The apartments would have two and three bedrooms per unit. Thefor-sale houses would be in the $100,000 to $120,000 price range.Pinnacle has said it would consider Section 8 housing subsidytenants for the apartments and might seek funding for the projectthrough the Broward County Finance Authority.
Getting new high-density residential projects approved in SouthFlorida has become more difficult in recent years because ofspreading controlled-growth sentiments. Yet local planners haveinitially reacted positively to this proposal because of thelocation and its moderate-income tenant focus.
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