Lee Commissioners Award $89.25m In Disaster Recovery Grants For Affordable Housing Projects

Lee Board of County Commissioners voted on Sept. 18 to award $89.25 million to eight affordable housing development proposals funded by the U.S. Department of Housing and Urban Development’s Community Development Block Grant-Disaster Recovery allocation to Lee County. The proposals were recommended for funding by the CDBG-DR Affordable Housing Development Evaluation Committee. The funded projects will provide for the development of 412 affordable multifamily housing units and 262 affordable single-family homes.

Single-family housing projects:

• Diplomat South, North Fort Myers − $10.5 million in CDBG-DR funding. The total project cost is about $15.6 million for 44 single-family units.

• Heritage Heights 2, Harlem Heights − $20 million in CDBG-DR funding. The total project cost is about $34.3 million for 106 single-family units.

• McNeill Village 2, North Fort Myers − $4 million in CDBG-DR funding. The total project cost is about $5.3 million for 14 single-family units.

• Red Hibiscus 2, Bonita Springs − $9 million in CDBG-DR funding. The total project cost is about $31.4 million for 72 single-family units.

• White Coral Estates, City of Fort Myers − $6.5 million in CDBG-DR funding. The total project cost is about $10.2 million for 26 single-family units.

Multifamily housing projects:

• Bayshore Pines, North Fort Myers − $17 million in CDBG-DR funding. The total project cost is about $68.1 million for 180 multifamily units.

• Hermosa North Fort Myers II, North Fort Myers − $5.25 million in CDBG-DR funding. The total project cost is about $28 million for 88 multifamily units.

• Ekos on Evans, City of Fort Myers − $17 million in CDBG-DR funding. The total project cost is about $53.8 million for 144 multifamily units.