -owned building (formerly the Women's Detention Center) for use as a museum and the preservation of art. The project is in the pre -design stage. Address:1401 NW 7th Avenue, Miami, FL 33136 Community Impact: The project expands access to arts, history, and community programming, strengthening Overtown's cultural community and Miami-Dade's artistic landscape. Investment: $25,000,000 " A detention center should never have been built next to a high school. Our children deserve better, and it is our intent to transform their community by providing art, access, and education like never before." — Christine King, SEOPW CRA Chairwoman 12 SEOPW CPA 2025 Annual Report i Creating opportunities for community empowerment I www.seopwcra.com Bond Series 2025 Affordable Housina Rhapsody at Rainbow Village 7:1 II Alf;sr 1 I d IdIIIi MANI Ili 1.1.”111, LI. A L,VItl CAW, 11,11111, MIL 1,111 (II 110, .1.iitV(11.1AN t•11111,11,1, KING HL FEN 1110,11EN:1 NAI HAN ROLIDN 11111 G4P1)1,1[.Vi.EMCNG gFIAMY RN3 ;NA NUM' AT RattlacWi Overview: Rhapsody at Rainbow Village will provide 310 units of affordable/workforce housing. This is the first phase of a larger public -private partnership between Housing Trust Group (HTG) and the Miami - Dade County Public Housing and Community Development Department (HCD) to redevelop the Rainbow Village and Gwen Cherry 23C public housing communities. Address: 2000 NW 3rd Ave, Miami, FL 33127 Community Impact: This project comprises 310 affordable/workforce housing units, a new community center. a daycare center, and commercial space for local businesses. Bond Investment: $15,000,000 13 SEOPW CRA 2025 Annual Report I Creating opportunities for community empowerment 1 Www.seopwcra.com Overview: New construction of two five -story residential buildings. This is the second phase of a larger public -private partnership between Housing Trust Group, AM Affordable Housing. Inc., and Miami - Dade County to redevelop the Culmer Neighborhood Service Center Site. Address:1600 NW 3rd Avenue. Miami, FL 33136 Community Impact This project will consist of 120 units for families earning at or below 70% Area Median Income. Bond Investment: $3,000.000 Bond Series 2025 Affordable Housing Courtside Apartments fir81.11' VVO%NrgNil Housing is the foundation -of stability, dignity,' and opportunity. When We ingest in hornes, we invest ill people,,in' - neighborhoods, and in the future of a thriving, community. 14 SEOPW CRA 2025 Annual Report Creating opportunities for community empowerment www.seopwcra.com rtg A 1 Bond Series 2025 Affordable Housing Atlantic Square (Block 45) SOLiTN WP4TViEV Overview: Atlantic Square is a mixed -use housing and transit hub that sits at the intersection of Southeast Overtown. Miami Worldcenter. and Downtown Miami. The development replaced a county -owned parking lot near the Miami -Dade County Metro -Pail station. the Metromover, and Brightline. It consists of 616 residential units, with retail on the ground floor. Address: 777 NW 2nd Avenue. Miami. FL 33136 •ZI-RtfT MVO Community Impact: The developer worked closely with the SEOPW CPA to host multiple job fairs featuring construction and permanent administrative roles for individuals living within the redevelopment area and beyond, Chairwoman Christine King has championed a portion of this market -rate development for affordable housing. Bond Investment: $10.000.000 15 SEOPW CPA 2025 Annual Report !Creating opportunities for community empowerment www.seopwcra,com Bond Series 2025 Affordable Housing Culmer Place and Culmer Gardens Overview: Redevelopment of Culmer Place and Culmer Gardens comprises over 20 acres in the heart of Overtown, This project comprises 779 mixed -income units and/or 599 affordable units. Address: 600 NW 10th Street, Miami. FL 33136 :-.1?tAL VtW MX-ME K.Act Community Impact: Redeveloping these obsolete 1970s-era public housing sites into safe, sustainable. attainable homes will dramatically change the face of the neighborhood. Investment: $10,000,000 16 SEOPW CPA 2025 Annual Report 1 Creating opportunities for community empowerment I www.seopwcra,con't CRA DOLLARS AT WORK $I61.9MINVESTED IN REDEVELOPMENT 120 UNITS COURTSIDE APARTMENTS 310 UNITS RHAPSODY AT RAINBOW VILLAGE INFRASTRUCTURE 30 NEW PARKING SPACES GARAGE This infographic summarizes highlights. Please review the full report for additional details. 17 SEOPW CRA 2025 Annual Report I Creating opportunities for community empowerment I www.seopwcra.com r - CRA DOLLARS AT WORK PLACEMAKING 9TH STREET PEDESTRIAN M - MUSEUM AT FORMER DETENTION CENTE SON rE.,THO U1LDING R • RETAIL, JOBS, & PUBLIC SPACES ECONOMIC DEVELOPMENT Irma t S30M t g $675K MIAMI WORLDCENTER SMALL BUSINESS SUPPORT LYRIC POINT DEVELOPMENT This infographic summarizes highlights. Please review the full report for additional details. 18 SEOPW CRA 2025 Annual Report i Creating opportunities for community empowerment I www.seopwcra.com Bond Series 2025 Affordable Housing Soul Central Apartments Overview: A mixed -income, mixed -use development designed to create housing for existing community residents with affordability levels in the range of 60% to 120% of the AMI. Address: 1141 N.W. 3rd Ave., 242, 234, and 224 N.W. 12th Street. r r.4 Aor, • .4 CtCERTRAt, APARIVENTS 4ENEWRIMS Community Impact: This development is designed to strengthen and sustain the existing community by delivering high -quality, mixed -income housing that is both attainable and inclusive. Bond Investment: $15.000,000 Estimated Total Project Cost: $78.778,357 0417' Hoittirig iSit solLitely essential to human flourishin.60Nithout itai?letc Milken t aftfails apart ."— Matthew Desmond.