$12M Parkview Gardens Affordable Housing Project Opens in Liberty City

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MIAMI—Parkview Gardens, a new affordable housing complex in the heart of Miami’s Liberty City, is now serving the community. Carrfour Supportive Housing celebrated the grand opening of the project on Tuesday.
 
Located at 1437 NW 61st Street, the project offers 60 garden-style multifamily units designated for low-income families and individuals. The $12 million development targets local Liberty City residents and area veterans with housing for tenants earning at or below 60% of the area’s median income (AMI). Six units are set aside for those earning at or below 33% of the AMI.

“Parkview Gardens is a great example of a project that provides a safe place for people in need of a permanent place to live within the community while also stimulating the local economy,” says Stephanie Berman-Eisenberg, president of Carrfour Supportive Housing. “We built this project with the intention of creating a modern, secure and affordable living environment for families while serving as a catalyst for revitalizing one of Miami-Dade’s most distressed neighborhoods.”

Parkview Gardens units range in size from one- to three-bedroom apartments in six three-story multifamily buildings. The property features a community center, and a two-story parking garage. Amenities include a childrens’ playground, exercise room, computer lab, library and picnic area.

The City of Miami provided about $343,000 in HOME funding for the development of Parkview Gardens and conveyed several parcels of land on which the project was built. Miami-Dade County provided $1.6 million in Surtax funding. First Housing and JP Morgan Chase Bank served as funding partners while RBC Capital Markets served as equity provider for the project.