CANDO OVERLAY ZONING INCENTIVE
The purpose of this overlay district is to provide land-use incentives to property owners, developers and commercial businesses to create affordable housing for cultural workers; to encourage arts-related businesses to locate within the district; and to create mandatory requirements for new construction and the rehabilitation of housing units, focusing on expanding cultural opportunities.
In the Cultural Arts Neighborhood District Overlay (CANDO)
Where allowed by the underlying zoning district regulations, 50% of mixed-use Floor Area Ratio (FAR) increases shall be set aside for affordable housing for cultural arts workers;
Existing units that are being rehabilitated, where the cost of construction would require compliance with the minimum 400 square foot unit size, and the 550 minimum average unit size, shall be exempt from meeting the average unit size requirement if 25% of the units are reserved for affordable housing for cultural arts workers;
New construction of mixed-use projects, where the underlying zoning regulations provide for an allowable increase in FAR, shall be exempt from meeting the average unit size of 800 square feet if 50% of such allowable FAR increase is reserved for affordable housing for cultural workers;
New construction of “Live-Work” projects in the CD-2 zoning district shall meet the residential parking requirements for zoning purposes if at least 25% of the “live-work” units are reserved for affordable housing units for cultural workers.
In order to qualify for these exceptions, the following mandatory criteria must be met:
At the time of development review, the property owner shall submit a statement of intent to construct affordable housing for cultural arts workers.
The owner of the property shall execute and record in the public records of Miami-Dade County a covenant running with the land restricting the use of property for affordable housing for cultural arts workers for a period of no less than 30 years, prior to the issuance of a building permit;
Should the property change use during the covenant period, the property shall comply with all applicable development regulations existing at the time of the proposed change;
If, after a two-year period, units set aside for cultural workers have not been rented or sold, they shall be reserved for other income-eligible population.