County awards $39 million in housing block grants
Two North Fort Myers projects to receive funds
The Lee County Board of County Commissioners approved $39.2 million in Community Development Block Grant-Disaster Recovery funding Tuesday with two projects in North Fort Myers to receive funds.
Bayshore Pines, 361 Bayshore Road will receive $17 million in CDBG-DR funding. The project has a total cost of approximately $68.1 million and will offer 180 multifamily units.
The units will serve those at 60% area median income or less.
This project has a focus on creating a resilient, community-centered affordable housing development with designs to meet national green building standards, as well as incorporating hurricane-related concrete block construction, elevation to two feet above the base flood level. The project is anticipated to be complete by October 2026.
The other North Fort Myers project is Hermosa North Fort Myers II at 16301 N. Cleveland Ave.
The project received $5.25 million in CDBG-DR funding. The project’s total cost is $28 million for 88 multifamily units. This project is for senior housing for those 62 years old and older.
The property will include both one- and two-bedroom units. There will be a total of three units for 30% AMI, nine for 40% AMI, and 76 at 60% AMI.
The last project, located in Fort Myers — Ekos on Evans, 3501 Evans Ave. — will receive $17 million in CDBG-DR funding. The total cost of the complex is $53.8 million for 144 multifamily units. The project includes 22 units at 30% AMI or less, 56 units at 60% AMI or less and 66 units at 70% AMI or less.
Following the landfall of Hurricane Ian in Lee County on Sept. 28, 2022, the U.S. Department of Housing and Urban Development approved a grant agreement providing $1.1 billion of Community Development Block Grant-Disaster Recovery funds to Lee County for long-term recovery efforts in November 2023.
The proposals were recommended for funding by the CDBG-DR Affordable Housing Development Evaluation Committee. The funded projects will provide for the development of 412 affordable multi-family housing units.