Lincoln Avenue Communities Breaks Ground on Affordable Housing Development in Orlando, Florida [Yahoo! Finance]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
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Source: Yahoo! Finance
ceremony for 52 at Park, a 300-unit apartment complex for lower-income families and individuals in Orlando Additional photos and renderings available upon request. ORLANDO, Fla. April 23, 2024 /PRNewswire/ -- Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground Tuesday on the future site of 52 at Park during a ceremony with LAC leaders, local lawmakers and partners. 52 at Park will provide 300 affordable housing units to individuals and families in Orange County earning no more than 60% of the Area Median Income. "Lincoln Avenue Communities is proud to grow our portfolio of affordable housing developments in Florida ," said Jordan Richter , LAC vice president and regional project partner. "Once completed, 52 at Park will provide hundreds of high-quality, affordable homes in one of the state's fastest-growing metropolitan areas." The property will include eight residential buildings, with all units expected to be completed
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