- 19 SEOPW CPA 2025 Annual Report Creating opportunities for community empowerment I www.seopwcra.com W.31WPEN1 r.ORNTA Kres'EMIVE' Overview: A new affordable home -ownership development at 1611 NW 3'd Avenue consisting of a 5-story, 24-unit building of 1-. 2-. and 3-bedroom residences and amenities targeting families earning less than 8096 AMI, with ground floor commercial retail/space. to be developed by the SEOPW CPA. Address:1611 NW 3'd Avenue, Miami, FL 33136 Community Impact: This project expands access to quality ownership opportunities, supports family stability, and reinforces anti-ciisplacement efforts in Overtown. The inclusion of ground -floor commercial space strengthens the local economy by creating opportunities for neighborhood businesses and enhancing street -level activity. Bond Investment: $10,000,000 Estimated Total Project Cost: $17,000,000 Bond Series 2025 Affordable Housing 24 Unit Condominiums 50:IN EAST MIEN rii,Pf4PMfiVe "This development is an investment in keeping Overtown's families rooted. By creating affordable paths to homeownership, we're strengthening the community's future and ensuring long-time residents can continue to call this neighborhood home." — James D. McQueen. SEOPW CPA Executive Director 20 SEOPW CPA 2025 Annual Peport I Creating opportunities for community empowerrnent 1 www.seopwcra.com Bond Series 2025 Infrastructure Public Parking Garage -...111•14111 ',MEMO PNIW,ATO, 1HE mun Nmr-FAIMI=411*,1104, Overview: As part of the agency's continued commitment to strengthening critical infrastructure within the SEOPW Community Redevelopment Area, the SEOPW CRA will develop a five -story public parking garage providing k‘ approximately 300 parking spaces. The project will be funded through $15,000.000 in bond proceeds dedicated to its construction and long-term public benefit. Address: 240 NW 9'h Street, Miami, FL 33136 Community Impact: High -quality, accessible parking is essential to supporting commercial growth, improving mobility, and enabling the successful redevelopment of the district. This facility will serve as a foundational investment that enhances the area's capacity to attract new businesses, accommodate increased visitation, and support future mixed -use development. Bond Investment: $15.000,000 Estimated Total Project Cost: $20,000,000 21 SEOPW.CRA 2025 Annual Report I Creating opportunities for community empowerment I www.seopwcra.com Economic Development Lyric Point Development -1. '--- 111:47,..,.„,:'-'1:-)'N 1 -N4'11 1, • , 4 111111111111111,,,1 I Overview: The SEOPW CRA approved a series of Tenant Improvement Grants and subleases to support small-business growth and activate the NW 8th Street commercial corridor, Address:1O1 NW Street, Miami. FL 33136 Community Impact: These investments strengthen local entrepreneurship, create jobs. and enhance neighborhood vibrancy by supporting commerce in Southeast Overtown, which directly abuts Downtown Miami and Miami -Dade County transit. Investment: $675,000 "By investing in small businesses along NW 8th Street, the SEOPW CRA is strengthening local entrepreneurship, creating jobs, and bringing new energy to a commercial corridor that connects Overtown with the heart of Downtown Miami." — Christine King. SEOPW CRA Chairwoman 22 SEOPW CRA 2025 Annual Report {Creating opportunities for community empowermentt www.seopwcra.com Economic Deveopment Miami Worldcenter Grand Opening AFRE,V. viMEcIr WW1 firt: Vt. ON:1EN Overview: The Miami Worldcenter development celebrated its completion with a grand opening in the Spring of 2025. This master -planned development serves as an economic catalyst for the Park West area. which was previously riddled with underutilized vacant land, and touts approximately 300,000 square feet of retail, 100,000 square feet of new public space, and 16 high-rise residential and hospitality towers. The commercial offerings feature numerous national and international brands, drawing in locals and tourists alike. With dozens of new retail outlets and more than 1.000 hotel rooms, the development has created thousands of permanent jobs in Miami -Dade County. 23 SEOPW CPA 2025 Annual Report Creating opportunities for community empowerment iwww.seopwcra.com Economic Development Miami Worldcenter Grand Opening Community Impact: In addition to increased property tax revenue, job creation. and a retail boom, the development also promotes walkability through public spaces. Miami Worldcenter features lush green spaces, modern walkways, and a public art program showcasing locally and nationally recognized artists. PEET V,fit4 MOM! WORLEXT.PittY R4lAt Miami Worldcenter is one of Florida's largest and most ambitious urban redevelopment efforts, It represents a first -of - its -kind collaboration between multiple developers and public agencies, resulting in over $5 billion in total investment. It introduced Downtown Miami's first pedestrian shopping street, redefined its skyline. and set a new precedent for mixed -use. transit -connected collaboration. Its ongoing success reflects how thoughtful redevelopment can reshape a district and the city's future. Overall, this mixed -use development is an economic catalyst, eliminating blight through thoughtful urban planning that prioritizes Miami's distinct culture. Investment: $30,000,000 (2021-2026) 24 SEOPW CPA 2025 Annual Report 1 Creating opportunities for community empowerment 1w.seopwcracom 1 Affordable Housing Quadplex Housing Development 1116 111ni u14 NZ III1101111111001.11'''" • ••se••••1L A.