CONTRACTRECOMMENDED

Citi Recommended For $29.7M Construction Note

Housing Finance Authority of Miami-Dade County logoHousing Finance Authority of Miami-Dade County
Disclosed value
$29,700,000
From report
Document date
Jun 15, 2020

The 30-second brief

What it covers

HFAMDC’s credit underwriting report recommends Citi Community Capital purchase a $29.7 million tax‑exempt construction note to finance The Gallery on the River. The interest‑only loan will run up to 36 months with an optional six‑month extension at a floating LIBOR‑based rate.

Who holds it

Citi Community Capital holds this financial services contract with Housing Finance Authority of Miami-Dade County. Its other public contracts on record include work for Washington State Housing Finance Commission.

What happens next

Term as filed: Construction loan up to 36 months from closing plus one 6‑month extension.

See who signed off on this $29.7M contract.

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Contract details

Contract type
Financial Services
Amount
$29,700,000
Document date
June 15, 2020
Term
Construction loan up to 36 months from closing plus one 6‑month extension
Source document
miami-dade-public-housing-and-community-dev-credit-underwriting-report-june-15-2020_8af.pdf (Report)

Citi Community Capital'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?

Citi Community Capital was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on June 15, 2020. The contract value is $29,700,000.

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

The Citi Community Capital contract with Housing Finance Authority of Miami-Dade County is valued at $29,700,000, 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 miami-dade-public-housing-and-community-dev-credit-underwriting-report-june-15-2020_8af.pdf (Report), dated June 15, 2020 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 Citi Community Capital hold?

Citi Community Capital 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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