Affiliated Development launches $125M workforce housing fund
A Fort Lauderdale-based real estate development and investment firm wants to raise $125 million to invest in mixed-income workforce housing in South and Central Florida.
Affiliated Development launched the impact housing fund to help communities while delivering risk-adjusted returns for its investors, according to a press release. The fund will provide capital to finance Affiliated Development’s pipeline of workforce housing projects and investments. Affiliated will also apply for government financing incentives to help fund the projects.
