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 by the Housing Finance Authority of Miami-Dade County. The debt, not to exceed $100,000,000.00, will be loaned to Redwood CP Holdings I, LLC to finance the development of a multifamily housing rental project named Claude Pepper – Phase I. 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 disclosed no reason why the debt should not be issued. The Board of County Commissioners' approval is required for purposes of Section 147(f) of the Internal Revenue Code. The Bonds are expected to be issued by September 2026.