STCC Listed as LIHTC Equity Source
Housing Finance Authority of Miami-Dade CountyLocal Housing Authority · Doral, FL- Disclosed value
- $12,289,927 (Housing Credit Equity); $3,173,260 proceeds available during construction
- From report
- Document date
- Dec 6, 2019
The 30-second brief
STCC is identified as the housing credit equity provider contributing $12.29 million to The Gallery at Smathers Plaza, with $3.17 million available during construction and remaining installments tied to construction completion and stabilization. This equity leverages the project’s tax‑exempt note and subordinate loans.
STCC holds this financial services contract with Housing Finance Authority of Miami-Dade County. Its other public contracts on record include work for Springfield Public Schools MA and Borough of Newburg.
Term as filed: Equity contributions in five installments through July 1, 2021 and stabilization.
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Contract details
- Contract type
- Financial Services
- Amount
- $12,289,927 (Housing Credit Equity); $3,173,260 proceeds available during construction
- Document date
- December 6, 2019
- Term
- Equity contributions in five installments through July 1, 2021 and stabilization
- Vendor
- STCC
- Source document
- miami-dade-public-housing-and-community-dev-credit-underwriting-report-december-6-2019_974.pdf (Report)
STCC'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?
STCC was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on December 6, 2019. The contract value is $12,289,927 (Housing Credit Equity); $3,173,260 proceeds available during construction.
How much is the STCC contract with Housing Finance Authority of Miami-Dade County worth?
The STCC contract with Housing Finance Authority of Miami-Dade County is valued at $12,289,927 (Housing Credit Equity); $3,173,260 proceeds available during construction, 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 miami-dade-public-housing-and-community-dev-credit-underwriting-report-december-6-2019_974.pdf (Report), dated December 6, 2019 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 STCC hold?
STCC 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.