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Senior Housing

Property Description

Located in Deland, FL - Banyan Cove is the second BDG/AGPM new-construction development project. Constructed in 2019, Banyan Cove is a 100% affordable senior development. 90% of the units were set-aside for residents at or below 60% of the Area Median Income (AMI) and 10% set-aside for residents at or below 45% of AMI. The project was financed with 9% Low Income Housing Tax Credits (LIHTC) and SHIP funds in partnership with the City of Deland, Volusia County, and the Florida Housing Finance Corporation.

Property Website

Banyan Cove

DeLand, Florida, USA

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