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 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 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. The deferral was requested by Commissioner Marleine Bastien 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 of 2026.