MIAMI – President Joe Biden’s administration has awarded $40 million to a redevelopment project in Miami-Dade County’s Goulds community, officials announced on Tuesday.
Miami-Dade officials plan to use the U.S. Department of Housing and Urban Development funds at The Cutler Manor Apartments, a 218-unit assisted housing development built in 1971.
The apartment complex will be renovated and will go from 218 units to over 400 units.
“The overall redevelopment plan will actually include 445 new apartments -- they will all be sustainably designed,” Judy Degraaf, Vice President of the Preservation of Affordable Housing said.
The Preservation of Affordable Housing, a nonprofit organization based out of Boston, acquired the apartment complex, at 10875 SW 216th St., in 2008 to save it from bankruptcy.
Carrfour Supportive Housing, a nonprofit organization established by the Homeless Committee of the Greater Miami Chamber of Commerce in 1993 as an affordable housing developer, is also involved.
Miami-Dade County Mayor Daniella Levine Cava formally announced the new investment during a news conference Wednesday morning at the Karis Village, a $30 million affordable housing community in Goulds.
“No residents of Cutler Manor will be displaced,” Levine Cava promised.
Karis Village, located at 11885 SW 216th St., opened in 2018 with 88 units. Carrfour Supportive Housing and the Green Mills Group, a real estate developer based in Fort Lauderdale, co-developed it.
“Residents here are going to be able to help to navigate the affordability crisis, they are going to have good public transit,” Levine Cava said.