CONTRACTRECOMMENDED

Cedar Rapids Bank to Place Homestead Permanent Loans

Housing Finance Authority of Miami-Dade County logoHousing Finance Authority of Miami-Dade County
Disclosed value
$14,200,000 tax-exempt permanent loan; taxable permanent loan amount included in the $32,040,000 underwritten taxable financing
From staffreport
Document date
Oct 26, 2026

The 30-second brief

What it covers

Cedar Rapids Bank & Trust is expected to privately place the permanent tax-exempt and taxable loans for TML Homestead Residences. The permanent financing will follow construction financing and use forward rate locks.

Who holds it

Cedar Rapids Bank & Trust holds this financial services contract with Housing Finance Authority of Miami-Dade County. Its other public contracts on record include work for City of Cedar Rapids and Iowa Finance Authority.

What happens next

Term as filed: Tax-exempt loan: 17 years with 40-year amortization; taxable loan has the same term, amortization, and lockout.

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Contract details

Contract type
Financial Services
Amount
$14,200,000 tax-exempt permanent loan; taxable permanent loan amount included in the $32,040,000 underwritten taxable financing
Document date
October 26, 2026
Term
Tax-exempt loan: 17 years with 40-year amortization; taxable loan has the same term, amortization, and lockout
Source document
Housing Finance Authority of Miami Dade County StaffReport TML Homestead Residences Financing 2026-10-26 (StaffReport)

Cedar Rapids Bank & Trust's other public contracts

More Housing Finance Authority of Miami-Dade County contracts

Questions about this contract

Who was awarded the financial services contract by Housing Finance Authority of Miami-Dade County?

Cedar Rapids Bank & Trust was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on October 26, 2026. The contract value is $14,200,000 tax-exempt permanent loan; taxable permanent loan amount included in the $32,040,000 underwritten taxable financing.

How much is the Cedar Rapids Bank & Trust contract with Housing Finance Authority of Miami-Dade County worth?

The Cedar Rapids Bank & Trust contract with Housing Finance Authority of Miami-Dade County is valued at $14,200,000 tax-exempt permanent loan; taxable permanent loan amount included in the $32,040,000 underwritten taxable financing, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Housing Finance Authority of Miami Dade County StaffReport TML Homestead Residences Financing 2026-10-26 (StaffReport), dated October 26, 2026 from Housing Finance Authority of Miami-Dade County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cedar Rapids Bank & Trust hold?

Cedar Rapids Bank & Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Housing Finance Authority of Miami-Dade County currently buying?

Explore Housing Finance Authority of Miami-Dade County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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