File #: 25-0008    Version: 1 Name:
Type: RESOLUTION Status: Agenda Ready
File created: 12/12/2024 In control: Community Redevelopment Agency
On agenda: 1/22/2025 Final action:
Title: Resolution Providing a $1,000,000 Increase in Development Incentive Program Forgivable Loan Funds for the Aldridge and the Laramore Mixed-Use Affordable Housing Developments, Located at 1204 Sistrunk Boulevard and 1619 Sistrunk Boulevard; Authorizing the Executive Director to Execute Any and All Related Instruments; and Delegating Authority to the Executive Director to Take Certain Actions - (Commission District 3)
Sponsors: COMMUNITY REDEVELOPMENT AGENCY BOARD
Attachments: 1. CRA Board Memo 25-0008, 2. Exhibit 1 – Request for Gap Financing, 3. Exhibit 2 – Updated Sources and Uses, 4. Exhibit 3 – Updated Proforma, 5. Exhibit 4 – Property Location Map, 6. Exhibit 5 – Broward County Property Appraiser Information, 7. Exhibit 6 – Resolution No 21-16, 8. Exhibit 7 – Resolution No 22-06, 9. Exhibit 8 – The Aldridge Project Plans and Illustrations, 10. Exhibit 9 – The Laramore Project Plans and Illustrations, 11. Exhibit 10 – December 10, 2024 NPF CRA Advisory Board Approved Minutes, 12. Exhibit 11 – Amendment to DIP Agreement, 13. Exhibit 12 – Resolution, 14. Exhibit 13 – Development Agreement
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Title

Resolution Providing a $1,000,000 Increase in Development Incentive Program Forgivable Loan Funds for the Aldridge and the Laramore Mixed-Use Affordable Housing Developments, Located at 1204 Sistrunk Boulevard and 1619 Sistrunk Boulevard; Authorizing the Executive Director to Execute Any and All Related Instruments; and Delegating Authority to the Executive Director to Take Certain Actions - (Commission District 3)