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Committee informed of city commission decision to forgive some single‑family rehab loans upon borrower death

City of Miami Housing Commercial Loan Committee · October 29, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee was notified that the City Commission adopted a resolution authorizing forgiveness of certain single‑family rehabilitation loans upon the borrower's death; staff said it will report instances to the committee.

The Housing Commercial Loan Committee was informed Oct. 29 that the City Commission adopted changes to the City's single‑family rehabilitation loan program allowing loan satisfaction (forgiveness) upon the death of the borrower.

Dina Roscoe, senior assistant city attorney, explained the practical effect using a recently affected case:…

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