First responders and local government employees will get first dibs on a new “luxury” workforce housing development that recently broke ground in Fort Lauderdale.
Affiliated Development, a South Florida-based firm that specializes in public-private partnerships, announced last week it began construction on The Era, an 8-story multifamily apartment building located on South Andrews Avenue between SW 21st Street and SW 22nd Street. The building, backed by tax incentives, will be completed in 2027, said Nick Rojo, an Affiliated co-founder.
The Era will dedicate over half of its 400 units for workforce housing residents earning between 80% and 120% of the area median income. Unit prices will vary depending on residents’ incomes, Rojo said. The lowest rates will be about $700 below market rate; the highest will be about $400 below market rate…