INTRODUCTION
Miami-Dade County is accepting applications for the Special Economic Development (SPED) Program to be administered by HCD. This program will select projects and administer CDBG funding for SPED projects, as described in the CDBG regulations found at 24 Code of Federal Regulations, Part 570 (CDBG Regulations), specifically at 24 C.F.R. 570.203.
- For every $35,000 SPED Loan, the Applicant must create one (1) job.
- The minimum award is $70,000.00 (must create 2 jobs)
- The maximum award is $100,000.00 (must create 3 jobs).
This is an open and rolling application. Once HCD has determined that all funding has been encumbered, the application will close. Applications will only be made available online and may only be submitted online.
Applicants selected by HCD to participate in the SPED program will enter into CDBG funding agreements and loan documents with the County after receiving a satisfactory credit underwriting recommendation.
Questions pertaining to this application must be submitted via email to communitydevelopmentservices@miamidade.gov . Responses will be posted on the HCD website at https://www8.miamidade.gov/global/housing/requests.page
THE COMPLETE RFA CAN BE FOUND ONLINE AT: https://www.miamidade.gov/global/housing/requests.page
