HFA CLAUDE PEPPER PHASE II

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

The Housing Finance Authority of Miami-Dade County requested approval for the issuance of Multifamily Housing Revenue Debt Obligations not to exceed $100,000,000 for the Claude Pepper Phase II project. This project involves the acquisition and construction of a multifamily housing rental project on approximately 5.2 acres. The developer, Redwood CP Holdings II, LLC, plans to finance a portion of the costs. The project is expected to provide approximately 255 rental housing units for low, moderate, or middle-income persons or families. The Board of County Commissioners was to consider this resolution on July 21, 2026. However, Commissioner Bastien requested a deferral to no specific date. 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 October 2026.