Conduit Bonds Planned for Hartford & Saratoga Apts
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Description
Pinellas County’s Housing Finance Authority seeks approval to conduct a TEFRA hearing and issue up to $25.5 million in tax-exempt and taxable Multifamily Housing Revenue Bonds for Hartford Owner, LLC’s Hartford and Saratoga Apartments. The conduit bond financing will support acquisition and rehabilitation of 109 affordable rental units in St. Petersburg without pledging County credit.
Contract Details
Contract Amount
Principal amount not to exceed $7.65M tax-exempt bonds and $17.85M taxable bonds
Vendor
HARTFORD OWNER LLC
Agency
Pinellas Technical College-Clearwater, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Renewal Info
Conduit bond issuance is project-specific; ongoing obligations are between the borrower and bondholders, not subject to County renewal.
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