Hermosa Arcadia
1560 E. Gibson Street
Address:
1560 E. Gibson Street
Arcadia, Florida
Hermosa Arcadia
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Location: Arcadia, DeSoto County, Florida
Demographic: Family
No. Units: 27
Financial Partners: Florida Housing Finance Corporation, Neighborhood Lending Partners, Federal Home Loan Bank Atlanta
Non-Profit Partner: The Housing Authority of the City of Arcadia, Florida
Completion: Autumn 2024
Website: Coming Soon!
Hermosa Arcadia is a 27-unit affordable multifamily project situated on 1.807 acres, located in Arcadia, DeSoto County, Florida. All 27 units will be set aside for residents earning 65% or less of the area median income (“AMI”), with 6 for tenants earning up to 50% AMI and 21 units for tenants earning 65% AMI or below.
The apartment unit mix is comprised of all three-bedroom/two-bathroom units. The community will have an on-site leasing office, including a business center and multi-purpose room available for tenants. Free resident programs offered at Hermosa will include an Employment Assistance Program and Financial Management Program.