Land Acquisition & Disposition Program - Affordable Housing
The CRA struggles with significant affordable housing related challenges. Vacant properties create safety and public image challenges for the CRA’s neighborhoods. The CRA recognizes the value of homeownership in creating and promoting neighborhood stability. In order to maintain and continue to improve the CRA’s rate of home ownership, a priority has been placed on addressing the housing needs related to owner-occupied housing.
The City of Dania Beach and the CRA own a number of parcels within the CRA that are not being used for municipal purposes. Such properties often contribute to neighborhood blight, attract crime, present a fire hazard, and contribute to declining property values. The Acquisition & Disposition program is a suburban infill program designed to address the problem of neighborhood blight by revitalizing underutilized residential properties in the CRA. Based on the CRA Plan policy guidelines, the CRA shall actively pursue the purchase and/or redevelopment of vacant or abandoned properties in the CRA area as a priority. CRA-owned properties are listed in the table below.
As part of the Acquisition & Disposition Program, the CRA is receptive to proposals for the development of low-income affordable housing (80% AMI) and/or workforce affordable housing (120% AMI) from experienced developers. For qualified affordable projects, the CRA may sell a land parcel below market value to assist with the affordability of the finished home. All CRA-owned property sales will be conducted in accordance with ss163, Part III. A Restrictive Covenant to protect the affordability mandate will be recorded for a period of thirty (30) years from the date of the property sale.
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For more information on these or future projects and developments in Dania Beach contact:
K. Michael Chen
Executive Director
Dania Beach Community Redevelopment Agency
954-924-6801 ext. 3732
Mchen@daniabeachfl.govMchen@daniabeachfl.gov
