CONTRACTRECOMMENDED

HFA Recommends $27 Million Sapodilla Bond Approval

Housing Finance Authority Of Palm Beach County
Disclosed value
Not exceeding $27,000,000
From agendapacket
Document date
Aug 14, 2026

The 30-second brief

What it covers

The Housing Finance Authority recommended preliminary approval of up to $27 million in multifamily housing revenue bonds for Banyan and Sapodilla Acquisition LLC. The financing would support construction of 191 affordable rental units at Sapodilla Affordable in West Palm Beach.

Who holds it

Banyan & Sapodilla Acquisition LLC holds this financial services contract with Housing Finance Authority Of Palm Beach County.

What happens next

Term as filed: Proposed bond issuance in early 2027; 50-year minimum affordability period for new construction.

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Contract details

Contract type
Financial Services
Amount
Not exceeding $27,000,000
Document date
August 14, 2026
Term
Proposed bond issuance in early 2027; 50-year minimum affordability period for new construction
Vendor
Banyan & Sapodilla Acquisition LLC
Source document
Housing Finance Authority of Palm Beach County Agenda Packet 2026-08-14 (AgendaPacket)

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Questions about this contract

Who was awarded the financial services contract by Housing Finance Authority Of Palm Beach County?

Banyan & Sapodilla Acquisition LLC was awarded this financial services contract by Housing Finance Authority Of Palm Beach County, as recorded on August 14, 2026. The contract value is Not exceeding $27,000,000.

How much is the Banyan & Sapodilla Acquisition LLC contract with Housing Finance Authority Of Palm Beach County worth?

The Banyan & Sapodilla Acquisition LLC contract with Housing Finance Authority Of Palm Beach County is valued at Not exceeding $27,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Housing Finance Authority of Palm Beach County Agenda Packet 2026-08-14 (AgendaPacket), dated August 14, 2026 from Housing Finance Authority Of Palm Beach County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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