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CalSTRS to provide bridge loan for project

Housing Finance Authority of Miami-Dade County logoHousing Finance Authority of Miami-Dade County
Disclosed value
$28,000,000 (bridge loan)
From report
Document date
Mar 21, 2022

The 30-second brief

What it covers

CalSTRS is expected to provide a $28 million bridge loan as part of the $109 million financing package for the Cedar Grove Apartments rehabilitation. The bridge facility will support project costs alongside tax-exempt bonds, tax credit equity, and deferred developer fees.

Who holds it

CALSTRS holds this financial services contract with Housing Finance Authority of Miami-Dade County. Its other public contracts on record include work for Shade Canyon and Albert Einstein Academies.

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Contract details

Contract type
Financial Services
Amount
$28,000,000 (bridge loan)
Document date
March 21, 2022
Vendor
CALSTRS
Agency
Housing Finance Authority of Miami-Dade County
Source document
prag-report-cedar-grove-apartments-march-21-2022_80f.pdf (Report)

CALSTRS's other public contracts

Shade Canyon, CaliforniaCalSTRS 403(b) Service Agreement Executed · Aug 18, 2026UndisclosedAlbert Einstein Academies, CaliforniaBoard Ratifies CalSTRS Certification Submission · Jul 20, 2026UndisclosedSunrise Middle, CaliforniaBoard Approves CalSTRS Form 0765 · Jul 20, 2026UndisclosedValor Academy Elementary District, CaliforniaCalSTRS Retirement Program Provided for Certificated Staff · Jul 1, 2026UndisclosedHeartland Charter District, CaliforniaBoard Ratifies April 2026 CALSTRS Remittance · Jun 25, 2026$824.9KAll CALSTRS contractsVendor profile

More Housing Finance Authority of Miami-Dade County contracts

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Questions about this contract

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

CALSTRS was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on March 21, 2022. The contract value is $28,000,000 (bridge loan).

How much is the CALSTRS contract with Housing Finance Authority of Miami-Dade County worth?

The CALSTRS contract with Housing Finance Authority of Miami-Dade County is valued at $28,000,000 (bridge loan), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in prag-report-cedar-grove-apartments-march-21-2022_80f.pdf (Report), dated March 21, 2022 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 CALSTRS hold?

CALSTRS 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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