HFA CLAUDE PEPPER PHASE II

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

Resolution R-664-26, adopted by the Miami-Dade County Commission on 7/21/2026, approves the issuance of up to $100,000,000 in multifamily housing revenue debt 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 of the development of Claude Pepper Phase II, a multifamily housing rental project on an approximately 5.2 acre site at 1255-1525 NW 135th Street, North Miami, Miami-Dade County, Florida. The project will preserve or provide approximately 255 units of rental housing for low, moderate, or middle income persons or families. The resolution was requested by the Housing Finance Authority and sponsored by Commissioner Marleine Bastien. A deferral was requested by Commissioner Bastien on 7/20/2026, but the final action on 7/21/2026 was 'Adopted'. The public hearing for the debt issuance was held on 6/17/2026, and the hearing disclosed no reason why the debt should not be issued. The Series 2026 Bonds are expected to be issued by October of 2026.