$960,000 FCLF LOAN for new construction
$15 million total project
80 green-built apartments for low-income seniors
According to a study from the National Housing Conference, by the year 2030 the number of Florida residents aged 65+ is projected to be 108% higher than this group was in the year 2000. As Florida’s aging population continues to increase, there is an ever growing need for affordable rental homes for seniors.
In a low-income census tract in northern Tampa, Haley Park will help solve this problem for some of Hillsborough County’s low-income seniors.
The Haley Park Apartments is an 80-unit senior apartment community that is being built to Florida Green Building Coalition (FGBC) Green standards. The project will include 1 and 2-bedroom apartments, available for low-income area residents (10% of the units are reserved for very low-income). All units are fully handicapped accessible, and onsite are a community center, swimming pool, fitness center, hair salon, dog walking area, and other amenities. Property managers will also provide a variety of optional social, education, health, and recreational services at no charge to the residents. The complex is convenient to bus routes and close to the Haley VA Hospital. Formerly homeless and elderly Veterans who meet income and age restrictions will be given preference for residence.
Florida Community Loan Fund provided $960,000 in construction and permanent financing for Haley Park Apartments. Additional funding is provided by Chase, as well as federal and state programs. The Haley Park Apartments will be managed by Wendover Management, www.wendovergroup.com.
View more photos of Haley Park on FCLF's Flickr page.
For statistics and more information on Housing an Aging Population, visit the National Housing Conference website.