First Housing Development Corporation of Florida
Tampa, FL 33606
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Orchid Estates
Project Information
- Project Location:
- Naranja, FL
- Approx Contract:
- $10,000,000
- Status:
- Completed - Dec 2017
- Structure Type:
- Apartments & Condominiums
References
- Owner:
- Orchid Estates, Ltd.
- Architect:
- Forum Architecture & Interior Design, Inc.
- General Contractor:
- R.S. Construction of Dade, Inc.
- Client:
- Orchid Estates, Ltd.
Scope Of Work
First Housing completed the Credit Underwriting for this project which consisted of Housing Finance Authority of Miami Dade County Bonds, Florida Housing Finance Corporation SAIL program proceeds, Florida Housing Finance Corporation SAIL ELI program loan, Miami-Dade County Surtax loan proceeds and Housing Credits. The project contains 3 new three-story apartment buildings and a clubhouse with 74 affordable housing apartments with twenty four 1/1, thirty four 2/2 and sixteen 3/3 bedroom/bath configurations. Income restrictions apply.
The project offers an after school program for children, literacy training and an employment assistance program to its tenants. First Housing completed construction draw administration and is completing permanent loan servicing and property compliance monitoring for the Florida Housing program loans and housing credits.
For more information on First Housings services please contact us at loanadmin@firsthousingfl.com.
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