A project to bring more than 150 workforce housing units to Bradenton is moving forward, thanks to a loan from Manatee County as well as investment from local employers.
Forest Cove of Manatee LLC, under affordable housing developer One Stop Housing, received approval from Manatee County commissioners for a $5.66 million catalytic loan during the board’s April 15 meeting.
One Stop Housing plans to use the loan — defined, essentially, as a loan for a project or development that can be a catalyst for social good — in conjunction with funding from banks and local employers to create 156 workforce housing units at 1478 45th Ave. Circle West. The site is near the intersection of Cortez Road West and 14th Street West, a few miles south of downtown Bradenton…