Florida Senior Housing Project Overcomes Challenges

After facing a series of delays caused by the COVID-19 pandemic, Hurricane Ian, contaminated soil, rising construction costs, and elevated interest rates, plans for a workforce and senior housing project at the Golden Gate golf course property owned by Collier County, Fla., are moving forward. Collier commissioners approved measures to allocate nearly $21 million to initiate the project. 

The plan includes 252 rental units for essential workers, such as first responders, teachers, and health-care workers, as well as 100 to 120 units for seniors and veterans. The new development aims to address the housing crisis affecting Collier County, where affordable rentals and reasonably priced properties are scarce. The groundbreaking ceremony is scheduled for Nov. 27, and construction is expected to begin on Feb. 1, according to the Naples Daily News.

The expectation is for the essential workforce tenants to pay 30% of household income on rent and utilities.

The income limits are $53,900 to $119,760 for a four-person household targeted at 50%, 80% and 120% of the area median income.

The apartments are planned at 790 square feet for a one-bedroom unit, a two-bedroom is 1,055 square feet, and a three-bedroom would be 1,335 square feet.

Rents would range from $870 to $1,949 for a one-bedroom apartment, $1,037 to $1,179 for a two bedroom, and a three-bedroom apartment at $1,191 to $2,411.

For seniors, the apartments are targeted for incomes at 28% to 80% of area median income.

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