Developer to bring 113 units of affordable housing to Cutler Bay by summer 2024
Miami Herald Story
A nonprofit developer broke ground Wednesday for a $52.7 million affordable housing development that will bring 113 units to Cutler Bay.
Meridian Point at Goulds Station will be the first development that Preservation of Affordable Housing (POAH) is building in Florida. POAH has owned and operated 1,477 apartments.
Miami-Dade County Mayor Daniella Levine Cava attended the groundbreaking and spoke about POAH’s plans to provide new affordable housing in Miami-Dade County. POAH also owns nearby Cutler Manor, an aging development in Cutler Bay that it will be renovating.
“This could not come at a better time,” she said. “We all know that people are struggling to afford the rent. They can’t find housing. Their income is going more than 50% to housing. This will also help the folks at Cutler Manor. This will be built specifically for those that need that help.”
Meridian Point represents the first phase of POAH’s development in South Florida. Cutler Manor residents will move into Meridian Point so that Cutler Manor can be renovated into new affordable housing units.