HFA CLAUDE PEPPER PHASE I

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

Resolution approved by the Board of County Commissioners on 7/21/2026, authorizing the Housing Finance Authority of Miami-Dade County to issue multifamily housing revenue debt obligations not exceeding $100,000,000 for Redwood CP Holdings I, LLC to finance a portion of the costs of acquisition and construction of Claude Pepper Phase I, a multifamily housing rental project on an approximately 5.8 acre site at 1255-1525 NW 135th Street, North Miami, Miami-Dade County, Florida. The project will preserve or provide approximately 203 units of rental housing for elderly persons or families of low, moderate or middle income. The public hearing held by the HFA disclosed no reason why the debt should not be issued. The Series 2026 Bonds are expected to be issued by September of 2026. A deferral to no date certain was requested by Commissioner Bastien on 7/20/2026, but the item was adopted on 7/21/2026.