Venetian Walk

Venice, Florida

Venetian Walk is a 61-unit senior housing project The Development Team completed in partnership with the Venice Housing Authority (VHA) in 2015 after executing a Master Development Agreement in 2012. Financing included 9% Low Income Housing Tax Credits ($0.99 tax credit pricing) as well as HUD Capital Funds and CDBG funds, and total development cost was $12,622,000. Venetian Walk serves tenants at 60% AMI and lower. This project earned the prestigious LEED Gold Certification, one of the earliest affordable housing projects in the state of Florida to earn the certification. Venetian Walk partners with Suncoast Partnership to End Homelessness, Inc., to provide supportive services for special needs households as defined by FHFC. Unit sizes include 1BR – 663sf and 2BR – 968sf, which are contained in four-story midrise building. This project was completed on-time and on-budget.