Affordable housing from Heat's Alonzo Mourning and Miami firm opens in Florida
The $37.4 million project in Bradenton, called Astoria on 9th, is a collaboration between Miami Heat legend Alonzo Mourning's nonprofit AM Affordable Housing and Miami-based developer Housing Trust Group. It's Housing Trust Group's fourth development in Bradenton, but its first for seniors.
Astoria on 9th is a single, five-story building with one- and two-bedroom units from 635 to 907 square feet. The rent rates for the units are $322 to $1,316 per month. That's below the local average of $1,639 for a one-bedroom apartment, according to Rent Cafe.
How to qualify for Astoria on 9th
To qualify, you must be at least 62 years old and meet the threshold to be considered low income or below.
Rent rates are based on whether an applicant makes 22%, 30% or 60% of the area median income, according to the U.S. Department of Housing and Urban Development. Interested applicants can apply online at AstoriaHTGM.com or call 941-538-5950 for more information.
'As housing continues to remain a priority for many communities across Florida, Astoria on 9th will serve as another example of the immediate solutions that can be delivered for seniors in metro areas statewide,' Housing Trust Group president and CEO Matthew A. Rieger said in a statement. 'With one of the highest concentrations of elderly residents in the nation, we're proud to deliver high-quality and readily available housing like Astoria on 9th that meets the housing and lifestyle needs seniors deserve.'
Astoria on 9th has the following amenities:
ClubroomCyber cafe with a catering kitchen and barFitness centerSurface parkingDog park
There are also resident programs such as adult literacy training and assistance with grocery shopping, laundry and housekeeping.
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