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Senior Housing

Property Description

Located in Lakeland, FL - Banyan Reserve is a BDG/AGPM new-construction development project, which was completed in 2020. Banyan Reserve is a 100% senior affordable housing development, with 90% of the units set-aside for residents earning 60% or less of the Area Median Income (AMI) and 10% of the units set-aside for residents earning 45% or less of the AMI. The development was financed with 4% LIHTC, MMRB, SAIL and NHTF sources of funding through a partnership with the City of Lakeland, Lakeland CRA, and the Florida Housing Finance Corporation.

Property Website

Banyan Reserve Seniors

Lakeland, Florida, USA

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