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Valencia Grove II
Affordable Housing
Senior Housing
Community Overview
Valencia Grove II, the second phase of Valencia Grove (144 apartments), delivers 110 one- and two-bedroom spacious rental apartments for senior residents.
Valencia Grove II is ideally located near both dine-in and take out restaurants, a church, and convenience stores, all of which are a short drive or walk away. The new development offers a mix of 76 one-bedroom/one-bathroom apartment units (690 square feet) and 34 two-bedroom/two-bathroom apartment units (1,052 square feet). Residents also have access to a wide array of daily activities, adult literacy programs, assistance with light housekeeping, grocery shopping, and laundry.
Developer
HTG | Partner: AM Affordable Housing
Florida Housing Finance Corporation
Raymond James (Equity Investor)
Fifth Third Bank (Construction Loan)
Truist Bank (Permanent Loan)

Property Size
8.32 Acres
Building Height
3 Stories
Property Type
Affordable Senior
Number of Buildings
1
Community Style
Garden
Amount of Units
110
Funding
4% Tax Credits, SAIL & ELI, Bonds
Completion Date
2021

