$100M Loan to Gallery in the Grove Approved
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Description
Housing Finance Authority of Miami-Dade County intends to loan up to $100,000,000 to Gallery in the Grove, LLC for a multifamily rental housing project. The project consists of approximately 348 units at 3160 Mundy Street, Miami-Dade County, Florida. The debt obligations' intent period is two years, subject to potential extensions.
Contract Details
Contract Amount
$100,000,000
Vendor
GALLERY IN THE GROVE
Agency
Miami Dade Public Housing And Community Dev, FL
Contract Type
Loan
Document Date
July 28, 2025
Contract Term
2 years
Issuing Agency
Local Housing Authority
Miami, FL
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