NewsSouth Florida TimesAugust 20, 2026Miami-Dade
Alonzo Mourning and Housing Trust Group secure $55 million for Naranja affordable housing project
Developers Alonzo Mourning and Housing Trust Group have secured a $55 million financing package to construct an affordable housing development called Artisan Pointe in Naranja. The project aims to address rising rental rates in Miami-Dade County by providing new residential units.
Read the full story at South Florida TimesWhy It Matters
This financing enables the construction of new units in Naranja, directly impacting the availability of lower-cost rental options for residents in Miami-Dade County.
Key Facts
- Alonzo Mourning and Housing Trust Group secured $55 million in financing.
- The funds are designated for the construction of the Artisan Pointe affordable housing project.
- The project is located in Naranja, Miami-Dade County.
- The development is intended to address rising rental rates in the region.