Developer Gets $50 Million to Move Forward with Housing Project in Northwood Village
Affiliated Development has secured $50 million in additional financing to move forward with an affordable housing project in West Palm Beach’s Northwood Village. The Spruce, an eight-story, multi-family complex located off Spruce Avenue between 24th and 25th Street, will have 270 one-, two- and three-bedroom apartments, with 117 units offered first to city employees at below-market rents.…