Tuesday, December 01, 2015

Why are rich Multi Millionaires always looking for public hand-outs? Maybe because that is how they got to be Multi Millionaires. By Geniusofdespair

HUDSTEAD (OF COURSE):


Now Wayne Rosen wants $3 Million of public money from Homestead. In 2014 Wayne Rosen tried to get a $5 million dollar grant for his Palmetto Bay Charter School Complex. 

Wayne Rosen, flush with money and one of our largest Miami Dade County campaign donors ($65,000 to Lynda Bell), is NOW asking for a $3 Million dollar public money handout. He is promising 85 jobs at his golf course. Don't think so, but if it the jobs do pan out, he will stop paying them pretty soon by laying them off, I imagine. This just doesn't seem like an economic boom since the golf course was already there for years and the workers were already working to maintain the golf course in a manner unfit for most golfers.
"The Section 108 loan guarantee program allows local governments to transform a small portion of their CDBG funds into federally guaranteed loans large enough to pursue physical and economic revitalization projects capable of renewing entire neighborhoods." 
 So he wants the City to get a loan guaranteed by HUD to pay for a golf course he promised a community when he sold his subdivision properties to all those unsuspecting rubes in Hudstead. And the loan will come from a fund  that was to be used for economic revitalization projects. A Golf Course? Really? What is that going to revitalize? The money is supposed to go to distressed areas: Keys Gate? Thinking not what HUD had in mind.

Perhaps the city of Homestead and Wayne Rosen should get this HUD toolkit and read it:
CDBG Economic Development Toolkit 
This Toolkit provides guidance on the effective use of CDBG funds for financing eligible economic development projects, including microenterprise and small business development, large-scale commercial and industrial development, and job creation, job retention, and job training activities. The Toolkit discusses the basics of financial underwriting and application of HUD’s public benefit standards as well as a variety of economic development financing methods.
 I can see he is going for "Job Creation" but that is such a stretch I am sure his body will ricochet all the way back to Miami Beach where he belongs. Leave Hudstead alone Wayne! And stop asking for public dollars from politicians you have givens tens of thousands of dollars to through PACS and ECOS.

UPDATE: AT THE MEETING: Rosen is now asking for $3.5 million.

Rosen's home is worth more than this loan, as if that wasn't enough, the people of Homestead pay him $490,000 annually as part of the '93 Settlement Agreement.

Looks like Wayne Rosen needs public dollars....NOT!

20 comments:

Anonymous said...

An engine of private wealth creation and public commons destruction.

Anonymous said...

Another disgusting example of the failure of many governments to use its funding for all the wrong reasons. Lets hope shining light on this will let it die quickly.

Anonymous said...

Hud should take back its money.

Anonymous said...

This scheme is an attempt by the city council to shut up golf course residents who would be on the hook for actually paying for where they live after the now proposed HUD funded renovations.

Anonymous said...

There was a proposal for an increased assessment. Land developer Rosen and restaurant developer Gleber decided to screw over all of Homestead by taking five years of HUD funds coming to Homestead intended for the poor. A classic case of the rich getting richer. Wayne Rosen owns Homestead, the council and city manager practically bow before him.

Anonymous said...

Is it any wonder why Rosen funded so many campaigns? He is in effect funding himself.

Anonymous said...

Rosen litigated with Homestead over the 1993 agreement cash.
Rosen litigated with Jon Hage and Charter Schools USA over his cut.
Rosen is currently litigating with Paige Latterner.

Hey HOMESTEAD, he is not a good partner!!! Remember his deposition?

Anonymous said...

This is really some creative venture devised by opportunists. HUD money intended for revitalization of poor neighborhoods goes to a golf course community developer where a proposed and quite possibly fictional minority part time low wage workforce serve as the key to the vault. Is Wayne Rosen the new Ernesto Perez? Is HUD the new Pell grant resource? Is Keys Gate Clubhouse the new educational campus?

Anonymous said...

