HomeMy WebLinkAboutNorthern Trust LetterNorthern Tiust, NA
700 Brickell Avdnue
hliami, Florida 33131
(305)372-1000
Northern Trust
May 12, 2009
Mr. George Mensah, Director
City of Miami Department of
Community Development
444 SW 2 Avenue, 2nd floor
Miami, Florida 33131
RE: Palmetto Homes of Miami/Ario Lundy
Dear Mr. Mensah:
The purpose of this letter is to express strong support of Mr. Lundy and his work in providing
decent and affordable housing to low and moderate income persons.
Since the start of our relationship with Palmetto Homes of Miami and Mr. Lundy over three
years ago, Northern Trust has funded developer construction and end -loan financing to a number
of homebuyers, the majority of which are our mutual clients in that they have City funding
toward their purchase as well. We look forward to continuing and growing our relationship with
Mr. Lundy and his buyers.
We value this relationship and will continue to provide residential mortgage loans to qualified
borrowers arising from either City, or any other County/State/Municipal affordable housing
program funding available to Palmetto Homes of Miami. We strongly urge your favorable
consideration of this proposal.
Sincerely,
W.obert Smith, II
Vice President
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NorthernTrust. NA is n wholly owned subsidiary of Northern Trust Corporation, Chicago. Member FDIC. Equal Housing Lender Q