ORLANDO—Housing Trust Group just inked a financing deal for affordable housing in the Orlando suburb of Eustis. The deal is worth $21 million.
Housing Trust Group closed on the financing of Valencia Grove, a 144-unit affordable housing community for working families. Construction began on November 30 with completion scheduled for next fall.
"Valencia Grove will serve the much-needed housing market for working families in Eustis," says Matthew Rieger, president and CEO of Housing Trust. "This new community will bring dozens of new jobs to the County and over $13 million in federal or State funding sources to the local economy."
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