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State of Florida Division of Bond Finance Allocates $28 Million to Daytona Beach Housing Authority Affordable Housing Development

State of Florida Division of Bond Finance Allocates $28 Million to Daytona Beach Housing Authority Affordable Housing Development

The Housing Authority of the City of Daytona Beach (HACDB) received approval for$28,000,000 in Multifamily Housing Revenue Bonds for the WM at the River Project on Beach Street in Daytona Beach, FL. The Development project is the result of a partnership between HACDB and developer BGC Advantage. The affordable housing development project, projected to close in June of 2021, will rehabilitate 298 units which currently house elderly and disabled tenants. The total development investment will exceed $52 million.

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Clarion Ledger – $57.6M in affordable housing, renovations coming to Jackson, other areas

Clarion Ledger – $57.6M in affordable housing, renovations coming to Jackson, other areas

A $57.6 million development and home renovation project involving six counties will bring affordable housing for low-income and elderly residents and provide renovations to hundreds of homes, officials say.
The local branch of the Mississippi Regional Housing Authority made the announcement Thursday at a groundbreaking where officials described plans to build a 100-unit affordable living complex called Hickman Heights in south Jackson.

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