BRADENTON, Fla. (WFLA) — The affordable housing crisis is impacting families across the Tampa Bay area, as well as local businesses.
Managing Partner for One Stop Housing Mark Vengroff aims to address the challenge that working families are facing by bringing local businesses on board in one of their upcoming projects called Forest Cove.
The apartment complex development is slated to have 156 affordable units for employees of the companies who invested in the project. The more than 2-acre property sits off U.S. 41, just south of Cortez Road.
Vengroff said it’s a first-of-its-kind project.
“It will be the first multi-employer community development to house their workforce. The main purpose is many employers had come about and basically said that it is impossible to recruit and retain their employees. Everything around this area is too expensive, and people just can’t afford it,” said Vengroff.