Letter to Herald Editor explains significance of Miami-Dade's NSP2 funding
A November 13, 2010, Letter to the Editor in the Miami Herald, written by Annie Lord, executive director of the South Florida Community Development Coalition, highlights the far reaching community development potential of the $89 million NSP2 funding in which the OLCDC shares.
OLCDC wins $800,000 federal grant to fund new business
The OLCDC has received an award of $800,000 to capitalize a new construction and maintenance business, Jamii Builders, LLC, which will create 45 new jobs, 91% of which will be new full time permanent jobs for low income people. The grant is being made by the Office of Community Services, U.S Department of Health and Human Services.
Miami Herald highlights the OLCDC's Magnolia North project
An October 6, 2010, Miami Herald article entitled "Miami's crime-plagued neighborhoods resolute in security effort" highlights the new neighborhood that will replace the old Opa-locka "Triangle" once the OLCDC completes its $7 million dollar rehab of 70-plus Magnolia North units.
OLCDC announces open enrollment for the NSP Homebuyer Assistance Program. Apply now!
The OLCDC, through the Housing and Economic Recovery Act of 2008, announces its open enrollment for the NSP (Neighborhood Stabilization Program) Homebuyer Assistance Program.
Through its membership in the South Florida NSP2 Consortium, the OLCDC has been allocated $20 million to acquire and rehabilitate affordable housing units throughout Miami-Dade County. With these funds, the OLCDC will purchase, renovate and resell homes and provide financial subsidy to qualified low to moderate income homebuyers.
Qualified applicants must be U.S. citizens or permanent residents whose income does not exceed 120% of the Area's Median Income for their family size, as determined by USHUD. Qualified applicants must be preapproved by a first mortgage lender and must have completed the homebuyer education workshop prior to being approved.
You may click here to apply online, click the link below to download an application, or pick up an application at 490 Opa-locka Blvd., Suite 20, Opa-locka, FL 33054. Applications may be submitted during the open enrollment period beginning Monday, September 20, 2010.
Completed applications must be submitted online or by mail to Opa-locka Community Development Corporation, 490 Opa-locka Blvd., Suite 20, Opa-locka, FL 33054 Attn: NSP Homebuyer Assistance Program.