Miami-Dade County District 9 will break floor on Royal Pointe Residences, a brand new reasonably priced housing growth for households On Friday, September 13th. The builders, Cornerstone Group, have partnered with the Martin Memorial AME Church, often known as the Purple Church. The church has owned the property for a few years and has sought to develop reasonably priced housing on-site.
Royal Pointe Residences will characteristic 102 reasonably priced models in a garden-style structure with as much as three flooring and one to 3 bedrooms per unit. Residences shall be out there for income-qualifying residents; 17 models at 30% of the realm median earnings (AMI), 38 models at 60% AMI, and 47 models at 70% AMI. Facilities will embrace a gated group, a clubhouse with a enterprise middle and a social room for conferences and celebrations, a youngsters’s playground, and a health middle.
Miami-Dade County funding for Royal Pointe Residences totals $10,519,000, together with $4,399,000 from Surtax, $510,000 from the Inexpensive Housing Belief Fund, and $2,860,000 from the HOME Program.
The estimated completion date for Royal Pointe Residences is August 2026.
