CATALYST
Catalyst will be a $45MM+ new construction, high-rise, mixed-use affordable housing community with 110 units for seniors in Miami, Florida with incomes up to 80% of AMI. Located just off US1 in South Miami, residents will have access to robust public transportation and various neighborhood amenities and will enjoy a clubroom, game room, interactive library, gym, and more. Construction will meet or exceed the NGBS “green” certification requirements. The development will also include a small retail bay, intended to further activate the growing Goulds neighborhood in Miami. As with other Green Mills’ communities, management and maintenance services will be provided on site by dedicated staff.
Green Mills was awarded a highly competitive 9% tax credit allocation from the FHFC in 2025. Financial closing and groundbreaking occurred in August 2026 and completion is anticipated in late 2027.
Location: Miami, Florida
Project Details: 110 Multi-family Apartments
Construction Start / Est. Completion: 2026 / 2027
Green Mills Group: Developer / Owner / Asset Manager
Lender(s): Capital One, Berkadia
Limited Partner: Raymond James Affordable Housing Investments
Development Cost: $45MM+
Website: Coming soon…
