Florida Housing Finance Corporation AgendaPacket Consent Items 2026-06-26
Desoto Apartments CDBG-DR financing and credits
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Description
Florida Housing Finance Corporation is asked to approve the final credit underwriting report for Desoto Apartments, LLC for a CDBG-DR loan of $10,000,000 and $2,380,979 in 4% housing credits. Approval will allow staff and counsel to proceed with closing activities for the 140‑unit family development in Manatee County.
Contract Details
Contract Amount
CDBG-DR $10,000,000; 4% Non-Competitive Housing Credits $2,380,979
Vendor
DESOTO APARTMENTS LLC
Agency
Florida Housing Finance Corporation, FL
Contract Type
FINANCIAL_SERVICES
Document Date
June 23, 2026
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Issuing Agency
Florida Housing Finance Corporation
State Housing Authority
Tallahassee, FL
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