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300 Unit Elderly Rental Affordable Housing Project
Personal/Neighborhood Impact: This facility provides 300 one-bedroom, one-bath brand new apartments. It serves a minority concentration area of 96.3%, a 67.87% of low-and moderate-income concentration and is occupied by low income elderly individuals at or below 50% of median income. These 300 units are located at walking distance from the Miami-Dade County Metro Rail Station as well as many other forms of public transportation, and in close proximity to various service oriented shopping, government and educational facilities. This project has not only improved the lives of these new tenants but also has directly invigorated the neighborhood and served as a catalyst for economic growth that helped to spur economic development activities and improvements in the entire neighborhood. In addition, by utilizing local contractors for the purchase of materials and supplies as well as encouraging the use of local small business and minority firms, added to the overall economic stimulus.
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Content Archived: January 7, 2014 | |||||||||||||||||||||||||||||||
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