Rehabbed foreclosures in Miami’s Overtown add to limited stock for low-income renters

The historic buildings date to the 1950s, when Overtown was known as the South's Harlem

TRD MIAMI /
Jun.June 11, 2013 02:00 PM

Two apartment buildings fully rehabilitated with federal government dollars have opened in Miami’s Overtown, adding to the architectural heritage of the historically black neighborhood as well as to Miami-Dade County’s much sought-after affordable housing inventory, the Miami Herald reported.

Built in the 1950s style of Masonry Vernacular, St. John Village, 1410 NW First Place and 1731-41 NW First Court,  two-story structures with jointly 34 one- and two-bedroom apartments, was developed by St. John Community Development Corp., the developer arm of a Baptist congregation with more than a century’s roots in Overtown.

Many of the apartment buildings in Overtown, built by black pioneers who labored on Miami’s ill-fated railway, followed a similar building style.

St. John CDC gave the previously foreclosed properties a new coat of pastel paint, new landscaping and a fence, the Herald said.

The units are intended for renters earning less then half the local median income, or about $32,700 for a family of four, according to the newspaper.

The two buildings are part of a group of foreclosed properties to receive some of the $89 million in funding awarded from the U.S. Department of Housing and Urban Development in the second phase of the Neighborhood Stabilization Program. [Miami Herald]Emily Schmall


Related Articles

arrow_forward_ios
Kelly Kite and 690 Northwest 13th Street (Google Maps)

More multifamily may be coming to Overtown

More multifamily may be coming to Overtown
249 Northwest 6th Street and Michael Swerdlow (Google Maps, Swerdlow Group)

Developers buy land, score $25M loan for Target-anchored mixed-use project in Overtown

Developers buy land, score $25M loan for Target-anchored mixed-use project in Overtown
1327 Northwest Third Avenue with Burke Construction CEO Anthony Burke and Boston Capital CEO Jack Manning (Google Maps)

Overtown affordable housing complex delays lead to legal battle

Overtown affordable housing complex delays lead to legal battle
(iStock)

Bargain shopping: Here’s where resi prices fell the most in Miami in Q2

Bargain shopping: Here’s where resi prices fell the most in Miami in Q2
Mayor Carlos Gimenez (Credit: Joe Raedle/Getty Images)

Miami-Dade approves $10M emergency rent relief program

Miami-Dade approves $10M emergency rent relief program
Vacation rentals, gyms, fitness studios get the green light to resume operations in Miami-Dade

Short-term rentals, gyms, fitness studios can operate again in Miami-Dade

Short-term rentals, gyms, fitness studios can operate again in Miami-Dade
Rendering of Belmont Village Coral Gables and Baptist Health South Florida CEO Brian L. Keeley

Baptist, Belmont gain approval for luxury senior living in Coral Gables

Baptist, Belmont gain approval for luxury senior living in Coral Gables
9885 Palomino Drive (Credit: Google Maps)

Resort Lifestyle Communities scores $36M construction loan for Lake Worth senior housing project

Resort Lifestyle Communities scores $36M construction loan for Lake Worth senior housing project
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...