This appears to be an ongoing story coming in drips and drabs. I never knew how the bond money that you stupid voters approved was allocated (I never vote yes on bonds). This is a revelation to me that County Commissioners have so much control over the money and they have $137.7 million between them to spend on housing projects. Here is more on the Lynda Bell affordable housing project named after her mother in Cutler Bay (also see 2 posts yesterday):
|Found This Budget in Resolution 582-12 Cutler Bay Center. (when at link hit on clerk's official copy to see the whole 70 page agreement.)|
The maximum that a one bedroom apartments will rent for is $750 and the two bedroom will rent for $850.
I like the way they call it "elderly" housing in the resolution. I didn't know 55 years old was elderly. Let's be clear, I was only looking at Lynda's deal. The other County Commissioners are also doing similar things with bond money. I want to see how they all pick their developers.