Hollywood CRA approves CRA contribution to 394‑unit JAX workforce housing project; other routine items pass unanimously

The Hollywood Community Redevelopment Agency voted unanimously on July 7 to commit approximately $2,000,000 in CRA funds toward a 394‑unit mixed‑income housing development called the JAX at 400 South Dixie Highway, part of a $6,014,205 city investment intended to close a financing gap for the project.

The housing and community development director, Ryan Coote, told the board the full project is estimated at about $122,000,000 and that the city’s $6,014,205 contribution represents roughly 4.8% of the total cost. Coote said the CRA’s share of the request is just over $2,000,000, with the remaining $4,000,000 proposed from an ILA gap‑financing commitment spread over multiple fiscal years.

The developer, Kimisa Colin of Affiliated Development, described the JAX as a mixed‑income transit‑oriented project with 394 units, proposing that 50% of the units be designated as workforce housing. Colin said the workforce set‑aside will be split into two tiers: half reserved for households earning up to 100% of area median income (AMI) and the other half reserved for households earning up to 120% AMI. Colin also said the developer is not requesting city impact fee waivers and proposes a “first look” leasing program to offer early access to veterans, first responders, city employees and other local priority groups.

Board members pressed for specifics during the Q&A. Board member Gruber sought clarification about the AMI tiers; staff and the developer confirmed the two‑tier structure with rents based on a 120% AMI formula for rent calculations but with set‑aside designations at 100% and 120% for eligibility. Coote described the city’s return analysis as conservative, showing estimated new tax revenues of roughly $18,000,000 to $25,000,000 over 30 years; he said the city could begin recouping its investment within nine years under the analysis presented.

Several members asked that design commitments discussed during the presentation — including incorporation of public art and garage screening — be preserved when the project goes to planning‑board design review. Commissioner Hernandez voiced support for the funding but urged staff to ensure future projects strike a balance between new development and the needs of existing downtown residents and businesses.

A motion to approve the CRA funding commitment was made, seconded and carried unanimously. The board’s action authorizes CRA officials to execute the funding commitment and related documents to implement the project. The executive director and staff will present the project to the Planning Board for final design review and any conditions agreed by the board.

Votes at a glance - Consent agenda (minutes, items 5–7): approved unanimously. - Item 8 — Resolution to renew Circuit Transit microtransit services (estimated annual total cost $1,490,000; CRA portion referenced at $488,000): approved unanimously. - Item 9 — Amendment to extend Ocean Rescue Alliance contract by 365 days from 08/29/2026: approved unanimously. - Item 10 — CRA funding commitment to Dixie Hollywood Apartments LLC / the JAX (CRA ~ $2,014,000; city ILA $4,000,000; total city ask $6,014,205): approved unanimously.

What happens next Staff will carry forward the terms discussed today into the formal funding commitment documents and will present the project for planning‑board design review where the board’s design and public art comments can be formalized. The developer and staff said they will continue working with CRA planning staff on resident‑preference mechanisms and on integrating artistic elements into the building’s design.

Sources: CRA meeting public presentation and motions on July 7, 2026. All monetary figures and AMI tiers are drawn from the board presentation and developer remarks at that meeting and are stated as presented to the board.