Affordable Housing Public-Private Partnership

The social and financial impacts of adaptive reuse, including detailed project-level analyses of means and methods within an affordable housing public–private partnership, are examined in the Open Source: 16 Corner report. Presented primarily from the perspective of the developer and builder, the project is particularly significant for its contribution of real-time empirical data that is not otherwise readily available within the Miami development marketplace.

The development comprises 44 affordable rental units across five buildings in Miami’s Historic Overtown neighborhood. The project includes a diverse unit mix and occupies three contiguous parcels totaling 29,400 square feet, with 20,312 square feet of two-story building area. Located along NW 1st Place, the site forms a critical connective node between the Overtown and Omni Community Redevelopment Areas (CRAs). Published with full transparency, the accompanying report emphasizes informed decision-making, design strategies, and policy innovation to advance social resilience in affordable housing. It advocates for public–private partnerships as a mechanism for improving housing quality, residential health, and long-term financial stability. Notably, this project represents the first allocation of Tax Increment Financing (TIF) from the Omni CRA toward its affordable housing mandate. As a case study, its success was defined by key outcomes, including no resident displacement, no rent increases for existing tenants, comprehensive historic restoration and system upgrades, use of local labor, and sustained community engagement, demonstrating the potential of equitable, community-centered development.