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

Venice affordable housing Venetian Walk II filled to capacity after opening this summer

VENICE – Venetian Walk II, the long-awaited affordable housing replacement for Grove Terrace, opened this summer and was fully occupied by the end of November. Ribbon-cutting ceremonies on the 52-unit all-ages complex are on hold because of the COVID-19 pandemic. Read more