TALLAHASSEE, Fla. (WTXL) — A nonprofit is footing the bill.
They have purchased the Plantations at Pine Lake and will be opening more than half of these apartments for less.
As the cost of living rises.
“Everything is going up. With the prices of gas, food. Added to that is the unavailability of some things that you could get more easily, but now you can’t find them,” Darryl Stanley said.
Stanley, who resides in Plantations at Pine Lake, says it’s refreshing to see more affordable housing options.
Soon, the complex will lower the rent by 81 units.
“We don’t have to recreate. The developer will go into rehab, rebuild and get those units into play faster. We don’t have to start from scratch,” Tallahassee City Commissioner Dianne Williams Cox said.
The commissioner added that the whole project does not cost the city a penny.
A Jacksonville-based nonprofit, Affordable Housing Preservation Corporation, recently purchased the apartments.
While a quarter of apartments will remain at market price — the remaining 75% will accommodate people identified as needing an affordable option.
“We have a project on the northeast end, on the boardwalk. It’s happening all over the city. We’re happy because we don’t want affordable housing in certain parts of the city, we want it in all parts of town. parts of the city,” Williams told Cox.
With this housing comes more resources for people in need on the northeast side of town.
AHPC will also bring resources to the neighborhood like job fairs, nutritional support and help with eviction prevention.
“As someone who has always worked in the service industry, I welcome this because times are tough,” Stanley said. “If we can’t embrace individuals during difficult times, then what are we? Are we a community?”