HFA CLAUDE PEPPER PHASE II

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, by the Housing Finance Authority of Miami-Dade County. The proceeds will be loaned to Redwood CP Holdings II, LLC, to finance the acquisition and construction of Claude Pepper Phase II, a multifamily housing rental project. The project is located on approximately 5.2 acres and will provide approximately 255 units of rental housing for low, moderate, or middle-income persons or families. A public hearing was held on June 17, 2026, and disclosed no reason why the debt should not be issued. The resolution is in draft status, pending BCC assignment, with an agenda date of July 21, 2026. The Bonds are expected to be issued by October 2026.