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Fort Myers CRA launches revolving loan fund for workforce housing

The Fort Myers Community Redevelopment Agency has announced a Revolving Housing Loan Program for smaller affordable housing projects.

This loan is meant to incentivize the development of affordable housing options, something the CRA says is desperately needed in the area. It’s available in the Cleveland Avenue and Dr. Martin Luther King Jr. Boulevard redevelopment areas. The loans will target smaller projects, like single-family homes and apartments with fewer than 40 units. Real full story.

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