HFA CLAUDE PEPPER PHASE II

Board of County Commissioners · 2026-07-21 · resolution

Miami-Dade County Commission adopted a resolution approving the issuance of multifamily housing revenue debt obligations not to exceed $100,000,000 by the Housing Finance Authority of Miami-Dade County. The proceeds will be loaned to Redwood CP Holdings II, LLC, to finance a portion of the costs for the development of a multifamily housing rental project known as Claude Pepper – Phase II. The project is located on approximately 5.2 acres and will provide approximately 255 units of rental housing for low, moderate, or middle-income persons or families. The resolution was adopted on July 21, 2026. A public hearing was held on June 17, 2026, and disclosed no reason why the debt should not be issued. Commissioner Marleine Bastien is listed as the prime sponsor. The Bonds are expected to be issued by October of 2026.