CRA Annual Report - 2024-2025

FRAMEWORK: VALENCIA SQUARE APARTMENTS Location: 544 Orange Avenue This development includes 62 units, with 50 designated as affordable housing units. Twelve (12) units for household at 80% area median income, and 38 units for household at 120% of the area median income. The project will include landscaping, pedestrian improvements and a park area to support the mixed-income housing development. CRA Incentives: Land Donation and 95% of TIF until 2036 CRA Funds Allocated: CRA Funds Allocated: $955,000

LAND ACQUISITION CORBIN BUILDING<<

DaytonaBeach.gov/Redevelopment

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