HFA CLAUDE PEPPER PHASE I

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

Miami-Dade County Commission deferred 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 funds will be loaned to Redwood CP Holdings I, LLC, to finance the acquisition and construction 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. Commissioner Marleine Bastien requested the deferral to no date certain. A public hearing was held on June 17, 2026, and disclosed no reason why the debt should not be issued. The Series 2026 Bonds are expected to be issued by September 2026.