Acquisition of NW 7th Avenue and Terrace Properties
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Description
The HBCRA Board will consider purchasing several parcels on NW 7th Avenue and NW 7th Terrace from Broward Multifamily LLC for redevelopment into affordable housing, for a price not to exceed $7,492,000 plus closing costs. The Executive Director would be authorized to execute the commercial contract, addendum, and all necessary closing documents.
Contract Details
Contract Amount
Purchase price not to exceed $7,492,000 plus closing costs
Vendor
BROWARD MULTIFAMILY LLC
Agency
City of Hallandale Beach, FL
Contract Type
FACILITIES
Document Date
June 22, 2026
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