A. MOTION TO APPROVE Agreement between Broward County and The View at Central City Developer, LLC, Providing State Housing Initiatives Partnership Program Funding for Multifamily Rental Construction, retroactive to July 1, 2025, in substantially the form attached as Exhibit 1, and to authorize the County Administrator to execute same with any required modifications provided such modifications do not impose any additional cost or material risk to County, and subject to review as to legal sufficiency by the County Attorney’s Office. (Commission District 4) B. MOTION TO APPROVE Agreement between Broward County and Pinnacle at Cypress, LLLP, Providing State Housing Initiatives Partnership Program Funding for Multifamily Rental Construction, retroactive to July 1, 2025, in substantially the form attached as Exhibit 3, and to authorize the County Administrator to execute same with any required modifications provide such modifications do not impose any additional cost or material risk to County, and subject to review as to legal sufficiency by the County Attorney’s Office. (Commission District 4) — Exhibit 1 - View at Central City — County Commission (2026-05-12)
Broward County, Florida, Broward County, Florida
AI Summary
Broward County enters a SHIP loan agreement with a developer for "The View at Central City," a 100-unit affordable housing development in Fort Lauderdale. The County provides $115,000 in state SHIP financing (not county funds) secured by mortgage and promissory note. The contract runs from July 1, 2025 to June 30, 2028 with optional 1-year extension...
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