Commissioner Proposes Financing Solutions for Undeveloped Properties in Florida

September 09, 2025 | Miami-Dade County, Florida


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Commissioner Proposes Financing Solutions for Undeveloped Properties in Florida
The Miami-Dade County Housing Committee meeting on September 9, 2025, focused on addressing challenges in local housing development and financing. A key discussion point was the difficulty in attracting private sector bids for smaller properties, which has hindered the county's ability to build affordable housing.

One committee member highlighted the ongoing struggle to secure bids for a property that had been put out for request for proposals (RFP) four times without success. The member emphasized that the county faces unique financing challenges compared to other counties in Florida, making it difficult to move forward with housing projects.

The proposal discussed involved utilizing the county's small home building initiatives to develop these smaller properties. This approach could potentially allow the county to access financing options, such as tax credits, to support the construction of affordable housing units. The member expressed optimism that this strategy could lead to the development of four or five new housing units, addressing the pressing need for affordable options in the community.

The meeting underscored the importance of finding innovative solutions to overcome barriers in housing development, particularly for smaller properties that are often overlooked by private developers. The committee's discussions reflect a commitment to enhancing housing availability and affordability in Miami-Dade County.

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