The Real Deal Miami

Broward approves bonds for housing construction

October 28, 2008 05:10PM

Broward County commissioners voted today to approve $98 million in tax-exempt bonds for the construction of 1,000 units of low- and moderate-income housing in Hollywood, Fort Lauderdale, North Lauderdale, and Pompano Beach. The state still needs to approve the bonds, but several developers have already expressed interest in the construction projects, said the county’s Housing Finance Authority.