Housing Trust Group to Build $36M Affordable Community Near Miami – Seniors Housing Business

In order to address the growing gap between area median incomes and the costs of housing in Miami-Dade, local government is teaming up with developers and non-profits to figure out new ideas.

Housing Development Assistance Program. The Ohio Housing Finance Agency administers the Housing Development Assistance Program to provide financing for eligible housing developments to expand the supply of decent, safe, affordable housing for very low- to moderate-income persons and households in the state of Ohio.

The Affordable Housing Trust Fund is a permanent, renewable source of revenue to help meet the housing needs of the residents of Miami-Dade County. Its objective is to foster a housing supply accessible to a range of incomes in developments assisted by the trust fund and to disperse affordable housing units throughout the County.

Housing Trust Group broke grounds on a $15 million affordable senior housing development in Fort Lauderdale, reports South Florida Times. The Village Place project was funded by Broward County Housing, which is providing $125,000, and US Bank, which is providing $38.6 million through its community development subsidiary.

 · Detroit needs a reliable fund for affordable housing. Here’s what council can do about it. Truly affordable housing is out of reach for too many Detroiters, and.

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The following communities are part of our portfolio and offer affordable housing for which you may be eligible, although some income restrictions may still apply. Please note that all affordable properties accept applications onsite and you should contact the management office directly for information about availability.

About. Mercy Housing is redefining affordable, low-income housing. We’re a national nonprofit organization that is working to build a more humane world where poverty is alleviated, communities are healthy and all people can develop their full potential.

PEMBROKE PINES, Fla. – Housing Trust Group (HTG) and Miami Jewish Health Systems (MJHS) have opened the doors on Douglas Gardens V, an affordable seniors housing community in the Miami suburb of Pembroke Pines. Development costs for the 110-unit community were estimated at $36 million.

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 · OLYMPIA, WA – The Washington State Department of Commerce today announced $22.8 million in grants and loans for nine affordable housing projects in communities throughout the state. See the complete list here. These funds will help provide an estimated 301 multi-family rental units/beds, and 80 seasonal farmworker beds. Funding comes from the state’s Housing Trust.