Madison Landing Groundbreaking Event - Affordable Senior Housing in Orange County
“Providing affordable housing to Orange County residents is paramount and the need has been amplified during this pandemic,” said Orange County Mayor Jerry L. Demings. “I am proud of the public-private partnership it took to break ground on Madison Landing, which will soon offer affordable housing to low-income seniors. This is just one example of Orange County’s Housing for All Task Force prioritizing solutions to address the housing crisis.”
A new elderly affordable housing development is now underway less than 2 miles southwest of Mall at Millenia. Construction on Madison Landing started in August and an official groundbreaking ceremony was held on September 16th. Winter Park Construction (WPC) is the general contractor for the project, Blue Skies Studios is the architect, and Evans Engineering is the civil engineer.
Development partners American Residential Communities (ARC) and New South Residential, LLC paid $1.3 million for 5.4 acres of land at 5800 S. Rio Grande Ave. The total project cost for the first phase is estimated at $23 million and planned for completion in 2021, a second phase, not yet approved, would add an additional 86 units. Construction is proposed to be completed before September 2021. The developers are actively pursuing future funding from the Florida Housing Finance Corporation (FHFC) to complete phase 2 as soon as possible.
View Orange TV Interview about the importance of affordable senior housing in Orange County and on the significance of Madison Landing.
Orlando Sentinel - Growth Spotter
View Madison Landing Groundbreaking Gallery
Affordable Elderly Housing in Orange County - LIHTC
Affordable Senior Housing in Seminole County - LIHTC