HFA COLONY LAKES

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

Resolution approved by the Miami-Dade Board of County Commissioners on 7/21/2026, authorizing the Housing Finance Authority to issue multifamily housing revenue debt obligations not exceeding $32,680,000 for the acquisition and rehabilitation of the Colony Lakes multifamily housing rental project. The project is located at 1500 East Mowry Drive, Homestead, Miami-Dade County, Florida, on an approximately 15 acre site, preserving or providing approximately 220 units of rental housing for low, moderate, or middle income persons or families. The applicant/developer is Colony Lakes Housing, L.P., a New York limited partnership. The case/file number is 261174, reference R-667-26. The decision was adopted. Key dates: introduced 6/26/2026, final action 7/21/2026, HFA initial approval resolution HFA 2026-10 on 4/27/2026, TEFRA public hearing on 6/17/2026, notice posted on or before 6/9/2026, Series 2026 Bonds expected to be issued by September 2026. The public hearing disclosed no reason why the debt should not be issued. The debt is not a general obligation of the county or state, payable solely from revenues provided by the borrower.