Renaissance Preserve
Fort Myers, FL

HOPE VI revitalization of the Housing Authority of the City of Fort Myers' Michigan Court public housing project.

Total of 382 mixed-income rentals in four phases.

Construction of first phase of 120 senior units completed in August 2009.

First phase financed using tax-exempt bonds issued by Housing Finance Authority of Lee County, HOPE VI funds, Florida Housing Finance Corporation's State Apartment Incentive Loan Program and equity from 4% low income housing tax credits.

Novoco Developments of Distinction Awards – Honorable Mention in Overcoming Obstacles category.

Subsequent phases are under development with phase two, 96 family units, scheduled to commence April 2010.

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