HFA CLAUDE PEPPER PHASE I

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

Miami-Dade County Commission deferred a resolution approving the issuance of multifamily housing revenue debt obligations not to exceed $100,000,000.00 for the development of Claude Pepper Phase I, a multifamily housing rental project. The project is to be financed by Redwood CP Holdings I, LLC, and will be located on approximately 5.8 acres. The project 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 Bastien to no date certain. A public hearing was held by the Housing Finance Authority 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.