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 by the Housing Finance Authority of Miami-Dade County. The debt, not to exceed $100,000,000, 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 expected to provide approximately 255 rental housing units 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 Board of County Commissioners' approval is required for purposes of Section 147(f) of the Internal Revenue Code of 1986. The Bonds are expected to be issued by October of 2026.