Gannet Pointe

Gannet Pointe was funded in FHFC RFA 2018-103 Housing Credit and SAIL Financing for the Development of Housing for Homeless Persons. It is a joint venture with Ability Housing, a leading developer of housing for homeless across Florida. Set-asides reserve 56 units for homeless individuals and families. Sources for this development are of 9% LIHTC, FHFC SAIL, County support for deposits, and a conventional loan from Bank of America. Community Hope Center and the Osceola County School District provide referrals to individual and families residing in motels. Construction was completed in phases with the first building ready for occupancy in December 2020, and the second building ready for occupancy in February 2021. 100% occupancy was achieved March 2021. Gannet Pointe is managed by TPI Management.