= — e % • i • * • • 1, • 1, 14" • .4 • METTNiP,Fou,thnEADEVI-LOWNT Overview: The Quadptex Housing Development adds four affordable homeownership units on formerly vacant land in Southeast Overtown. The project supports the SEOPW CPA's mission to expand accessible, high -quality housing. Address: 244 NW 16'h Street, Miami, FL 33136 Community Impact: The three-story quad piex increases affordable homeownership opportunities for households earning up to BO% of AML Each unit includes impact -resistant windows and doors, private balconies, and energy -efficient appliances, improving durability, safety, and long-term affordability. Investment: $2,700,000 25 SEOPW CRA 2025 Annual Report I Creating opportunities for community empowerment I www.seopwcra.com Facade improvements Facade Beautification and Work Training Program .72 =-71 .7 TT 9v7 _g ,77 �w�;cww ,�... Mg home was improved by the FACADE BEAUTIFICATION &WORK TRAINING 'r'iU PROGRAM AtliAL CF -.LE hOME5 Overview: The Facade Beautification and Work Training Program aims to rejuvenate our community's streetscape, boost local businesses. and foster greater pride among our residents. Through this program, we support businesses and residents within the SEOPW CRA boundaries by helping them revitalize theft commercial or residential exteriors. Address: Various Community Impact: This program is more than just a training initiative; it is a community -driven effort to bring about positive change. By empowering individuals with skills, improving the aesthetics of buildings, and enhancing the community's identity, the Facade Beautification and Work Training Program embodies our commitment to the community and the betterment goals of the SEOPW CRA. Investment: $4.000,000 Scan here! 26 SEOPW CPA 2025 Annual Report! Creating opportunities for community empowerment 1 www.seopwcra.com Historic Preservation & P acomaking Lawson E. Thomas Building Overview: The Southeast Overtown/Park West Community Redevelopment Agency (SEOPW CRA) opened the doors of the historic Lawson E. Thomas building to the public for the first time in over a decade. Previously abandoned, the SEOPW CRA acquired the property, completed a full gut rehab, and adapted it for its new use as an art gallery. With an investment of $374,000, some improvements include a roof replacement, HVAC upgrades. and accessibility additions. Address:1021 NW 2nd Avenue, Miami, FL 33136 Community Impact: As the former office of Miami-Dade's first Black judge, the revitalized building preserves a significant community landmark while strengthening local arts, cultural heritage. and community engagement. Investment: $374,000 Exhibit Overview: With its reimagined purpose. the space's first use features "Sepia Vernacular" an exhibition curated by the City of Miami Planning Department. The department highlights archival tax cards, planning books, and more. Previously on display at the City of Miami's Riverside Center, this extended exhibit showcases "ColorTown," a captivating 1940 photo series by Max Waldman that brings to life the everyday moments of one of Miami's oldest and most storied communities. The exhibit and the building are highly impactful on Historic Overtown. Formerly the law offices of the Honorable Judge Lawson E Thomas. the first black judge in Miami -Dade County, this building is integral to the community's cultural fabric and continues to inspire black lawyers today. ai 44WCA:ED BLUM, BCrGRE AN110 Et'ii Cx THE 27 SEOPW CRA 2025 Annual Report I Creating opportunities For community empowerment I www.seopwcra.com Historic Preservation & Placemakin Lawson E. Thomas Building A -v444 ,444 r Vrr, -4; ,tA , 0,1 efg, Nat VSe'en ek,e*le4 4..4 kluAl calgo...5.—led-R Y e 4.i -6gee- -w- le_ • 1--014* P.% r`5 ; 1 _ sr.p. pfCT41R-1 41 Mit TN Zee teFe ti AeliiReCE PEPri/eretiENT fil3TOREC OVEertMei,,CLILTUP.Ai. (ORIN'S' ARENVES. 307,AN71ietriE4Ziegi FZINEIA i Or Zei ;e0160A,Nte, ;00.,` HiSIGNie 'ateer.e.ni.ifeE cr.a.taniuosE AT,Z Nei Life MI 441 411,11: Scan to learn more! 28 SEOPW CPA 2025 Annual Report 1 Creating opportunities for community empowerment I www.seopwcra.corn t Placemaking + Public Art Overtown Shopping Plaza Mural (Part 2) Overview: The SEOPW CRA continued its commitment to placemaking and community beautification through strategic investments in local artists and culturally rooted public art. We proudly welcomed a new mural, The Scenic Ride- by Overtown artist Tierra Armstrong, to the Overtown Shopping Plaza. Address:1490 NW 3rd Avenue, Miami, FL 33136 Community Impact: This installation builds on Armstrong's earlier mural, Breath of Fresh Air, unveiled in the Spring of 2024, further transforming the shopping plaza into a vibrant community landmark. Together, these works enhance the neighborhood's visual identity, celebrate local creativity, and contribute to a more inviting and engaging public realm for residents and visitors alike. Investment: $35,000 Artist: Tierra Armstrong Curator: Donnamarie Baptiste Video: Amadeus McCaskill Scan here to experience the mural process! 29 SEOPW CRA 2025 Annual Report I Creating opportunities for community empowerment 1 www.seopwcra.com cernaking + Public Art Overtown Shopping Plaza Mural (Part 2) R8£SYE: S%ik : VIEW DP`SS'4N1C At4F'MURAL AERIAL P4EPL aF 7HE aQPPINk PLAZA 30 SEOPW CRA 2025 Annual Report 1 Creating opportunities for community empowerment www.seopwcra.com ....... :_.,_,r, • . . ' ,., . .., ... ,., . .:i'm7-- • , ... ... )..:t7'1111111•11.1.7•-;', ... ..,,,, . -,!' ,• ..,..1,, ,. .. .. • • • .. ..,, •,.. ••••,- . ,,,•••,•• '.i. ..... . ..,.•-.. •77::Ml.",''' ., .. , . . .:12,:.' •:•:- X0 ' ., .... ..„ , . 