Broward County Commission Regular Meeting
Director's Name: Leonard Vialpando
Department: Resilient Environment Division: Housing Finance Division
Information
Requested Action
title
A. MOTION TO APPROVE Evaluation Committee final ranking of applications for the Affordable Housing Development of 1201 NW 31st Avenue, Pompano Beach, Florida, Request For Applications ("RFA") for gap financing; authorizing the County Administrator to negotiate and execute all agreements with the highest ranked applicant subject to approval as to legal sufficiency by the Office of the County Attorney, and to take the necessary administrative and budgetary actions.
(Per the Tuesday Agenda Memorandum, the Board's consideration is based on the item as amended by the Additional Material, including the amended motion statement and Exhibit 4, submitted by Resilient Environment Department.)
ACTION: (T-11:03 AM) Approved as amended with Regular Meeting Additional Material, dated December 10, 2024, submitted at the request of Resilient Environment Department.
VOTE: 8-0. Vice-Mayor Bogen was inaudible during the vote.
B. MOTION TO ADOPT budget Resolution in the amount of $7,000,000 for gap financing from the Affordable Housing Trust Fund ("AHTF") for RUDG, LLC for the Cross Creek mixed-use multifamily affordable housing development consisting of 467 total units, including 440 income restricted affordable units; authorizing the County administrator to negotiate and execute all agreements related to gap financing for the project; subject to approval as to legal sufficiency by the Office of the County Attorney, and to take the necessary administrative and budgetary actions.
(Per the Tuesday Agenda Memorandum, the Board's consideration is based on the item as amended by the Additional Material, including the amended motion statement and Exhibit 4, submitted by Resilient Environment Department.)
ACTION: (T-11:03 AM) Approved Resolution No. 2024-528 as amended with Regular M...
Click here for full text