The Real Deal Miami

Delray Beach affordable housing development secures $27 million in stimulus funds

October 05, 2009 02:03PM

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The Auburn Group, which is planning an affordable rental development on 11 acres in Delray Beach, has secured $27 million in stimulus funds for the project. Now, all that is needed to move forward is the approval of the City Commission, which will vote on the plan when it meets Tuesday. Auburn Vice President Cito Beguiristain said the 264-unit development should have considerable community support. “This is a shovel-ready project,” he said.

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