41* r ... _,, . _ ... • • • 1,." ... ',.. . F1 A C1AL • VERVIE CITY OF MIAMI SOUTHEAST OVERTOWN PARK WEST COMMUNITY REDEVELOPMENT AGENCY (A COMPONENT UNIT OF THE CITY OF MIAMI, FLORIDA) BALANCE SHEET - GOVERNMENTAL FUNDS SEPTEMBER 30, 2025 ALA CE S EET Ma or funds Non -major Total Special governmental governmental revenue Capitalprojects Debt service fund funds ASSETS Cash $ 44,615,474 $ - $ - $ 3,009,941 $ 47,625,415 Restricted cash - 150,000,000 - 150,000,000 Interest receivable 376,632 - 376,632 Loan receivable 163,106 - 163,106 Lease receivables 24,749 - 214,020 238 769 Total assets $ 45,179,961 $ 150,000 COO $ $ 3,223,961 $ 198,403,922 LIABILITIES Accounts payable and accrued liabilities S 410,528 § $ $ 169 711 $ 580,239 DEFERRED INFLOWS OF RESOURCES Leases 21 562 205,317 226,879 FUND BALANCES Non Spendable: Loan receivable 129,295 129,295 Lease receivables 3,187 - 3,187 Spendable: Restricted 150,000,000 - - 150,000,000 Committed 43,059,908 - 1,283,399 44,313,302 Unassigned 1,555,481 - 1,565,539 3,121,020 Total fund balances 49 717,871 150 000,000 2,84/3L333 ___127226,804 Total liabilities, deferred inflows of resources and fund balances $ 45,179 961 $ 150 000 000 $ - § 3,223,961 $ 198,403,922 Excerpt from 2025 Audited Financial Statements. The full report may be accessed at www.seopwcra.com 31 SEOPW CPA 2025 Annual Report Creating opportunities for community empowerment www.seopwcra.com FINANCIAL OVERVIEW: BALANCE SHEET -la ASSETS CASH, INVESTMENTS, & BOND PROCEEDS $198.4 32 SEOPW CPA 2025 Annual Report 1 Creating opportunities for community empowerment! www.seopwcra.com FINANCIAL OVERVIEW: STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES CITY OF MIAMI SOUTHEAST OVERTOWN PARK WEST COMMUNITY REDEVELOPMENT AGENCY (A COMPONENT UNIT OF THE CITY OF MIAMI, FLORIDA) STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - GOVERNMENTAL FUNDS YEAR ENDED SEPTEMBER 30, 2025 Major funds Non -major Total Special governmental governmental revenue _Capit_projects Debt service fund funds REVENUES Tax increment $ 52,653,923 $ - $ $ - $ 52,553,923 Leases 83,122 91,252 174,371 Investment income 2,165,227 - 191,712 2,356,939 Other 1,663,900 1,316 177,615 51422391 Total revenues 59,566,172 1,346 760,609 60,123,127 EXPENDITURES Current: General government 3,976,462 3,976,462 Community redevelopment 18,350,732 - 2,258,125 50,608,907 Debt service: Principal 515,778 23,945,000 24,460,778 Interest and other charges 59,839 1,111,381 1,171,240 Other debt service costs 2 198,071 - 2,198,074 Total expenditures 52,902,381 27,254,455 2,258,125 82,415,61 Excess (deficiency) of revenues over (under) expenditures _6,663,291, _ __(_27,253,109) (I.,497,516) (22,087,11A) OTHER FINANCING SOURCES (USES) Lease liahility Issued 559,829 559,329 Issuance of debt 150,000,000 11,910,000 161,910,000 Premium from issuance of debt 10,341,955 10,841,955 Transfers in 4,501,154 4,501,154 Transfers out (4,501,154) (4,501,154) Total other financing sources (uses) (3,941,325) 150,0002300 27,251109 173 311 784 Net change in fund balances 2,721,966 150,000,000 (1,497,516) 151,224,450 Fund balances- beginning of year 12,025,905 4,346_,_449 45,372,354 Fund balances - end of year $ 44,747 871 $ 150 000,000 $ $ 2,848,933 $ 197,595,804 Excerpt from 2025 Audited Financial Statements. The full report may be accessed at www.seapwcracarn 33 SEOPW CPA 2025 Annual Report !Creating opportunities for community empowerment 1 wwwseopwcra.com FINANCIAL OVERVIEW: STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES REVENUE TOTAL TAX INCREMENT REVENUE $52.7 34 SEOPW CRA 2025 Annual Report I Creating opportunities for community empowerment www.seopwcra.com SEOPW CRA IN THE COMMUNITY IR @miamicra El @seopwcra A @miamicra 35 SEOPW CRA 2025 Annual Report 1 Creating opportunities for community empowerment 1 www.seopwcra.com This page i vas In(enrro molly !off blanl. SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY 819 NW 2nd Avenue, 3rd Floor, Miami, Florida 33136 PHONE: (305) 679-6800 EMAIL: cra©miamigov.com WEBSITE: www.seopwcra.com Summary of "SEOPW CRA" Obligations (Awarded versus Expended). Description Appropriation Date and Resolution Number Awarded Expended Remaining Account Code 1 2025's relating Debt Service payment Annual to 2074 Bond and 2025 Bond Series. Debt Service payment Per 2026's Budget 514,207,725 514.207 725 So Debt Service Debt Service $0 2 (County) 2026's Global Agreement Payment Estimate Global Agreement Payment Paid In March 2026. Per 2026's Budget 54,384,132 54,384,132 SO Interfund Transfer 3 Grant to the City of Miami for the construction of the Gibson Park Project Grant Agreement Per 2025's Budget S850,182 5350,182 50 Interfund Transfer 4 2025s Contribution to the Children Trust Fund Interlace! Agreement Per2026's Budget 52,312,777 52,312,777 So Interfund Transfer Total Interfund Transfer $0 5 Quadplex Affordable Housing Project Affordable housing project located at 244 NW 16th 5t, Miami FL. Additional funds in the amount of 51.1 M were added. Thursday, June 27, 2019 19-0018 51.1M were added 52,700,000 52,577,556 522,444 Construction in Progress 6 Lyric Point ( the "Project') For the costs of the buildout Thursday, April 15, 2021 21-0006- 5700, 000 and 25-0021- 51,390,000 S2,090,000 S1,365,298 5704,702 Construction in Progress 7 Lit Greenhouse Grill, LLC Authorizing a tenant improvement grant and Sub -Lease Agreement Thursday, June 26, 2025 25-0032 575,000 50 575,000 Construction in Progress 8 Italian Vice Markets. LLC -Authorizing a tenant improvement grant and Sub -Lease Agreement Thursday, June 26, 2025 25-0033 5200,000 S0 5200.000 Construction in Progress 9 TDG Sports 8 Entertainment, LLC Authorizing a tenant improvement grant and Sub -Lease Agreement Thursday, June 26, 2025 25-0034 5200,000 SO 5200,000 Construction In Progress 10 Jitterflix, LLC Authorizing a tenant improvement grant and Sub -Lease Agreement Thursday, June 26, 2025 25-0035 5200,000 S0 5200,000 Construction in Progress Total Construction In Progress $1,402,146 11 'Avant( -Incentive TIF's Payment FY 2026's Payment -TIF Agreement 5316,055 Per Development Agreement 5316,055 S0 5316 055 Other Grants and Aids 12 Avant( - Housing Subsidiary Agreement The agreement will subsidize 100 affordable units. The financial commitment for this agreement is 5615K, per year for a 5 year term and shall automatically renew for two successive 5 year periods. 