HCLC Regular Meeting, May 6, 2026
Approved: Residences at Carver Theater Affordable Housing Trust Fund Allocation, Majority approved with one opposed (Gaggino)
What happened
On May 6, 2026, Miami approved Residences at Carver Theater Affordable Housing Trust Fund Allocation.
The Housing Commercial Loan Committee approved $497,002 in additional HOME funds for River Place, a 9-unit affordable housing project at 1890 NW 19th Street that is shovel-ready with permits in hand.
- Jurisdiction
- Miami, FL
- Date
- May 6, 2026
- Decisions
- 6 zoning decisions
- Outcome
- Approved, Majority approved with one opposed (Gaggino)
Free sample: decision 1 of 6
River Place Additional HOME Funding
Approved $497,002 in additional HOME funds for JMR 1890 LLC's River Place project at 1890 NW 19th Street, a 9-unit affordable housing development targeting 30-60% AMI households. This supplements the $1,137,418 previously awarded in June 2025, bringing total city assistance to approximately $181,000 per unit. Developer waived entire developer fee.
- Project must begin construction immediately as permits have been in hand for over 1,000 days
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Key Decisions (6)
River Place Additional HOME Funding
Residences at Carver Theater Affordable Housing Trust Fund Allocation
HOME Fund Applications Continued to June
Little Haiti Gateway Affordability Forgiveness
View 29 Wynwood Unit Mix Modification
Gallery at Loomis Park ARPA Funding Reallocation
Full write-ups and conditions for all 6 decisions in Pro.
Development Activity (10)
River Place
Residential
Residences at Carver Theater
Mixed-Use
AquaMia
Residential
7 additional development records with full detail in Pro.
Market Signals (6)
Housing Demand
Edison Towers developer reported 100% occupancy and waiting lists at…
Infrastructure
Multiple developers cited construction cost escalation and tariff impacts as…
Sentiment
Committee expressed frustration with high per-unit costs for affordable housing,…
3 additional market signals with full detail in Pro.
Meeting audio
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Zoning terms (10)
58 recorded timestamps
- commercial (10 timestamps)
- motion to approve (3 timestamps)
- variance (1 timestamps)
- residential (6 timestamps)
- density (4 timestamps)
- approved (24 timestamps)
Decision moments (6)
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6 recorded decisions, 4 conditions across 4 decisions. Available full write-ups are included with Pro for Miami.
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