Hurry up and finish Golf Course so my home value will ski rocket and I can sell and leave this shit hole.

Anonymous said...

Sounds like another Homestead Holiday Makeover is in the works.

Anonymous said...

I hope the values go up to, it will be great to see you leave the neighborhood. We'll have a celebration party once you and a few others are gone.

Anonymous said...

If the council does request HUD funding for Rosen all council members elected in 2013 should be recalled at once. For those keeping score that would be Maldonado Williams Shelley. Then next year at this time recall Porter Roth Burgess Fairclough. That is how Homestead can fight back against a control freak.
It's disgusting.

Anonymous said...

Doesn't the city have to pay back the money if Rosen doesn't produce the 80 jobs? Is that true. This is a very expensive way to get those jobs and the outcome is a rich ( by Homestead standards) community gets an amenity they were promised to begin with.

Will said...

Does this mean that ALL golf courses should get HUD money because they hire unskilled workers? This hiring is not in a depressed area of Homestead. 80 workers. I don't know about that number.

Anonymous said...

They never had 80 golfers let alone workers.
Since Wayne is a member at Ocean Reef perhaps Homestead can annex that ritzy spot and put it under the CRA umbrella. Then Keys Gate can have a sister course. Just imagine the panic when the 1% are invaded by the beer drinking and frog gigging Homestead elites.

Joe The Battle Planner said...

Wayne is threatening the council with building low income housing if he does not get the HUD cash. According to the DRI documents 150 acres are set aside for the golf course. There is no ambiguity. He is not allowed to build houses on the golf course.
The scare tactic of threatening to build housing is the same tactic he used when his Town Center was challenged on Kingman. They tried to threaten the community with big box stores, slaughterhouses and smelting plants. Wayne Rosen is an extortionist. The local rubes in the Fairways and the South of Palm Drive Association calling themselves SOPA need to wake up, this game has been played before and he does lose. Does he have the council on his side? Of course, without him they do not exist. The city council must enforce the DRI without HUD money. Go to this upcoming Tuesday meeting and make the council hold his feet to the fire. The golf course should never have been closed. He has owned it more than a year and has done nothing except mow when ordered to by Code Enforcement. Having Pat Gleber as his representative with the delegates is a huge conflict of interest that nobody seems to mind. Stand up to these bullies who are only concerned with making money. By the way, the council will use HUD to stop the complaints of the KGRA, they now have the KGRA wrapped around their finger and come off as the organizers of a win-win. Before you buy into that, why did the previous course owner fail? Simple nobody came. Taylor Smith another Rosen representative comes from the failed Raintree Golf Course in Broward. He is a builder, Wayne is a builder. The Keys Gate Golf Course is being set up to fail so the DRI can be changed and they can build and everyone can say we tried we brought in golf course designer James Fazio, we hired the best trained workers.

Wayne and his team are operating three to five years down the line expecting to fail, so they realize their goal changing the DRI restrictions of having a 150 acre golf course.

Developer building 105 homes at former Raintree Golf & Country Club
March 14, 2014|By Paul Owers, Sun Sentinel. For the record Raintree is getting 105 homes on just 33 acres. Fairways and SOPA you will get five, six, seven or maybe ten times that number of new neighbors in five years.

Jose.Cintron@hud.gov is the local contact for HUD.

Stop being used as pawns by the council who are pawns of developers.

Anonymous said...

South of palm avenue is SOPA it is not an association. the town center would of brought added value to keys gate. The golf course was a write off for the prior owner who hired poor management and made many foolish partnerships. I am all for protection of the green space and this is what the agreement would be if they got the loan.

Geniusofdespair said...

HUD money is not about protecting greenspace it for helping the disadvantaged get housing and the money to pay for it.

Anonymous said...

What happened to the covenant that there has to be a golf course on 150 acres? Now he is proposing to build homes if he doesn't get the HUD money?

Anonymous said...

Look at the land now. It can be turned into apartments and houses without changing the covenant.