HFA CLAUDE PEPPER PHASE I

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

Resolution approving the issuance of up to $100,000,000 in multifamily housing revenue debt obligations by the Housing Finance Authority of Miami-Dade County, Florida, for a loan to Redwood CP Holdings I, LLC, to finance a portion of the costs of the Claude Pepper Phase I multifamily rental housing project. The project is located on an approximately 5.8 acre site at 1255-1525 NW 135th Street, North Miami, Miami-Dade County, Florida, and will preserve or provide approximately 203 units of rental housing for elderly persons or families of low, moderate or middle income. The resolution was introduced on 6/25/2026, deferred to no date certain on 7/20/2026, and adopted on 7/21/2026. The public hearing held by the Authority on 6/17/2026 disclosed no reason why the debt should not be issued. The Series 2026 Bonds are expected to be issued by September of 2026.