Citibank Financing Recommended for $39.3 Million Project
Housing Finance Authority of Miami-Dade CountyLocal Housing Authority · Doral, FL- Disclosed value
- $23,300,000 tax-exempt MMRN and $16,000,000 taxable MMRN recommended; preliminary sizing was $23,100,000 tax-exempt and $17,000,000 taxable
- From staffreport
- Document date
- Oct 14, 2026
The 30-second brief
The Housing Finance Authority recommended a Citibank construction and permanent financing structure totaling $39.3 million for Claude Pepper I. The proposed financing includes $23.3 million in tax-exempt debt and $16 million in taxable debt, subject to a firm commitment before closing.
Citibank N.A holds this financial services contract with Housing Finance Authority of Miami-Dade County. Its other public contracts on record include work for Douglas County and TX-State-Office of Consumer Credit Commissioner.
Term as filed: 36-month construction phase, with two 6-month extension options; permanent tax-exempt loan has a nominal 33-year maturity and mandatory prepayment after year 18.
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Contract details
- Contract type
- Financial Services
- Amount
- $23,300,000 tax-exempt MMRN and $16,000,000 taxable MMRN recommended; preliminary sizing was $23,100,000 tax-exempt and $17,000,000 taxable
- Document date
- October 14, 2026
- Term
- 36-month construction phase, with two 6-month extension options; permanent tax-exempt loan has a nominal 33-year maturity and mandatory prepayment after year 18
- Vendor
- Citibank N.A
- Source document
- Housing Finance Authority of Miami-Dade County StaffReport Claude Pepper I Credit Underwriting Report 2026-10-14 (StaffReport)
Citibank N.A's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Housing Finance Authority of Miami-Dade County?
Citibank N.A was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on October 14, 2026. The contract value is $23,300,000 tax-exempt MMRN and $16,000,000 taxable MMRN recommended; preliminary sizing was $23,100,000 tax-exempt and $17,000,000 taxable.
How much is the Citibank N.A contract with Housing Finance Authority of Miami-Dade County worth?
The Citibank N.A contract with Housing Finance Authority of Miami-Dade County is valued at $23,300,000 tax-exempt MMRN and $16,000,000 taxable MMRN recommended; preliminary sizing was $23,100,000 tax-exempt and $17,000,000 taxable, 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 Claude Pepper I Credit Underwriting Report 2026-10-14 (StaffReport), dated October 14, 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 Citibank N.A hold?
Citibank N.A 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.