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 by the Housing Finance Authority of Miami-Dade County, loaned to Redwood CP Holdings I, LLC, to finance a portion of the costs of the development 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 resolution was adopted on 7/21/2026. A deferral to no date certain was requested by Commissioner Bastien on 7/20/2026, but the final action was adoption. 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.