Miami planners propose Resilience Trust Fund pilot in Edgewater to pay for flood and heat projects in exchange for density

Planning Department staff presented an ordinance establishing a Resilience Trust Fund intended to generate money from developers who seek increased density in high‑demand transects and use those funds for infrastructure that reduces flooding, storm surge or urban heat island effects. Catherine Engleton told the committee the ordinance amends Chapter 62 and Miami 21 to allow properties in qualifying transects (T4, T5, T6) and certain storm‑surge planning zones to purchase bonus units and direct contributions into the new trust.

Staff said eligible uses include pump stations, raised roadways, seawalls, bioswales, living shorelines, native shade tree plantings, green roofs, permeable pavements, rain gardens, parks and other resilience infrastructure. The pilot is limited to two fund areas (mainly Edgewater and a…