HTG Secures Financing for Affordable FL Community

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BROOKSVILLE, FL – Housing Trust Group (HTG), one of the nation’s leading developers of affordable housing, announces the completion of the second and final phase of Freedom Gardens, an affordable apartment community located in Brooksville, an hour north of Tampa, FL.

HTG Opens 96-Unit Affordable FL Community The developer invested $18.5 million in Freedom Gardens, a four-building project in the Central Florida city of Brooksville.

Next June, 130 units are slated to break ground at 681 Florida St. Others are on the way. “In the next 12 months we will have one building breaking ground every three to six months,” said Karoleen.

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The Housing Credit (HC) program provides for-profit and nonprofit organizations with a dollar-for-dollar reduction in federal tax liability in exchange for the acquisition and substantial rehabilitation, substantial rehabilitation, or new construction of low and very low income rental housing units.

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America’s affordable housing crisis is driven in large part by. and inclusive spaces for the elderly and protected groups such as the LGBT community. In Florida, some elderly actually choose to.

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Luna Trails will provide 86 modern, affordable apartments to Titusville. Housing Trust Group(HTG), one of the nation’s largest developers of affordable housing, closed on financing to begin construction of 86 new affordable apartments in Brevard County Florida.Luna Trails is a $19.6 million multifamily community located at 1705 South De Leon Avenue.

Green Mills Group is a real estate developer and owner committed to building communities that improve neighborhoods. Our expertise is ‘green’ multifamily development with an emphasis on affordable housing and neighborhood revitalization, often in areas overlooked by conventional builders.

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New USA Funding is not a government agency and is not affiliated with the United States Government or any other funding agency. New USA Funding supplies training materials on how to apply for funding as well as resources on where to apply.

While One Stop Housing and HTG both concentrate on creating affordable. community development block grant loan from the city of Bradenton; and a $5.125 million permanent loan from SunTrust Bank.

In addition to in-unit renovations, the project encompassed roof replacements, upgrade of elevator machinery and equipment, improved hallways, and the installation of new boilers and heating. an.