Mount Hermon Housing Receives $640,000 CRA Incentive Loan For Affordable Housing Project

     On September 1, 2020, the City of Fort Lauderdale Commission, acting as the Community Redevelopment Agency (CRA) Board of Commissioners approved a $640,000 Development Incentive Program Loan to Mount Hermon Housing, LTD. for the development of Mount Hermon Apartments. The CRA’s Development Incentive Program Loan is contingent upon the award of a 9% tax credit from the Florida Housing Finance Corporation. […]