The ANAMAR

Miami, Florida

As the first Class A workforce housing project in Miami Beach, the CFC-Miami Beach Properties LLC project will greatly benefit the city on both a cultural and economic basis.

The housing offers residents the full suite of amenities at an affordable price point for families and individuals at 80% to up to 120% of the Area Median Income. The property offers studio, 1, and 2-bedroom units and features access to the Collins Park parking garage across the street, a fitness center, and of course, close proximity to Area Beaches. Free parking passes will be provided to new residents and free bike parking will be available to all residents, promoting the pedestrian nature of Miami Beach. By providing affordable housing specifically to artists and educators, the project ensures a continual source of talent for Miami Beach and ongoing support for education and the arts, which are so important to the fabric of the city.  

The city will benefit economically with an innovative P3 structure that not only allows the housing to be built at no cost to the city, and will pay the city approximately $300,000 in year 1, with annual increases. A non-profit will retain ownership only until the bonds are paid off, at which point, ownership of the building transfers to the City.