Ground has officially broken on Ludlam Trail Towers, an affordable housing development in Miami-Dade County. The venture will comprise 64 apartments ranging from 760 square feet to 1,000 square feet each. The community itself measures five stories.
A new affordable housing community could soon call Lakeland, Florida, home. Sources report that the 60-unit development will focus on helping people with insecure housing. LKLD Now notes that the venture is dubbed “Griffin Lofts of Lakeland.”
Housing Trust Group (HTG), one of the nation’s largest affordable housing developers, has closed on financing for Riverview6, a new 5-story $34 million affordable family housing community in Bradenton, Manatee County. Rental apartments at Riverview6 will be reserved for income-qualifying residents who earn at or below 30, 60, and 70 percent of the area median income (AMI), with rents ranging from $486 to $1,571 per month. The property is scheduled to complete in mid–2024.
Construction’s finishing up on Resia Pine Ridge, an affordable multifamily housing development in Palm Beach County, Florida. The community comprises 288 apartments, making it the area’s largest workforce housing complex. It appears to be a garden-style community.
Sources note that developers hope to start construction on a new project later this year. The venture? Foxcraft Estates. The residential building would measure five stories above grade and offer 84 homes, ranging from one-bedroom to three-bedroom apartments.
