LSGMI’s Consortium Project, led by Shahrzad Emami, second runner-up for the Florida Bar Foundation’s 2014 Steven M. Goldstein Award for Excellence Program
LSGMI will receive an award of $5,000 plus a $1,000 training scholarship. Shahrzad Emami is the Consortium Project Director.
The Consortium is a collaboration of six local community based nonprofit developer corporations that are long-time clients of LSGMI. In 2010, the Consortium was awarded $89 million by HUD under the federal NSP2 Program to be used in stabilizing distressed neighborhoods through the acquisition and rehabilitation of foreclosed upon and vacant properties for use as affordable housing.
Over a three-year period, LSGMI dedicated approximately 3,000 hours of legal assistance to the Consortium: consulting on the grant application, formulating and implementing organizational structures for the grant delivery, drafting relevant documentation to ensure HUD compliance, advising the members of the Consortium on pertinent federal regulations, and providing transactional legal assistance to the individual nonprofit Consortium members. The result was approximately 1500 units of affordable housing either preserved or created in Miami-Dade County during the NSP2 grant period.