Housing Finance Authority of Miami-Dade County Awards $75,000,000 Financial Services Contract to Fairfield Affordable Housing Fund (July 2023)
Housing Finance Authority of Miami-Dade CountyLocal Housing Authority · Doral, FL- Disclosed value
- $75,000,000
- From minutes
- Approved
- Jul 24, 2023
The 30-second brief
The Housing Finance Authority approved $75 million in tax-exempt bond financing for Cedar Grove, a 288-unit acquisition and rehab by Fairfield Affordable Housing Fund in Commission District 1. The deal combines a Freddie Mac tax-exempt loan with a bridge loan from Fifth Third Bank under terms outlined in the credit underwriting report.
Fairfield Affordable Housing Fund holds this financial services contract with Housing Finance Authority of Miami-Dade County. Its other public contracts on record include work for Florida Housing Finance Corporation.
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Contract details
- Contract type
- Financial Services
- Amount
- $75,000,000
- Document date
- July 24, 2023
- Source document
- housing-finance-authority-board-of-directors-meeting-minutes-july-24-2023_5cd.pdf (Minutes)
Fairfield Affordable Housing Fund'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?
Fairfield Affordable Housing Fund was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on July 24, 2023. The contract value is $75,000,000.
How much is the Fairfield Affordable Housing Fund contract with Housing Finance Authority of Miami-Dade County worth?
The Fairfield Affordable Housing Fund contract with Housing Finance Authority of Miami-Dade County is valued at $75,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in housing-finance-authority-board-of-directors-meeting-minutes-july-24-2023_5cd.pdf (Minutes), dated July 24, 2023 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 Fairfield Affordable Housing Fund hold?
Fairfield Affordable Housing Fund 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.