OMNI Community Redevelopment Agency Meeting Agenda 2026-06-11
CRA Loan Forgiveness Approved for 16 Corner Property Owner LLC
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Description
The OMNI Community Redevelopment Agency approved forgiving all remaining sums due on the 2018 acquisition CRA loan for 16 Corner Property Owner, LLC. The rent regulatory and covenant agreement will remain in effect for the project's affordability period.
Contract Details
Vendor
16 CORNER PROPERTY OWNER LLC
Agency
City of Miami, FL
Contract Type
FINANCIAL_SERVICES
Document Date
June 11, 2026
Contract Term
Affordability period as per original agreement
Renewal Info
Covenant and rent regulatory agreement will continue until the end of the agreed affordability period.
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