FINANCIAL_SERVICESRECOMMENDED

Red Stone to Invest $19.8M LIHTC Equity in Serenity Gardens

Red Stone Equity Partners LLC is slated to invest $19.77 million in net housing tax credit equity for the Serenity Gardens development. Contributions will be made in five milestone-based installments from construction loan closing through final tax credit approvals.

Document date · May 18, 2026

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
$19,773,600 (net capital contribution for housing tax credits)
Contract type
FINANCIAL_SERVICES
Contract term
Equity installments from construction closing through receipt of IRS Form 8609s and final adjusters (through at least July 1, 2028)
Renewal
Equity contributions are milestone-based; no ongoing renewal or extension provisions are specified beyond scheduled installments and adjuster calculations.
Document type
Report
Source document
Housing Finance Authority of Miami-Dade County Report Credit Underwriting Report for Serenity Gardens 2026-05-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Housing Finance Authority of Miami-Dade County?

Red Stone Equity Partners Llc was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on May 18, 2026. The contract value is $19,773,600 (net capital contribution for housing tax credits).

How much is the Red Stone Equity Partners Llc contract with Housing Finance Authority of Miami-Dade County worth?

The Red Stone Equity Partners Llc contract with Housing Finance Authority of Miami-Dade County is valued at $19,773,600 (net capital contribution for housing tax credits), 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 Report Credit Underwriting Report for Serenity Gardens 2026-05-18 (Report), dated May 18, 2026 from Housing Finance Authority of Miami-Dade County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Red Stone Equity Partners Llc hold?

Red Stone Equity Partners 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.

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