Multifamily Revenue Bonds (MRB) are issued by the Housing Finance Authority (HFA) of Miami-Dade County, Florida and purchased by private investors. The investors are seeking the tax-exempt income provided by these bonds.  In exchange for the tax-exempt income, investors are willing to take a slightly lower yield on their investment.

The yield savings is passed through to the developer in the form of a lower interest rate loan. The lower interest rate reduces debt service, thereby allowing some of the units to be rented to low-income tenants at reduced rates.

To invest in Multifamily Revenue Bonds, contact a broker or an investment banker of your choice to request their services.