Affiliated scores $73M construction loan in Boynton Beach amid Live Local rush

Affiliated Development scored a $73 million construction loan for a Live Local Act project in Boynton Beach, amid a rush to build apartments under the state workforce housing law. 

Fort Lauderdale-based Affiliated, a workforce and affordable rentals developer, started construction of The Dune with 336 units on a 4.3-acre site at 2607 and 2617 South Federal Highway, steps from the Intracoastal Waterway, according to records and the developer’s news release.

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Affiliated Development Secures $73M Construction Loan and Breaks Ground on The Dune at Federal Highway in Boynton Beach

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Affiliated launches $250M fund for mixed-income multifamily projects