$23 million Florida project starts leasing 70 affordable apartments, with 70 more planned

Affordable housing options have expanded for renters in Southwest Florida after Blue Deep Creek in Charlotte County started accepting leasing applications.

Here’s what to know

According to Gulfshore Business, the development is complete after an expedited permitting process. Monthly rents range from $940 to $1,500 for the first 70 units at 2480 Luther Road—nine one-bedroom apartments and 61 two-bedroom apartments.

Households earning up to 80% of the area median income may qualify, and some homes are reserved for residents earning 30% or less.

Geoff Harlan, senior vice president of acquisitions for developer Blue Sky Communities, said, “We finished construction and we started lease-up, so this is great news; we’re excited.”…

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