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In Development - Residential Multifamily

Property Description

The proposed Barnett Villas multifamily, affordable housing development is a 156 unit, 3-story, energy-efficient, garden-style, walk-up apartment community located in Orlando, FL.

Barnett Villas will serve low income families in the area, with 11% being set aside for families making incomes of 70% Area Median Income (AMI), 64% being set aside for families making 60% of AMI, and 25% of units being set aside for families making 50% of AMI.

Barnett Villas will consist of five residential buildings, with one clubhouse. It is walking distance to Barnett Park; where residents can enjoy a multitude of Orlando’s amenities, from nature walks around Lake Lawne to golf courses.

Construction is expected to begin in the 1st quarter of 2023 and be completed and fully leased by the 3rd quarter of 2024.

The project will be funded by 4% Housing Credits, Multifamily Mortgage Revenue Bond, and Orange County’s local Affordable Housing Trust Fund.

Property Website

Barnett Villas

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