Search
Close this search box.

Log in

Top Trending

Lee Board of County Commissioners voted Sept. 18 to award $89.25 million to eight affordable housing development proposals funded by the U.S. Department of Housing and Urban Development’s Community Development Block Grant-Disaster Recovery allocation to Lee County. The proposals were recommended for funding by the CDBG-DR Affordable Housing Development Evaluation Committee. The funded projects will provide for the development of 412 affordable multifamily housing units and 262 affordable single-family homes.

Single-family housing projects:

  • Diplomat South, North Fort Myers − $10.5 million in CDBG-DR funding. Total project cost is about $15.6 million for 44 single-family units
  • Heritage Heights 2, Harlem Heights − $20 million in CDBG-DR funding. Total project cost is about $34.3 million for 106 single-family units
  • McNeill Village 2, North Fort Myers − $4 million in CDBG-DR funding. Total project cost is about $5.3 million for 14 single-family units
  • Red Hibiscus 2, Bonita Springs − $9 million in CDBG-DR funding. Total project cost is about $31.4 million for 72 single-family units
  • White Coral Estates, City of Fort Myers − $6.5 million in CDBG-DR funding. Total project cost is about $10.2 million for 26 single-family units

Multifamily housing projects:

  • Bayshore Pines, North Fort Myers − $17 million in CDBG-DR funding. Total project cost is about $68.1 million for 180 multifamily units
  • Hermosa North Fort Myers II, North Fort Myers − $5.25 million in CDBG-DR funding. Total project cost is about $28 million for 88 multifamily units
  • Ekos on Evans, City of Fort Myers − $17 million in CDBG-DR funding. Total project cost is about $53.8 million for 144 multifamily units
Copyright 2024 Gulfshore Life Media, LLC All rights reserved. This material may not be published, broadcast, rewritten or redistributed without prior written consent.

GET SOUTHWEST FLORIDA'S BEST VIEW OF BUSINESS STRAIGHT TO YOUR INBOX.

Don't Miss