GAINESVILLE, Fla. — Volunteers of America National Services (VOANS) has unveiled plans for a $16.6 million renovation project at Pine Grove Apartments in Gainesville.
Utilizing non-competitive Low Income Housing Tax Credits to refinance and rehabilitate the property, the work is slated for completion in summer 2023. Volunteers of America of Florida will continue to provide property management and services for residents.
Constructed in 1984 with 97 affordable units for seniors under the HUD Section 202 program, the property will continue to benefit from HUD subsidizing for all units.
The tenant-in-place renovation will include improvements such as unit upgrades including new energy-efficient appliances, community space enhancements and ADA upgrades. An existing storage building on the property will be converted into a wellness center/nurse’s office.