in development

———

Orange County · Orlando, FL

Village of Pine Hills

96 Affordable Homes on 8.92 Acres in Orlando, three buildings, a clubhouse, and space for the programs that help neighbors thrive.

96

Affordable Homes

$35.7 M

Total Development Cost

8.92

Acres in Orange County

20

Homes Reserved at 30% AMI or Below

Growing Where We Are needed

About Village of Pine Hills

Village of Pine Hills brings 96 affordable homes to Pine Hills Road in Orlando, three three-story buildings and a community center set across 8.92 acres, with one-, two-, and three-bedroom apartments for individuals and families.

Orange County is home to three Ability Housing communities, including Village on Mercy and the Wayne Densch Center. With the addition of the Village of Pine Hills, Ability Housing now manages 337 affordable homes across the county.

Total development cost is $35.7 million, assembled with the Florida Housing Finance Corporation, housing credit equity syndicated by National Equity Fund, and the Capital Magnet Fund.

LOCATIOn

5121 N Pine Hills Rd
Orlando, FL 32808

3

Three-story buildings

8.92

Acres

1-3

Bedroom Apartments

development team

Architect

Group 4

General Contractor

McCree

Civil Engineer

George F. Young

who will live here

Homes and Set-Asides

96 one-, two-, and three-bedroom apartments, with income restrictions layered so the community reaches the neighbors who need it most.

 

Unit mix

96

homes, in one, two, and three bedroom layouts

One-bedroom homes

33

Two-bedroom homes

54

Three-bedroom homes

9

income set-asides

60% AMI or less

72 homes

40% AMI or less

4 homes

30% AMI or less

16 homes

22% AMI or less

4 homes

All 96 homes are income restricted. Twenty are set aside for households at 30% of area median income or below.

On The Property

Community center

Gathering space and resident programming

Computer lab and library

For schoolwork, job searches, and quiet reading

Flexible spaces

Workshops, training, and community events

how it is being built

Financing and partners

A $35.7 million development, assembled from public, private, and philanthropic capital and layered to keep rents affordable.

Total development cost

$35.7 M

partners in this development

Florida Housing Finance Corporation

SAIL

National Equity Fund

Housing credit syndicator

JPMorgan Chase

Construction lender

Join us on our next project

If your organization provides funding, financing, or services for affordable housing, we would like to talk.

Portfolio at a glance
 

14

communities

4

counties

877

units

170M +

Invested