$20,700,000 Awarded to Ocean Breeze East Project within the Boynton Beach CRA’s Heart of Boynton Beach District
Boca Raton, FL – New affordable apartments are coming to the Heart of Boynton community. On July 27, 2018, the Florida Housing Finance Corporation (FHFC) awarded RS Development Corp. (a/k/a Ocean Breeze East Apartments, LLC, OBEAL) $2,700,000 in Annual Housing Tax Credits for ten years from its 9% Low Income Housing Tax Credit allocation to build a multi-family apartment…