ABOUT

EXPERIENCED AFFORDABLE AND WORKFORCE HOUSING DEVELOPERS

Newstar Development is a full-service development firm specializing in affordable and workforce housing. Our development team completed its first affordable housing development in Florida in 2008, and all completed developments in Florida have been in partnership with Public Housing Authorities (PHAs), Community Redevelopment Agencies (CRAs), and non-profits. Our team has expertise in all areas of financing low-income and public housing properties, knowledge of applications and corresponding approval processes, experience in working with low-income housing tax credits (LIHTC), bond programs, local finance authorities, HOME Funds, FHLB AHP funds, project-based Section 8 contracts, and other Mixed Finance Programs, including HOPE VI, Replacement Housing Factor and HUD capital funds.

PORTFOLIO

We invite you to visit our portfolio page to see some of our recently completed developments, as well as others currently under development.

NEWS

Major Pinellas affordable housing initiative enters next phase

The Pinellas County Housing Authority is one step closer to doubling the number of affordable homes at its Rainbow Village campus after developers submitted the first round of construction permit applications for Grand Oaks, a 120-unit family housing community planned in Largo. The filings mark the latest milestone in a yearslong effort to transform the […]