On Tuesday, the Orange County Board of County Commissioners approved $3 million of local Housing Trust Fund and federal American Rescue Plan Act (ARPA) funding to assist the development that has encountered higher-than-expected construction costs.
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Orange County’s Board of County Commissioners (BCC) today approved $3 million of local Housing Trust Fund and federal American Rescue Plan Act (ARPA) funding to assist an affordable housing development that has encountered higher-than-expected construction costs.
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Orange County’s Board of County Commissioners (BCC) today approved $3 million of local Housing Trust Fund and federal American Rescue Plan Act (ARPA) funding to assist an affordable housing development that has encountered higher-than-expected construction costs.
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A large portion of Florida’s economy relies on tourism, especially as major Orlando-area theme parks including Universal Studios Florida and Walt Disney World. But the parks — which employ an estimated 110,000 people collectively — are also facing headwinds due to their employees’ struggles to afford housing, and now both NBCUniversal and The Walt Disney Company — owners of the major parks — are aiming to […]
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While Universal Studios Florida and Walt Disney World offer visitors a fantastical escape, those who work at the theme parks can’t evade the problems of the real world — namely rising housing costs in Orlando.
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For visitors, Universal Studios Florida offers a chance to visit a fantastical land full of wizards, Minions and various characters from NBC Universal’s many film and television properties. But for the roughly 28,000 men and women who work at the 840-acre theme park and resort complex in Orlando, the troubles of the real world — […]
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Durham Place is located just off South Orange Blossom Trail in Orlando, and its very first residents are just now moving in.
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Developers have released their first look at a major affordable and mixed-income housing community that aims to meet the needs of workers in Orlando, Florida. The 1,000-unit Catchlight Crossing is the result of Universal Destinations & Experiences’ Housing for Tomorrow initiative, with the entertainment company donating 20 acres of land in the heart of the […]
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Wendover Housing Partners has released new images of Catchlight Crossings, a 1,000-unit affordable and mixed-income housing community in Orlando, Fla. Construction started earlier this month, with the first phase expected to come online in 2026. The pedestrian-oriented master plan is the result of Universal Destinations & Experiences’ Housing for Tomorrow program, designed to address the need for economically diverse and affordable […]
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In a tough market environment where positive news is rarer than hen’s teeth, JPMorgan Chase (JPM) has some good news to report. The bank just closed $29.1 million in construction financing for an affordable housing project in Orlando, Florida.