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Related Urban Secures $60M in Public Housing Tax Credits

MIAMI-Related Urban's Alberto Milo tells GlobeSt.com's Jennifer LeClaire capital improvement needs are outpacing the annual HUD funding.

By Jennifer LeClaire | Updated on June 22, 2012

MIAMI—Related Urban just took the lid off plans to rehab four Miami-Dade public housing developments. Related will tap into state financing awarded through the Florida Housing Finance Corporation (FHFC) to get the job done.

Related Urban received more than $60 million in tax credits for these projects, the largest-ever public housing funding issued to Miami-Dade County. The four sites up for rehab, Dante Fascell, Joe Moretti, Stirrup Plaza and South Miami Plaza, serve extremely low-income seniors.

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