2025- Variable Payment 5536,304 plus 5615,00012025-5615.000. Thursday, May 23, 2024 24-0036 - 5615,000 51.756,304 5615,000 S1,151,304 Other Grants and Aids 13 Block 55 - Housing Subsidiary Agreement The agreement will subsidize 289 affordable units far individuals 62 years of age, The financial commitment for this agreement is 51.6M, per year for a 5 year tern. Thursday, January 25, 2024 24-0010 24-0061 58,000,000 52,563,996 55,436,005 Other Grants and Aids 14 Block 55 - Incentive TIF's Payment TIF Incentive Agreement (Estimate). 70% TIF Incentive. To verify whether property is on the tax rolls. Paid In June 2025 Per Development Agreement 5422,092 5422,092 50 Other Grant and Aids Description Appropriation Date and Resolution Number Awarded Expended Remaining Account Code 15 Housing Subsidiary Agreement 5750,000 Block 45 Per Development Agreement S750,000 SO 5750,000 Other Grants and Aids 16 Miami World Center - Incentive TIF's Payment TIF Incentive Agreement (Estimate). 57% Tif Incentive. Payments started in FY 2021. Per Development Agreement 530,497,035 530,497,035 50 Other Grants and Aids 17 Town Park Plaza North Project To underwrite costs with the completion of the rehabilitation o1 169 affordable housing units. Several Dates 13-0068 14-0062 18-0042 21-0001 24-0033 S31 643,816 532,391,184 (5747,368) Other Grants and Aids 18 Grant to Harlem Square LLC For the construction of "Harlem Square", a super club/lounge, located at 173 NW 11th St. Miami, FL Monday, December 29, 2014 14-0076 51,250,000 5839,569 5410,431 Other Grants and Aids Additional funds for the construction of the "Harlem Square" For the construction of "Harlem Square", a super club/lounge, located at 173 NW 11th St, Miami, FL Thursday, March 29, 201B 18-0014 5975,000 5781,967 5193,033 Other Grants and Ads Additional funds for the construction of the "Harlem Square" For the constriction of "Harlem Square", a super clubAounge, located at 173 NW 11th St. Miami, FL Thursday, October 10, 2024 24-0062 52,000,000 SO 52,000,000 Other Grants and Aids 19 1611 NW 3rd Avenue - Increasing the existing contract value - CRA-R- 15-0030. Original Funding for Design Monday, July 27, 2015 15-6052 5400,000 5400,000 50 Other Grants and Aids 20 1611 NW 3rd Avenue - Increasing the existing contract value - CRA-R- 15-0030. Additional Funding for Design Thursday. September 26, 2024 24-0056 5224,273 5137,123 587,150 Other Grants and Aids Description Appropriation Date and Resolution Number Awarded Expended Remaining Account_ Code 21 Historical Saint Agnes Episcopal Church of Miami, Inc. Additional funding for potential unforeseen Thursday, project needs. November 16, 2023 23-0055 51.298,000 5611.169 5686,631 Other Grants and Aids 22 Greater Bethel African Methodist To assist with structural and electrical Thursday. January 25, 2024 24-0003 5273,329 5122,682 5150,647 Other Grants and Aids Episcopal Church, Miami, FL - 245 repairs and improvements of the Main NW 8th Street Church building, 23 Grant to 241 NW 17th St LLC For the renovation and rehabilitation of Friday, May 22, 2020 20-0008 5950.000 5959,033 (S8,033) Other Grants and Aids 241 NW 17th 5l. 23-0025 24 1818 Apartment Rental LLC For the rehabilitation of 1818 NW 2nd Thursday, July 27, 2023 23-0033 51,800,000 5225,959 51,574.041 Other Grants and Aids Court, Miami FL 33136. 25 Poinciana Village Condominium Association, Inc. Elevator modernization. concrete restoration, and exterior building painting to Poinciana located at 201 and 269 NW Thursday, May 25, 2023 23-0026 5500,000 S0 5500,000 Other Grants and Aids 7th Street, Miami, Florida, 26 Le Chien Gourmet For the costs of the buildout Thursday, March 9, 2023 23-0009 515,000 S13,120 51,880 Other Grants and Aids 27 Bethel AME Church, Inc. For the casts of repair to apartment Thursday, May 25. 2023 23-0024 6226,671 5161,619 565,052 Other Grants and Aids building located at 245 NW Bth Street. 5139,227 23.0015 587,444 28 Grant to the City of Miami Replacement of Football field at Theodore Thursday, February 22. 2024 24-0021 S1,000,000 51,000,000 S0 Other Grants and Aids Gibson Park 29 Pedestrian Crosswalk Installation and maintenance rapid fleshings beacons within pedestrian crosswalks Thursday, February 22, 2024 24-0019 5142,000 SO 5142,000 Other Grants and Aids 30 JEJ Properties Inc. For renovations at the Dunns-Josephine Thursday, July 25, 2024 24-0051 5932,021 SO 5932,021 Other Grants and Aids Hotel 25-0013 31 Overtown Signage Funds derive from St. John's 2nd Monday. October 30, 2017 17-0054 5120,000 515,168 5104,832 Other Grants and Aids Amendment Agreement 32 Human Resources of Miami, Inc. 1 . To underwrite costs associated with the Thursday, July 22, 2021 21-0021 52,001.137 52 001,137 50 Other Grants and Aids Funding for three (3) years. continued operation of the Overtown 22-0003 Renewed on 11116123 Beautification Team -Allocated amount 22-0028 since 2021 amounted to S2,519,605.81 23-0056 25-0010 33 Human Resources of Miami, Inc. To underwrite costs associated with the Thursday, February 27, 2025 25-0010 5600,000 5436.730 5163,270 Other Grants and Aids continued operation of the Overtown 2nd Year Beautification Team Renewal 34 HEAT To underwrite costs associated with the Thursday, September 26, 2024 2nd Year 5200,000 565,835 S134,165 Other Grants and Aids continued operation of the HEAT Program Renewal Description Appropriation Date and Resolution Number Awarded Expended Remaining Account. Code 35 Girl Power Rocks, trio/Mama Hattie's House To support