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CRA approves Broward College extension and increases Aldridge/Larimore development incentives
Summary
At its post-commission session the Community Redevelopment Agency voted to extend a Broward College quality-of-life grant schedule and to increase forgivable loan funds to $9 million for two mixed-income developments (Aldridge and Larimore). Both actions passed on roll-call votes.
The Fort Lauderdale Community Redevelopment Agency (CRA) on Wednesday approved two resolutions by roll call: an extension of a Broward College quality-of-life grant tied to build-out and scholarship timing, and an increase in development incentive funds to support the Aldridge and Larimore mixed-use affordable housing projects.
The CRA approved a first amendment extending the period for Broward College to complete improvements at the college’s YMCA community center and to distribute scholarship funds to residents of the…
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