HFA CLAUDE PEPPER PHASE I

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

Miami-Dade County Board of County Commissioners is considering a resolution to approve the issuance of multifamily housing revenue debt obligations, not to exceed $100,000,000.00, by the Housing Finance Authority of Miami-Dade County. The proceeds will be loaned to Redwood CP Holdings I, LLC, to finance the acquisition and construction of Claude Pepper – Phase I, a multifamily housing rental project. The project is located on approximately 5.8 acres and will provide approximately 203 units of rental housing for elderly persons or families of low, moderate, or middle income. A public hearing was held on June 17, 2026, and no reason was found why the debt should not be issued. The resolution is scheduled for an agenda date of July 21, 2026. The Series 2026 Bonds are expected to be issued by September of 2026.