RBCCI To Invest LIHTC Equity in Edison Towers
Housing Finance Authority of Miami-Dade CountyLocal Housing Authority · Doral, FL- Disclosed value
- $15,801,614 (net housing credit equity)
- From report
- Document date
- Sep 16, 2022
The 30-second brief
RBC Community Investments, LLC is expected to provide $15.8 million in Low-Income Housing Tax Credit equity to Edison Towers, LLLP in exchange for a 99.99% ownership interest. The equity will be disbursed in four installments contingent on closing, occupancy, stabilization, and tax credit milestones.
Rbc Community Investments LLC holds this financial services contract with Housing Finance Authority of Miami-Dade County. Its other public contracts on record include work for North Carolina Department of State Treasurer | State of North Carolina and City of Stamford.
Term as filed: Equity installment schedule through at least January 1, 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- $15,801,614 (net housing credit equity)
- Document date
- September 16, 2022
- Term
- Equity installment schedule through at least January 1, 2026
- Source document
- prag-credit-underwriting-report-edison-towers-september-16-2022_7e7.pdf (Report)
Rbc Community Investments LLC'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?
Rbc Community Investments LLC was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on September 16, 2022. The contract value is $15,801,614 (net housing credit equity).
How much is the Rbc Community Investments LLC contract with Housing Finance Authority of Miami-Dade County worth?
The Rbc Community Investments LLC contract with Housing Finance Authority of Miami-Dade County is valued at $15,801,614 (net housing credit equity), 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-credit-underwriting-report-edison-towers-september-16-2022_7e7.pdf (Report), dated September 16, 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 Rbc Community Investments LLC hold?
Rbc Community Investments LLC 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.