the development of Mama Hattie's House. Thursday, May 25, 2023 23-0021 24-0073 55,000,000 50 55000,000 Other Grants and Aids 36 Overtown Youth Center, Inc To underwrite costs associated with the Youth Internship Program Thursday, July 27, 2023 23-0038 5196,403 5152,327 544,076 Other Grants and Aids 37 Urgent Youth Programming Thursday, July 27, 2023 23-0038 S204,376 51713,758 525518 Other Grants and Aids 38 Facade and Beautification Training Program Program outsourced and managed by FIU. Thursday, July 27, 2023 23-0032 25-0027 S4,000,000 53,321 631 5678,369 Other Grants and Aids 39 Grant to Miami Dade College for Hospitality Institute For the operation of the hospitality institute in FY 2023-2024. This commitment is for four (4) years. Thursday, July 27, 2023 23-0036 5200,000 5200 000 50 Other Grants and Aids 40 Professional Services Agreement with Harold A, Johnson Consulting - Miami World Center Compliance Monitoring Contract / Developer will reimburse the SEOPW CRA for this expenditure. Monday, June 29, 2015 15-0024 55,243,000 55,243,000 50 Other Grants and Aids 41 Community Awareness Construction Services. LLC Compliance Monitoring Contract entered into August 1st, 2021-Block 55. Last payment made by the Developer was in October 2025. Per agreement / Developer will reimburse the SEOPW CRA for this expenditure. 5450,000 5450,000 SO Other Grants and Aids 42 Dunns - Josephine, Incorporated - Soul Basel programming al Dunns- Josephine Hotel, includes the An of Black Economics exhibit, Black Beauty Pop -Up exhibit, and Movie Night - 514,178,00, Gateway Airport Concessions, Inc - Soul Basel programming at the Brighline Miami Centra Station - 525,000 00: Haynes Harbour Group, Inc.- Soul Basel Programming at the 3rd Avenue Mini Park - 58,268.00; Miami -Dade North Arts and Humanities Foundation, Inc - Virtual arts and technology workshops to the residents - S85,925.00. Arts and Culture Thursday, January 25. 2024 24-0002 5133,371 543,678 589,693 Other Grants and Aids 43 Grant - Miami Museum of Contemporary Art of the African Diaspora Grant Contribution Thursday. July 27, 2023 23-0037 5135,900 550.000 585,900 Other Grants and Aids 44 Breath of Life Ministry of the Arts, Inc. Grant Contribution Thursday, July 27, 2023 23-0038 5132,155 581,865 5290 Other Grants and Aids 45 Enhanced Policing Services Enhanced policing services Thursday, July 27, 2023 23-0003 5600,000 50 5600,000 Other Grants and Aids 46 Overtown Optimist Club -after school program After -school program Monday, February 7, 2022 22-0001 5200,000 550,000 5150,000 Other Grants and Aids r 47 Overtown Optimist Club -after school program After -school program Thursday, July 27, 2023 23-0038 5200,000 569,523 5130,477 Other Grants and Aids 48 Green Haven Project Educational workshops and programmatic expenses Thursday, November 17, 2022 22-0050 5150,000 5117,050 532,950 Other Grants and Aids 49 Cohen Temple Church of God in Christ Inc Repairs and improvements 10 the property located at 1747 NW 3rd Avenue, Thursday, November 17, 2022 22-0052 5117,907 592,448 525,459 Other Grants and Aids 50 Underdeck CRA's Contribution Thursday, July 17, 2025 25-0038 S3,500,000 50 53,500,000 Other Grants and Aids 51 Green Chicken Overtown LLC Build Out of the restaurant Thursday, October 23, 2025 25-0060 5350,000 5315,328 534,672 Other Grants and Aids Description Appropriation Date and Resolution Number Awarded Expended Remainino &count QL: _it _le 52 Temple Missionary Baptist Church Inc. Urgent Repairs and Rehabilitation Thursday, October 23, 2025 25-0059 5366,000 S343,299 616,702 Other Grants and Aids 53 innovation Crime Reduction and Intervation Programming Initiatives Overtown Youth Center, Inc Thursday, October 23, 2025 25-0063 S200,000 532,505 S157,395 Other Grants and Aids 54 Innovation Crime Reduction and Intervation Programming Initiatives Urgent, Inc Thursday, October 23, 2025 25-0063 S2D0,000 583,873 5116,127 Other Grants and Aids 55 Innovation Crime Reduction and Intervation Programming Initiatives Transition, Inc Thursday, October 23, 2025 25-0063 5750,000 5492,377 5257,623 Other Grants and Aids 56 Innovation Crime Reduction and intervation Programming Initiatives Girl Power Rocks, Inc Thursday, October 23, 2025 25-0063 5100,000 535,156 564,844 Other Grants and Aids 57 Innovation Crime Reduction and Intervation Programming Initiatives Community Work Training Proorarn, Inc Thursday, October 23, 2025 25-0063 5220,000 5152,028 557,972 Other Grants and Aids 58 Innovation Crime Reduction and Intervation Programming Initiatives Overtown Optimist Club, Inc Thursday, October 23, 2025 25-0063 5150,000 50 5150,000 Other Grants and Aids 59 Innovation Crime Reduction and Intervation Programming Initiatives Touching Miami with Love, Inc Thursday, October 23, 2025 25-0063 5160,000 531,072 5128,928 Other Grants and Aids 50 Innovation Crirne Reduction and Intervation Programming Initiatives City or Miami Black Police Precinct Thursday, October 23, 2025 25-0063 S275,000 5100,673 5174,327 Other Grants and Aids 61 Innovation Chine Reduction and intervation Programming Initiatives Abundant Living Health E. Wellness Thursday, October 23, 2025 25-0063 S198,800 5143,385 555,415 Other Grants and Aids 52 Innovation Crime Reduction and Intervation Programming Initiatives Suited for Success, Inc Thursday, October 23, 2025 25-0063 5145,000 5116,999 534,001 Other Grants and Aids 63 Innovation Crime Reduction and Intervation Programming Initiatives Do Good 41, Inc Thursday, October 23, 2025 25-0063 575,000 516,660 558,340 Other Grants and Aids Total , $2,473,800 54 Small Business Grant Program Thursday, October 23, 2025 25-0064 5250,000 569,592 5180,405 Other Grants and Aids 65 Emergency Rental Assistance Program Thursday, November 20, 