Press release from the City of Gainesville
GAINESVILLE, Fla. – The Gainesville City Commission voted at its meeting on January 15 to allocate $1.4 million for the construction of new affordable housing in the Heartwood community off Southeast 8th Avenue. The funding would come from the Gainesville Community Reinvestment Area (GCRA), the City’s economic development department that is funded by both the City of Gainesville and Alachua County.
The City Commission also approved changes to Heartwood restrictions to enable construction of the homes on 16 City-owned lots using a community land trust (CLT) model…