Multi-Family Portfolio
Osborne Landing Apartments
This project consisted of the new construction of 43 units of affordable rental housing for local families.
Located at the intersection of East Osborne Avenue and 34th Street, this $4 million project was completed in partnership with Bank of America CDC and Greater Miami Neighborhoods.
A portion of the equity financing was provided through low-income housing tax credits that were awarded to the project by the State of Florida and syndicated through Bank of America. In 2006, CDC of Tampa sold its limited partner interest in the project to Bank of America CDC, the general partner.
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Columbus Arms Apartments
CDC of Tampa purchased a 10-unit apartment complex to house local low income residents.
Located at the intersection of East Columbus Drive and 29th Street, this property is now managed by a local real estate service company.
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