RBC Community Investments commits $15.8M LIHTC equity
Housing Finance Authority of Miami-Dade CountyLocal Housing Authority · Doral, FL- Disclosed value
- $15,801,614
- From report
- Document date
- Sep 19, 2022
The 30-second brief
RBC Community Investments, LLC will invest approximately $15.8 million in LIHTC equity into Edison Towers at a $0.915 pricing per tax credit, acquiring a 99.99% limited partner interest. The equity will be delivered in staged installments through early 2026, supporting construction, reserves, and long‑term compliance for the affordable housing project.
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 investment aligned with LIHTC compliance period; installments through January 1, 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- $15,801,614
- Document date
- September 19, 2022
- Term
- Equity investment aligned with LIHTC compliance period; installments through January 1, 2026
- Source document
- housing-finance-authority-of-miami-dade-county-credit-underwriting-report-september-19-2022_b6a.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 19, 2022. The contract value is $15,801,614.
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, 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 housing-finance-authority-of-miami-dade-county-credit-underwriting-report-september-19-2022_b6a.pdf (Report), dated September 19, 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.