Hermosa I & II

Hermosa North Fort Myers, Phase I was funded in FHFC RFA 2022-201 Housing Credit Financing For Affordable Housing Developments Located In Medium And Small Counties. Sources for this development are 9% LIHTC, SHIP funding provided by Lee County, and a conventional construction to permanent loan. Tax credit equity and the construction loan will be provided through Bank of America. Hermosa I is currently in credit underwriting with closing scheduled for August 2024. Hermosa I and Hermosa II are a public-private partnership between Birdsong Housing Partners, ReVital Development Group, and the Lee County Housing Authority. Hermosa I will be a 72-unit community that provides affordable housing to Seniors. The unit mix is 40 1-bedroom/1-bathroom and 32 2-bed/2-bath apartments.