Miami-Dade County Housing Plans for North Park Involve RAD Conversion
- Reports
- 4
- Developments
- 2
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Miami-Dade County housing officials stated that demolition is not currently part of the plan for North Park, which is managed by the county. Instead, the county is considering using the Rental Assistance Demonstration program (RAD) to convert the public housing assistance from Section 9 to Section 8. Furthermore, affiliates of McCormack Baron, North Park’s current owner, are discussing selling their ownership interest to Smith & Henzy, who has expressed interest in renovating the existing apartments rather than demolishing them.
From miamitimesonline.com
Why it matters
The potential RAD conversion could bring additional funding into North Park to address significant maintenance needs. This process involves a change in public housing assistance structure and may lead to a transfer of ownership and management responsibilities.
From miamitimesonline.com
Who's involved
- Miami-Dade CountyCounty officials managing the housing located at North Park
- North ParkThe housing complex whose development is directed by Kyle Flood
- Kyle FloodDirector of the Development Division for Miami-Dade County Housing and Community Development
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- North ParkSpeculative
North Park could see increased investment in property renovations and maintenance costs.
- Miami-Dade CountySpeculative
Miami-Dade County might see changes in operational costs related to managing the housing redevelopment process.
How it developed
Newest first. Tap a step to see who reported it.Miami-Dade County is planning future development for North Park, led by residents' council president Jackie Walker.1 source
Kyle Flood directed development and county officials managed housing at North Park.1 source
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The entities involved
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Miami-Dade County
county in Florida, United States
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North Park
park in Peoria County, Illinois, United States of America
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Kyle Flood
College football coach
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