Housing Trust Group

HTG & AM Affordable Housing Secure Funding And Break Ground On Princeton Grove In Crestview, Florida

Housing Trust Group (HTG), a leading affordable housing developer, has partnered with AM Affordable Housing, a non-profit organization founded by NBA Hall of Famer and Miami Heat icon Alonzo Mourning, to develop Princeton Grove, a $23.5 million affordable housing community. Situated at 475 Aplin Road in Crestview, Florida, Princeton Grove will be a four-story residential development featuring a variety of one- and two-bedroom apartments. Catering to seniors aged 62 and older and senior veterans of the armed services, the partnership has recently secured financing and initiated construction on the project with Bayern Construction as the general contractor.

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HTG And Mount Hermon AME Church Secure Financing For Affordable Senior Community In Fort Lauderdale

Housing Trust Group and Mount Hermon African Methodist Episcopal Church Inc. broke ground on a new affordable housing community, Mount Hermon Apartments, located at 750 Northwest 4th Street in the Dorsey Riverbend neighborhood of Fort Lauderdale, FL. Designed by Miami-based REPRTWÄR with interiors by B. Pila Design, the 7-story development will offer units reserved for income-qualifying seniors aged 62 and above whose income falls at or below 25 and 60 percent of the area median income (AMI) with rents ranging from $425 to $1,225 per month. HTG Gomez Construction is the general contractor, and Thomas Engineering is the civil engineer and landscape architect. The project is expected to be completed in late 2024.

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Developer Secures Financing For Affordable Housing Project In Bradenton, Manatee County

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.

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Developers Attain Construction Financing And Break Ground On Orchid Lake In Cocoa, Florida

Housing Trust Group (HTG) and Housing for Homeless, Inc. have closed on financing and broke ground on Orchid Lake, a new $30 million affordable housing community located at the southwest corner of University Lane and Michigan Avenue in Cocoa, Florida. Designed by FK Architecture with Manley Design as the landscape architect and DRMP as the civil engineer, Orchid Lake will be a three-story community offering residences in a mix of one-, two-, and three-bedroom floor plans featuring interiors by Builders Design. Hennessy Construction is the general contractor, and work is expected to complete in early 2024.

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