In its continuing commitment to provide more affordable housing opportunities throughout Palm Beach County, the Board of County Commissioners at its Tuesday, October 18th meeting approved $8.2M in American Rescue Plan Act Response Projects funding for the construction of new affordable housing multi-family projects. The funding was made available through a Request for Proposal through the Department of Housing & Economic Development.
The projects include Autumn Ridge Apartments Ltd., located in West Palm Beach and Legacy at 45th Street also located in West Palm Beach. The 106 unit Autumn Ridge Project will target elderly persons 62 and older and boasts a number of community amenities and programs including easy access to public transportation, close proximity to employment & commercial centers, on-site retail space, exercise facilities, computer training and an outdoor pavilion with grills and shuffleboard court.
Legacy Place at 45th Street is within walking distance to numerous commercial businesses including grocery stores, eating establishments and other conveniences such as pharmacies and retail. The project will consist of 48 units built from repurposed shipping containers. These two funding awards will assist in the development of affordable housing leveraging $47M in other funding and resulting in 154 affordable units.
All County assisted housing units will remain affordable to tenants with incomes no greater than 80% of the County’s area median income for no less that 30-years.