Related Urban awarded $46 million in tax credits for affordable housing in Miami-Dade

Related Urban Development Group said it was awarded $46 million in tax credits to fund two affordable housing projects in Miami-Dade County.

Related Urban, a division of Miami-based Related Group, said the 9-percent federal tax credits awarded by the Florida Housing Finance Corp. will be used to renovate Jack Orr Plaza, an existing 200-unit county public housing development for the elderly, and to build Collins Park Apartments, a new 117-unit elderly housing development in the Allapattah neighborhood of Miami.

The Miami Herald

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