St. Johns County is planning to cut the ribbon on the newly completed San Marcos Heights Affordable Housing Complex.
The county says it played a significant role in securing the funding for this project. It was thorough the submission of an application to the Florida Department of Economic Opportunity for HUD Disaster Relief funds after Hurricane Matthew that the project was made possible.
St. Johns County was awarded grant funding, of which $30 million was given to affordable housing.
The 132-unit San Marco Heights Housing Complex was also funded by developer, Smith & Henzy Affordable Group. It utilized $15 million in tax-exempt bonds from the Florida Housing Finance Authority and private equity funds to complete the project.
Some of the features of the new community include:
5,000 square foot clubhouse
24-hour state-of-the-art fitness center
Kids play station
Conveniently located 15 minutes from downtown St. Augustine
Only ½ mile from the Leo C. Chase Jr. VA Clinic
The ribbon-cutting ceremony will be taking place on Wednesday, Dec. 7.