Florida

FORT LAUDERDALE, Fla. — Housing Trust Group (HTG) and Mount Hermon African Methodist Episcopal Church have opened Mount Hermon Apartments, a new affordable seniors housing community in Fort Lauderdale. Development costs totaled $43.5 million.  Monthly rental rates at the community, which features one- and two-bedroom apartments, range from $433 to $1,422 per month. Units are reserved for seniors earning at or below 25 and 60 percent of the area median income. According to Apartments.com, average the average rental rate for a one-bedroom apartment in Fort Lauderdale is $2,222.  Amenities at the …

NAPLES, Fla. — McDowell Housing Partners (MHP) has completed the construction of Ekos Cadenza, a 160-unit affordable seniors housing community in Naples. This marks MHP’s second phase of development at the site. The first phase, which also comprises 160 units of affordable housing for seniors, opened in October 2024.  Totaling five stories, Ekos Cadenza features studio, one- and two-bedroom residences ranging from 527 to 1,007 square feet. Amenities at the community include a swimming pool, wet bar, fitness center, game room, media center, pickleball court and clubhouse.  The Healthcare Network of …

OSCEOLA COUNTY, Fla. — Green Mills Group has broken ground on a $26 million affordable seniors housing community in Osceola County.  Dubbed Poinciana Parc, the property will comprise an 86-unit mid-rise building. Amenities at the community will include a fitness center, business center, club/game room, laundry room and swimming pool.  The Florida Housing Finance Corp. awarded the project a 9 percent tax credit allocation in May 2023. Additional funding is being provided by Green Mills Group, TD Bank, Raymond James Affordable Housing Investments and Neighborhood Lending Partners.