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Committee raises appraisal expenditure authority to speed affordable housing and property transactions
Summary
The Appropriations Committee approved an increase in expenditure authority for property appraisals to address a decades-old limit that has constrained county real estate activity and stalled locally planned affordable housing projects.
Miami-Dade County's Appropriations Committee approved a change to the county's appraisal expenditure authority (item 3m) intended to speed appraisals tied to affordable housing, property sales and county projects.
Commissioner Cohen Higgins described the current limit as set "25 years ago" and said it has left the county out of authority to pay appraisers for works necessary to advance contracts and projects. Assistant Director Alejandro Martinez Estevez of the county's Planning, Infrastructure and Operations…
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