2025 25-0070 5500,000 50 5500,000 Other Grants and Aids 65 Grant to FSH Holdings LLC Financial assistance for essential structural improvements Thursday, November 20, 2025 25-0072 5236,650 50 5236,550 Other Grants and Aids Description Appropriation Date and Resolution Number Awarded Expended Remaining Account Code 67 Grant to Marcus Samuelsson Development Group Thursday, May 26, 2026 26-0027 S1,500.000 51,500,000 50 Other Grants and Aids 68 The Black Archives. History and Research Foundation of South Florida Inc. Thursday, June 25, 2026 26-0034 5250A00 50 5250 000 Other Grants and Aids 69 Grant to Chase and Chance, LLC Thursday, June 25, 2026 26-0039 5126,600 50 5126 600 Other Grants and Aids 70 Available funds for Other Grant and Aids "Carryover'). Designated Funds Per 2026's Budget S4,370.279 50 54,370,279 Other Grants and Aids 71 Available funds for Other Grant and Aids "2026's TIF"). Designated Funds Per 2026's Budget 55,367.541 SO 55,367,541 Other Grants and Aids Total Other Grant and Aids $36,763,971 72 Purchase of Jackson Soul Food Restaurant Properly Acquisition Tuesday, June 17, 2025 25-0028 (Auth to purchase)/d eobligated 26-0039 53,500,000 S0 53,500 000 Land Total Land $3,500,000 73 Specialized Legal Services Unrestricted funds Per 2026's Budget S600,000 S511,208 S88,792 Professional Services - Legal Total Professional Services- Legal $88,792 74 Annual External Audit and Other Agreed Upon Procedures Designated Funds Per 2026's Budget 548,000 548,000 SO Accounting and Audit Total Accounting and Audit $0 75 Hood Design Studio, Inc. Landscape Acquitecture Services Thursday, May 23, 2024 24-0031 - 5300,000 25-0039 S2,900,000 51,565,214 S1,334,786 Other Professional Services 76 Howard University Feasibility Study Designated Funds Thursday. September 25. 2025 25-0053 5325.000 SO S325,000 Other Professional Services 77 Other Marketing Services Designated Funds Per 2026's Budget S150,000 50 5150,000 Other Professional Services 78 Other Professional Services Unrestricted funds -Contingency Per 2026's Budget 5300,000 5128,271 5171,729 Other Professional Services Total Other Professional Services Other $1,981,515 79 Landscaping and Lighting Services- Unrestricted funds Thursday, October 23, 2025 25-0062 5200,000 S92,800 5107,200 Other Contractual Services 80 Other Contractual Services Unrestricted funds Per 2026's Budget S1,500,000 50 51,500,000 Other Contractual Services Total Other Contractual Services $1,607,200 Description Appropriation Date and Resolution Number Awarded Expended Remaining Account Code 81 Sixth Street Miami Partners LLC Thursday. April 9, 2026 26-0035 53,500,000 50 53,500.000 Other Grants and Aids 82 National Church of God, Inc Thursday, April 9, 2026 26-0014 S627.551 SO 5627,551 Other Grants and Aids 83 St. John Mhtutional Missionary Baptist Church, Inc Thursday, April 9, 2026 S1.092,600 SO 51,092,600 Other Grants and Aids 84 Smoothie Gins 4 FL LLC Thursday, Apnl 9, 2026 26-0015 5310,000 50 5310,000 Other Grants and Aids 85 Aciotonal Funds Needed Parking Garage (Bond Pro(ect). Estimated Project Cost 520M Funds designated 55,000,000 SO 55,000,000 Other Grants and Aids 66 Additional Funds Needed Agency's Affordable Housing (Bond Pro(ect). Estimated Project Cost 517M Funds designated S8,2 t 9,082 SO 58,279,082 Other Grants and Aids Total Reimbursement TRI RAIL - Bond Series 2025 $17,528,049 $18,809,233 87 Available funds for the development of Affordable Housing and Reiated 2025's Available funds for the development of Affordable Housing and Related Infrastructure at or below 60% AMI within the SEOPW CRA's redevelopment area. Thursday, March 14, 2024 R-24-0109 S6,640,166 56,840,166 Reserve -for the Development of Affordable Housing 88 Available funds for the development of Affordable Housing and Related 2026's Available funds for the development of Affordable Housing and Related Infrastructure at orbelow 60% AMI within the SEOPW CRA's redeveloprnent area. Thursday, March 14, 2024 R-24-0109 57,200,000 50 57,200,000 Reserve -for the De'oprventot Affordable Housing Reserve for the Development of Affordable Housing at 60% AMI $14,040,166 89 2026s Administrative Budget S6,709.741 56,709,741 SO 90 Reserve for Maintenance of the Agency's Owned Rental Properties 52,000,000 5575,635 51,424,355 2026s Fund Balance to carryover to fiscal year 2026-2027. 913012026 $202,802,670 9123,185,282 $79,617,389 Cash Balance-SPeclai Revenue Fur,d ',P Bond Proceeds - Regions Bank 91 Hoij_i Trust Gi_i)L2.1 (Rainbow Village II - new construction of not less than 310 Tuesday, April 15, 2025 24-0067 515,000,000 SO 515,000,000 Reserve for Capital Projects ID be financed with 160 Bond I5su009e Series 2025 __'sing units of affordable/workforce housing units. This is the first phase of a larger publioprivete partnership between Housing Trust Group and the Miami -Dade County Public Housing and Community Development Department to redevelop the Rainbow Village and Gwen Cherry 23C public housing communities. This project is located at 2000 NW 3`d Avenue, This project comprises 310 5175,521,826, The total grant from the agency to this project will not be greater than 915,000,000. 