Key Bank to Lend on Aura Living Bonds
- Disclosed value
- $12,675,000 taxable construction loan; $45,000,000 tax-exempt bonds (construction and permanent phases)
- From report
- Document date
- Apr 27, 2026
The 30-second brief
The Aura Living project’s financing plan calls for tax-exempt bonds issued by the Housing Finance Authority of Miami Dade County to be privately placed with Key Bank, which will also provide a $12.7 million taxable construction loan. KeyBank is expected to remain as the permanent lender on the tax-exempt bonds after conversion, when the taxable loan is repaid with additional tax credit equity.
Key Bank holds this financial services contract with Housing Finance Authority of Miami-Dade County. Its other public contracts on record include work for Union Springs Central School District and Unalaska City School District.
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Contract details
- Contract type
- Financial Services
- Amount
- $12,675,000 taxable construction loan; $45,000,000 tax-exempt bonds (construction and permanent phases)
- Document date
- April 27, 2026
- Vendor
- Key Bank
- Source document
- Public Resources Advisory Group Report Aura Living Project Financing 2026-04-27 (Report)
Key Bank'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?
Key Bank was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on April 27, 2026. The contract value is $12,675,000 taxable construction loan; $45,000,000 tax-exempt bonds (construction and permanent phases).
How much is the Key Bank contract with Housing Finance Authority of Miami-Dade County worth?
The Key Bank contract with Housing Finance Authority of Miami-Dade County is valued at $12,675,000 taxable construction loan; $45,000,000 tax-exempt bonds (construction and permanent phases), 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 Public Resources Advisory Group Report Aura Living Project Financing 2026-04-27 (Report), dated April 27, 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 Key Bank hold?
Key Bank 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.