A $115 million affordable housing project, Naranja Grand Community, is under development in metro Miami by Housing Trust Group and Elite Equity Development. The project comprises a 120-unit senior community and a 200-unit affordable housing building. Completion of the first phase is expected next spring, and the second phase by Q3 2025. The project is funded by ten sources, offering reduced rent based on tenants' median income. Residents will have access to services like financial management and adult literacy classes.
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