HFA CLAUDE PEPPER PHASE II

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

The Housing Finance Authority of Miami-Dade County is seeking approval for the issuance of Multifamily Housing Revenue Debt Obligations, not to exceed $100,000,000, to finance the development of Claude Pepper – Phase II. This project involves the acquisition and construction of a multifamily housing rental project on approximately 5.2 acres. The project will provide approximately 255 rental housing units for low, moderate, or middle-income individuals and families. The applicant, Redwood CP Holdings II, LLC, has applied for this financing. A public hearing was held on June 17, 2026, and no reason was found to prevent the issuance of the debt. The Board of County Commissioners' approval is required for the issuance of these bonds. Commissioner Marleine Bastien requested a deferral of the item to no specific date. The Series 2026 Bonds are expected to be issued by October 2026.