Related Ross, Housing Trust seek low-interest loans from Palm Beach County

Palm Beach County has $81 million in low-interest loans to issue for affordable and workforce housing, and some of South Florida’s wealthiest real estate players are in line for the financing. The county commission is set to vote Tuesday on the funding, which would help finance 1,103 income-restricted housing units through three affordable housing programs, the South Florida Business Journal reported. The selected projects are part of requests for proposals that the county issued earlier this year after allocating funds to affordable housing development to help residents stay in the community even as housing prices spike faster than income levels, […]

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