Osceola County buys $8.9 million land for affordable housing

in Osceola County News & Events

SOURCE: ClickOrlando.com

OSCEOLA COUNTY, Fla. – This month, the Osceola’s Board of County commissioners approved investing $8.9 million to buy an 82-acre property right that is walking distance to the Poinciana SunRail station.

Previous owners of the land, which is located off Poinciana Boulevard, wanted to make it a development for single-family housing, however when the opportunity came up for county officials to buy it, it went along with their plan to build affordable housing — smaller units for smaller families. It was attractive for county officials also pushing for “transit-oriented development”.

“A lot of times there’s a big disconnect between affordable housing and transportation and so by purchasing this property and being able to control it, we can then say as the county that we want to have a certain percentage of it specifically for affordable housing,” said County Commissioner Cheryl Grieb, who also works as a realtor.