en.Wedoany.com Reported - A newly completed apartment building in St. Augustine, Florida, officially began operations in June 2026, becoming one of the city's first large-scale affordable housing developments. The project includes a total of 92 units and was built in collaboration between the West Augustine Historical Community Development Corporation and the nonprofit affordable housing developer Ability Housing.
Ability Housing is a nonprofit organization headquartered in Jacksonville, Florida, founded in 2005, dedicated to providing quality, affordable housing for low-income families, veterans, seniors, and the homeless. The organization develops and operates affordable housing projects in multiple cities across Florida, leveraging federal, state, and local funding resources through public-private partnerships. The West Augustine Historical Community Development Corporation is a local community development organization in St. Augustine, focused on the revitalization of the West Augustine historic district and community services, covering areas such as housing, education, and economic development.
The complex is designed for residents earning no more than 60% of the area median income, offering one-bedroom, two-bedroom, and three-bedroom apartments. Starting rents for one-bedroom units are approximately $634 per month, while three-bedroom apartments rent for around $1,600 per month, depending on household income and eligibility requirements. Project funding sources include federal Low-Income Housing Tax Credits (LIHTC), state housing trust funds, and local matching funds. The project is located in the West Augustine historic district, with nearby amenities including schools, medical facilities, and public transportation.
Florida is one of the states facing significant housing affordability challenges in the United States. According to data from the Florida Housing Coalition, over 60% of low-income households in the state spend more than 30% of their income on housing. As Florida's oldest city, St. Augustine has recently experienced rising housing prices driven by tourism development, leading to a continuous decline in housing affordability for middle- and low-income residents. The completion of this 92-unit project adds much-needed affordable housing supply to St. Augustine and represents a successful practice of the collaboration model between the West Augustine Historical Community Development Corporation and Ability Housing.
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