HCLC Regular Meeting - Mar 25, 2026
Approves Lafayette Square Sale and Loan Assumption, unanimous
What happened
The Miami Housing Commercial Loan Committee approved consent to sale and assumption of affordable housing loans for three Little Haiti properties (Lafayette Square at 150 NE 79th St, Lafayette Plaza at 155 NE 78th St, and Emerald Terrace at 244 NW 72nd Terrace) being acquired by…
- Jurisdiction
- Miami, FL
- Governing body
- Final authority
- Date
- March 25, 2026
- Decisions
- 7 zoning decisions
- Outcome
- Approved, unanimous
Meeting Summary
The Miami Housing Commercial Loan Committee approved consent to sale and assumption of affordable housing loans for three Little Haiti properties (Lafayette Square at 150 NE 79th St, Lafayette Plaza at 155 NE 78th St, and Emerald Terrace at 244 NW 72nd Terrace) being acquired by…
Key Decisions (7)
Lafayette Square Sale and Loan Assumption
Lafayette Plaza Sale and Loan Assumption
Emerald Terrace Sale and Loan Assumption
Development Activity (7)
Lafayette Square
Residential
Lafayette Plaza
Residential
Emerald Terrace
Residential
Market Signals (5)
Housing Demand
Starwood Capital Group, described as the largest reported owner of…
Commercial Demand
Wynwood area south of 2901 NW 2nd Avenue described as…
Infrastructure
Construction cost inflation, labor shortages, supply chain issues, and higher…
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