Affordable Housing

ORLANDO, Fla. — Wendover Housing Partners, in partnership with Hope Center West and the City of Orlando, is underway on the development of a new affordable seniors housing community near downtown Orlando.  Upon completion, Legacy Place will total 100 units.  DeAngelis Diamond is serving as the general contractor for the project. Goldman Sachs and Berkadia Commercial Mortgage have provided financing, and the project is backed by $610,000 from the City of Orlando. The city is also providing incentives through the Orlando Unlocked initiative, which is designed to accelerate the development of …

PEMBROKE PINES, Fla. — McDowell Housing Partners and Miami Jewish Health have completed the development of Douglas Gardens Senior Health and Living, a new affordable seniors housing community located in Pembroke Pines, roughly 25 miles northwest of Miami.  Now open, the community totals 410 units reserved for residents age 55 and older earning 30, 60 and 100 percent of the area median income. Amenities at the community include a pond with walking paths, theater room, business center and multiple indoor and outdoor gathering spaces.  Development costs for the project totaled $139 …