City of Palm Bay to Host Groundbreaking Ceremony for Space Coast Commons Affordable Rental Units Sept. 17
By Space Coast Daily // September 8, 2024
Space Coast Commons will consist of 31 new affordable rental units
BREVARD COUNTY • PALM BAY, FLORIDA – The City of Palm Bay, in partnership with Volunteers of America of Florida announced the groundbreaking of its latest development, Space Coast Commons.
“The City is proud to be a partner with Volunteers of America of Florida, Inc, as we prepare for the groundbreaking ceremony scheduled for September 17 at 9 a.m.,” said City of Palm Bay officials.
Space Coast Commons will consist of 31 new affordable rental units, located at 1981 Convair Ztreet SE in Palm Bay.
The City of Palm Bay executed a subrecipient grant agreement with Volunteers of America of Florida, Inc. on November 18, 2022, providing American Rescue Plan Act (ARPA) funds in the amount of $975,000 for site development and construction costs related to the Space Coast Commons affordable housing project.
ARPA funds will address the issue of affordable housing that has both predated and been exacerbated by the COVID-19 crisis.
The City’s investment in the creation of new affordable housing units also commits long-term sustainability of the project, requiring the units to remain affordable for 20 years from the date of the completion.
The ceremony will be at the future site of Space Coast Commons located at 1981 Convair Street SE in Palm Bay and parking will be available along Convair Steet.
For more information, contact Stephanie Vranich at 248-321-7048. Click here to RSVP>>>
Related Story:Palm Bay Police Department Honors Longtime Volunteer Barbara Squeglia With VCOP Spotlight
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