MOTION TO APPROVE Funding Agreement between Broward County and 1055 N Federal, LLC (“Owner”), providing funding to Owner in the total aggregate amount not to exceed $5,450,000 to facilitate the development of a minimum of 365 mixed-income dwelling units in the City of Fort Lauderdale (“Agreement”); to authorize the County Administrator to execute the Agreement; and to authorize the County Administrator to take all necessary administrative and budgetary actions to implement same. (Commission District 4)

What this record is

Amount

$5.45M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

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Read automatically from the title of the official record. The source document below is authoritative.

Committee

Public Works and Environmental Services - Housing Finance Authority

Requested by

Resilient Environment - Housing Finance Division

Introduced

November 27, 2024

On agenda

January 28, 2025

Passed

January 28, 2025

Where it was heard

County Commission Jan 28, 2025

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