First Housing Development Corporation of Florida
Tampa, FL 33606
Featured Project Return to Projects List
Villages at Halifax II
Project Information
- Project Location:
- Daytona Beach, FL
- Approx Contract:
- $10,000,000
- Status:
- Completed - Jun 2017
- Structure Type:
- Apartments & Condominiums
References
- Owner:
- Picerne Affordable Development, LLC & Halifax Development II, LLC
- Architect:
- Forum Architecture
- General Contractor:
- Picerne Construction Corp.
- Client:
- Villages at Halifax, II
Scope Of Work
Villages at Halifax II is a 80-unit, newly constructed, multi-family housing project consisting of five two- and three-story buildings in Daytona Beach Florida. The project is income restricted. First Housing, through their Affordable Housing Lending Pool, provided 3.2 million in construction financing along with JPMorgan Chase Bank, which provided a separate $7.2 million construction only co-first mortgage.
First Housing provided underwriting, origination and construction administration. First Housing is now conducting permanent loan servicing under their First Mortgage.
For more information on First Housings' affordable housing lending programs or administration services check us out at www.firsthousingfl.com.