On May 12th, a warm sunny day in Central Florida, officials from the Pasco County Housing Authority and the development firm of Gorman & Company “Cut the Ribbon” on a new 69-unit affordable housing project which will replace an aging property that had seen its better days. Built in 1982, the Dade Oaks Apartments, located just 1 mile away, dealt with extensive flooding issues to the point that the existing buildings, club house and infrastructure were significantly damaged, making rehabilitation infeasible.
In 2014, Gorman & Company secured FHA 221(d)(4) financing from First Housing Development Corporation of Florida, Collateralized Bond & HOME program financing from the Florida Housing Finance Corporation, HOME & SHIP program financing from Pasco County and an allocation for Housing Credits, in order to construct Hilltop Landings.
The tenants currently residing at the Dade Oaks Apartments will get first dibs on securing a new place to live at Hilltop. The costs to relocate the residents to their new homes is covered by the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970.
Hilltop Landings is a tenant based rent and income restricted community located on 13.28 acres. It contains 35 paired housing buildings with 14 one-bedroom, 23 two-bedroom, 17 three bedroom and 15 four-bedroom units plus a community room. Amenities also include a playground accessible to children with disabilities, Energy Star rated appliances, and resident activities that will be sponsored by the owner and management company. The goal is to foster a sense of community by bringing residents together on a regularly scheduled basis by providing activities such as holiday and special occasion parties, community picnics, newsletters and special functions for children.