Real Estate

Springfield Crossing, new affordable housing option, slated to open in Bay County this fall

SPRINGFIELD — New affordable housing opportunities are around the corner for Bay County residents.  Slated to open this fall is Springfield Crossing, a three-building apartment complex available for lower-income residents that will boast 60 units, a fitness center, playground and clubhouse.  "As population growth in Florida continues to go up and up, the cost of living continues to go...

Florida study: $5 billion return on $423 million affordable housing investment

Florida study: $5 billion return on $423 million affordable housing investment Gov. Ron DeSantis’ proposed $96.6 billion Fiscal Year 2022 (FY22) budget recommendation fully funds affordable housing programs at $423.3 million, which a study released Tuesday maintains will generate $5 billion in economic benefits statewide. “An Economic Analysis of the Florida Housing Programs,” produced by the...

Gov. DeSantis’s budget calls for more than $420M for affordable housing

Gov. Ron DeSantis’ first full budget proposal after the COVID-19 outbreak calls for more than $423 million to help fund major housing programs in the state. Last year, lawmakers mostly negotiated the 2020-21 budget before the pandemic’s start. The 2021-22 budget will be far more attuned to the fallout from the outbreak, and housing woes are certainly near the top of Floridians’ minds as...

Congress Passes Massive COVID-19 Relief Omnibus Package

Rental assistance and permanent floor for 4% LIHTC wins for industry. Congress has passed a last-minute deal with $900 billion in COVID-19 pandemic relief and $1.4 trillion in government funding for the rest of fiscal 2021. The pandemic relief and the omnibus package, which President Trump signed Dec. 27, contains big wins for Americans in need, including assistance for struggling renters, an extension...

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