3 Questions about CRA Legislation

Florida Politics – Sixty Days for 3.4.19 March 4, 2019 Lawmakers are taking another stab at overhauling community redevelopment agencies (CRAs). Republican state Rep. Chip LaMarca, of Lighthouse Point, and Thonotosassa Republican state Sen. Tom Lee have filed legislation that would bring more accountability and transparency to CRAs, which target slum and blight at the local level. The Florida League…

Make your voice heard on HB 9

On Tuesday, March 5, the House Local, Federal and Veterans Affairs Subcommittee of the House State Affairs Committee (scheduled for 1 PM at the Capitol) will consider HB 9 (LaMarca). The way this bill is currently drafted, it would significantly limit the formation and continuation of Florida Community Redevelopment Agencies. Please email or call the…

Florida Community Loan Fund Addresses Housing in Orlando’s Parramore Neighborhood

Florida Community Loan Fund has joined forces with New Jersey Community Capital and Central Florida Foundation to address the needs for affordable rental housing in Orlando’s Parramore neighborhood. These 3 organizations invested $8 million to form the Parramore Asset Stabilization Fund (PASF) and have purchased 83 scattered-site residential units across 44 different properties. This unique…

Former Office Depot Site In Delray Sold, To Become Homes, Retail

DELRAY BEACH, FL (BocaNewsNow.com) (Press Release – verbatim – from Avison Young)— Avison Young Principal Keith O’Donnell completed three transactions totaling $33 million on behalf of Investors Warranty of America to sell a 42.7-acre property in Delray Beach, Florida. The site is the former Office Depot headquarters at S. Congress Avenue and Old Germantown Road. “Immediately after being awarded the listing,…