Real Estate

A Three-Story $20 Million Complex Will Offer 102 Units To Low-Income Seniors

Polk County Housing and Neighborhood Development will soon start leasing out more than 100 units to those who meet income requirements.

Seniors who have been struggling to make ends meet as real estate prices have skyrocketed across Polk County will soon have an affordable housing option in Auburndale.
Seniors who have been struggling to make ends meet as real estate prices have skyrocketed across Polk County will soon have an affordable housing option in Auburndale. (Polk County Government Twitter)

POLK COUNTY, FL — If you are a resident who is 55 years old and older looking for affordable housing, more than 100 units have been completed that will serve one of the county's most vulnerable populations, a news release said.

Auburn Village Apartments will start accepting lease agreements for those 55 years old and older and who meet income requirements at its 102-unit apartment complex beginning Feb. 1, Tamara West, Polk's Housing and Neighborhood Development manager, said.

“As the local real estate market continues to push prices of living higher, affordable housing for vulnerable populations, like seniors, becomes further out of reach," West said. "Programs like this help level the costs for those who are eligible and need it most.”

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The three-story, $20 million complex will offer 60 one-bedroom, one-bath units; and 42 two-bedroom, two-bath units. The apartments will also include Energy Star-rated appliances, washer/dryer hookups, open floor plans, balconies, wood cabinets and grab bars in bathrooms, according to the housing development office. Other amenities at the complex include a clubhouse, fitness center, community garden, pool, computer lab, fire pit, barbecue area with grill, on-site management offices, and maintenance services.

Tenants will be able to move into the units April 1 as there are still some finishing touches left to complete the project, West said.

Find out what's happening in Lakelandfor free with the latest updates from Patch.

The units will be targeted to senior households earning 40 and 60 percent of the area median income or less. Of the units offered, 10 percent of the units will be set aside at 40 percent of the area median income and 90 percent set aside for 60 percent of the area median income.

The complex is located at 811 Jersey Rd. N.W., Auburndale.

It received about $354,000 from the county along with $716,406 in impact fee waivers to help build affordable housing.

The Polk County Housing and Neighborhood Development Office supports multifamily development of affordable housing in Polk County through the Low-Income Housing Tax Credit Program or Housing Credit Program. For more information, call (863) 600-7638.

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