MOTION TO APPROVE Local Government Area of Opportunity (“LGAO”) designation funding and gap financing to Garden Place Ltd., or its affiliate (“Boulevard Gardens”) for a senior affordable housing development (approximately 92 affordable units) located within the Broward Municipal Services District (“BMSD”) as follows: 1) Local Government Contribution for the LGAO designation in the amount of $640,000, and 2) gap financing in the amount of $2,360,000; authorizing the County Administrator to execute all agreements related to the project, subject to the foregoing monetary limits and approval as to legal sufficiency by the Office of the County Attorney; and authorizing the County Administrator to take the necessary administrative and budgetary actions. (Commission District 8)
What this record is
- Held by
- Garden Place Ltd
- Amount
- $640K
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
- Field
- Health & social
health & social contracts in FL that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Broward Municipal Services District
- Requested by
- Resilient Environment - Housing Finance Division
- Introduced
- May 14, 2024
- On agenda
- June 18, 2024
- Passed
- June 18, 2024
Where it was heard
County CommissionWatch what Broward County buys
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