92 Housing Trust Gr_Lo_u_p and 6.1.1e1 Affordable Housing. Inc. C.Courtside Apartments! - Tuesday. April 15, 2025 24-0067 S3,000,000 SO 53,000,000 Reserve for Capital with the Bond Issuance Series 2025 of a larger public -private partnership between Housing Trust Group, AM Affordable Housing, tno, and Miami Dade County to redevelop the Colmar Neighborhood Service Center Site. This project will consist of 120 units for families earning at or below 70% Area Median Income. The total estimated project cost is 555,563,555. The total grant from the Agency 10 this project will not be greater than 53,000,000. Description Appropriation Date and Resolution Number Awarded Expended Remain!no Acc®uni- Code 93 Block 45 LLC 'Atlantic Station" - Atlantic Station will be an iconic landmark at Government Center and the Historic residences and amenities to of 616 apartment homes, of which 360 to 140% AMI) and 256 are market -rate is 5270,868,828, The total grant from the than 610,000,000. Tuesday, April 15, 2025 24.0067 S10,000,000 510,000,000 S0 Reserve for Capital Projects to be financed with the Bond Issuance Series 2025 the crossroads of Downtown Miami's Ovenown neighborhood, providing luxurious Miami's workforce. This project consists units are workforce housing units (up units. The total estimated project cost agency to this project will not be greater 94 Atlantic Pacific Communities LLC "Culmer— Redevelopment of Culmer Place Tuesday, Apnl 15, 2025 24-0067 510,000,000 510,000,000 Reserve for Capital Projects to be financed with the Bond Issuance Series 2025 and Culmer Gardens comprise over 20 acres in the heart of Overtown. Redeveloping these obsolete 1970s-era public housing sites into safe, sustainable, attainable homes will dramatically change the face of the neighborhood. This project comprises 779 mixed -income units andlor 599 affordable units. The total estimated project cost is S76,522,639. The total grant from the Agency to this project wilt not be greater than 510,000,000. 95 Affordable Housing Project located at 1141 !_YW 3' Ave, 242 NW 12" a 234 A mixed -income, mixed -use development community residents with affordability the AMI. The total estimated project cost is Agency to this project will not be greater Tuesday, April 15, 2025 24-0067 25-0052 515,000,000 S0 515.000,000 Reserve for Capital Projects to be financed with the Bond Issuance Series 2025 NW 12`" St and 224 NW f2"' at. - designed to create housing for existing levels in the range of 60 % to 120% of 576,778,357. The total grant from the than 515,000,000. 96 'Mamma Hattie's House a grant to Girl Power Rocks, Inc. a not -for -profit to Hattie's House, which is a five -story mixed -lours to Include retail, support for start- base for females ages 11- 21 who will neglected, abused, transltioning from females enrolled in Girl Power Rocks, Inc. Agency to this project wiry not exceed Tuesday, April 15, 2025 24-0067 SS 000,000 S0 55,000,000 Reserve for Capital Projects to be financed with the Bond Issuance Series 2025 , support the development of Mamma use -facility that will operate twenty -four up businesses, as a permanent home soon age out of foster care, homelessness, exiting detention, and programs. The total grant from the 55,000,000. 97 Agency's Affordable Housing - A new affordable housing development to be owned by the Agency. Funding for for the construction, in the amount of Tuesday, April 15, 2025 24-0067 510,000,000 S0 510,000,000 Reserve for Capital Projects to be financed with the Bond Issuance Series 2025 consisting of a 5-story 24-unit building this project wilt be used directly approximate y S15,000,000 of bond proceeds. 98 Agency's Parking Garage — A public parking garage to be owned by the 300 parking spaces. Funding in the amount of approximately Tuesday, April 15, 2025 ' 24-0067 515,000,000 SO 515,000,000 Reserve for Capital Projects to be financed with the Bond Issuance Series 2025 Agency, consisting of 5 stories and approximately for this project will be used for the construction, 515,000,000 of bond proceeds. 99 Agency Improvements to L 9 e Street Pedestrian Mall — A new walkway In the Tuesday, April 15, 2025 24-0067 S24,471.951 SO S24,471,951 Reserve for Capital Projects to be financed with the Bond Issuance Series 2025 heart of the Agency's district located at the N.W. 9'" Street Pedestrian Mall. 100 Museum and Preservation of Art - Retrofit of a County -owned building (formerly use as a museum and the preservation of not exceed S25,000,000. Tuesday, April 15, 2025 24-0067 S25,000,000 50 S25,000,000. Reserve for Capital Projects to be financed with the Bond Issuance Series 2025 the Women's Detention Center) for art. The total grant for this project will 101 Grant ig South Florida Transportation Authority - The Agency will be reimbursed Tuesday, April 15, 2025 24-0067 S17,528,049 517,526,049 SO Reserve for Capital Projects to be financed with the Bond Issuance Series 2025 the amount of S17,528,049 through the bond issuance series 2025. Previously, the Agency used TIF revenues to honor thls obligation entered into in an mteriocal agreement, effective November B, 2016 (the 'SFRTA Interlocal Agreement"), with the City and the South Florida Regional Transportation Agency.(Extension of the Td-Rail passenger railway service to downtown Miami located within the Agency's district. Tri-rail Downtown Link service has been completed and operational since January 2024). Total Bond Outlay $150,000,000 $27,528,049 $122,471,951 102 Available Non TIF Revenue Funds $6,412,945 Unrestricted Funds Description Appropriation Date and Resolution Number Awarded Expended Remainino Account Code ,.._,_ ..:,-„,-,:,!.::::,-,tv,4,*,.liziy„-.7...T.,k, T-17.5-f---4,7e: W.-,•:-.',5',.,-;';-'. 7-, 3',,-,-,t,,--'- --','----;;i,,,,T&_1;‘„,,,,,:-.-- .,..:H.,--,,,„9.-:;;;.7?-if: ,,:„."--,-,,,-,-zu3_,:.=,,--r7--,--,,7,7 w,,,m;-:%,,,:-:, 7, - Other Non TIF - Operating Checking Accounts 103 OPAC - Regions Bank $136,920 Unrestncted Funds 104 ST. John's CRA $172,080 Unrestricted Funds 1°5 Twin Homes and Black Police Precinct $148,674 Unrestricted Funds 103 Town Park CRA Condo $21,985 Unrestncted Funds 107 155 NW 10th St $273,941 Unrestricted Funds 100 SE Overtown Operating "Shopping Center" $269,564 Unrestricted Funds $1,023064 Total -Other Checking Accounts Relating to the Owned CRA's properties.