The Florida city is accepting applications for a 92-unit building aimed at reducing housing costs for residents.
A new apartment building is one of St. Augustine, Florida's first large-scale affordable housing developments, reports Tiffany Salameh for News4Jax.
The 92-unit project is a partnership between the West Augustine Historical Community Development Corporation and Ability Housing, a nonprofit affordable housing developer, Salameh adds. The complex is designed for residents earning 60% or less of Area Median Income. The community includes one-, two- and three-bedroom apartments. Rents start at approximately $634 per month for a one-bedroom unit and increase to about $1,600 for a three-bedroom apartment, depending on household income and eligibility requirements.
Read the full story: First affordable apartment community opens in St. Augustine area, offering workforce housing to retain residents
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