
$175M Bond Empowers Overtown’s Affordable Housing and Cultural Revival – Miami Times
Miami-Dade County has approved the issuance of up to $175 million in tax increment revenue bonds for the Southeast Overtown/Park West Community Redevelopment Agency. This capital will fund the construction and rehabilitation of affordable housing and other key improvements across the area, strengthening infrastructure and supporting community growth. (source: Miami Times)
Overtown, once a thriving cultural and commercial hub for Miami’s Black community, now has the opportunity to embrace a new chapter of inclusive development while honoring its deep historical roots.
At Nichols Architects, we had the privilege of working on a project approved in Overtown a couple years ago. Though later sold to a different group, the experience gave us the opportunity to collaborate with key players in the neighborhood and understand the community’s priorities firsthand. Today, we look forward to seeing new projects emerge from this bond initiative—ones that align with Overtown’s history, foster inclusivity, and create a stronger, more vibrant place for local residents and the city as a whole.
This new investment is a meaningful step toward ensuring that Overtown’s revitalization uplifts both place and people.