CRA Approves $995K Forgivable Loan for Housing Project

The OMNI Community Redevelopment Agency approved a forgivable loan grant of up to $995,000 to property owner Esteen Williams to redevelop and rehabilitate a ten-unit affordable housing project at 1731 NW 1st Place in Miami. Funds from the FY 2025-2026 CRA budget will be disbursed on a reimbursement basis and are tied to a 20-year rent restriction covenant.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $995,000.00

Contract type

OTHER

Contract term

Twenty (20) years rent restriction period; forgivable loan term not otherwise specified

Renewal

Grant structured as a forgivable loan with a 20-year rent restriction covenant recorded against the property; no explicit renewal options stated.

Document type

Minutes

Source document

OMNI Community Redevelopment Agency Marked Agenda 2026-07-23

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OMNI Community Redevelopment Agency Meeting Agenda 2026-07-23

PENDING

City of Miami, FloridaNot to exceed $995,000.00Jul 23, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Miami?

Williams, Esteen was awarded this government contract by City of Miami, as recorded on July 23, 2026. The contract value is Not to exceed $995,000.00.

How much is the Williams, Esteen contract with City of Miami worth?

The Williams, Esteen contract with City of Miami is valued at Not to exceed $995,000.00.

What type of contract is this?

This is a government contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in OMNI Community Redevelopment Agency Marked Agenda 2026-07-23 (Minutes), dated July 23, 2026 from City of Miami. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Williams, Esteen hold?

Williams, Esteen may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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