HTG Debuts 70-Unit Holly Hill Affordable/Supportive Housing Development
HTG and HfH Supportive Housing celebrated the grand opening of Fox Pointe, a $25.9 million affordable and supportive housing community in Holly Hill, just north of Daytona Beach.
The new community provides 70 apartments for households earning at or below 22, 30, 60 and 80 percent of the area median income (AMI), with monthly rents ranging from approximately $300 to $1,889.
Located at 1088 10th Street, Fox Pointe is a three-story, garden-style community featuring 36 one-bedroom, 24 two-bedroom and 10 three-bedroom apartments. Amenities include a resort-style swimming pool, clubhouse with resident lounge, business center, picnic pavilion, dog park, playground and fitness center.
Financing sources for Fox Pointe included $18.3 million in Low-Income Housing Tax Credit (LIHTC) equity allocated by Florida Housing Finance Corporation and syndicated through Raymond James and $13.5 million in construction financing from TD Bank.
The development team included general contractor Park and Eleazer Construction and architect FK Architecture.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout