MIAMI-When the $100-million Brownsville Transit Village, developed by the Carlisle Development Group of Miami, breaks ground next Wednesday, it will be one of the larger affordable housing developments built in Miami. In the midst of the home foreclosure crisis and credit tightening, stable affordable housing remains in high demand, says Jeanne Becker, a spokesman for the Carlisle Group, who is the largest affordable housing developer in Miami-Dade County and Florida. The development will be partially funded by the American Reinvestment and Recovery Act of 2009.  

The Brownsville Transit Village is a five-phase urban-infill, mixed-income affordable housing development located next to a Miami–Dade Metro-Rail Transit station.The fact that it is transit-oriented, is only one of its green features. It will also feature high-efficiency lighting in units and common areas and tankless water heaters. The development will be built to conform to basic LEED standards.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt. Multifamily Fall 2024Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.