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Affordable Housing Development

Building More Attainable Housing Across Orlando and Central Florida

Latitude 98’s Community Housing division focuses on creating safe, durable, and thoughtfully planned housing for working families, veterans, seniors, individuals with disabilities, and households underserved by the traditional housing market.

We work with municipalities, counties, housing authorities, nonprofit organisations, landowners, lenders, employers, and community partners to evaluate affordable and attainable housing opportunities throughout Orlando and Central Florida.

Our objective is to combine practical development experience with public, private, and nonprofit resources to create housing that strengthens neighbourhoods and expands long-term access to quality homes.

Community Housing Is a Core Development Focus

Affordable and workforce housing should not be treated as a minor category within conventional residential development.

It requires a dedicated approach that considers:

  • Household income levels
  • Local housing needs
  • Public funding requirements
  • Long-term affordability
  • Land and infrastructure costs
  • Neighborhood compatibility
  • Resident services
  • Accessibility
  • Transportation and employment access
  • Ongoing property management
  • Compliance and reporting obligations

Latitude 98 approaches Community Housing as its own development division, with projects structured around the needs of residents, communities, public agencies, and funding partners.

Our Affordable Housing Development Capabilities

Latitude 98 evaluates opportunities across several housing models. The final structure of each project depends on the property, local housing priorities, available funding, zoning, market demand, and the requirements of participating partners.

For-Sale Affordable Homes

We evaluate the development of new homes intended for income-qualified buyers, first-time homeowners, veterans, essential workers, and other households seeking attainable homeownership.

For-sale projects may include:

  • Individual infill homes
  • Scattered-site homeownership programs
  • Small residential communities
  • Townhomes
  • Cottage-style homes
  • Workforce housing
  • Publicly supported homeownership developments
  • Homes constructed on publicly or privately contributed land

Projects may incorporate deed restrictions, affordability periods, down-payment assistance, land subsidies, or other tools established by the applicable housing program.

Affordable Rental Housing

Latitude 98 evaluates rental housing designed to serve residents whose incomes fall within established affordability guidelines.

Affordable rental projects may include:

  • Single-family rental homes
  • Duplexes, triplexes, and fourplexes
  • Townhomes
  • Small apartment communities
  • Mixed-income rental communities
  • Workforce housing
  • Senior housing
  • Veteran-oriented housing
  • Supportive or service-enriched housing developed with qualified partners

Rental developments may be owned independently, developed through a joint venture, or completed in partnership with a municipality, housing authority, nonprofit, investor, or institutional owner.

Small Multifamily Development

Smaller multifamily properties can provide meaningful housing without the scale, cost, or neighbourhood impact of a large apartment complex.

We evaluate:

  • Duplexes
  • Triplexes
  • Fourplexes
  • Courtyard apartments
  • Townhome clusters
  • Small apartment buildings
  • Missing-middle housing
  • Infill multifamily sites
  • Adaptive reuse opportunities

These projects may be particularly appropriate for scattered infill lots, established neighbourhoods, redevelopment districts, and areas where zoning supports moderate residential density.

Mixed-Income Housing

Mixed-income development can bring together market-rate, workforce, and income-restricted housing within one project or community.

A mixed-income structure may help:

  • Create economically diverse communities
  • Reduce the concentration of poverty
  • Support stronger project economics
  • Expand workforce housing
  • Integrate affordable units into growing neighbourhoods
  • Use market-rate revenue to support broader affordability goals

The appropriate unit mix and affordability structure would be established in coordination with the applicable municipality, funding agency, lender, and development partners.

Scattered-Site Housing

Scattered-site development uses individual lots or small groups of properties located throughout an existing neighbourhood or service area.

Potential opportunities include:

  • Vacant residential lots
  • Surplus government-owned land
  • Tax-delinquent properties
  • Donated nonprofit land
  • Inherited or privately owned parcels
  • Abandoned residential sites
  • Properties acquired through neighbourhood redevelopment programs
  • Small groups of noncontiguous lots

This model can place new housing within established communities while using existing roads, schools, utilities, employment access, and neighbourhood infrastructure.

Housing Rehabilitation

Preserving existing housing can be as important as constructing new units.

Latitude 98 evaluates rehabilitation and adaptive-reuse projects involving:

  • Distressed single-family homes
  • Ageing rental properties
  • Small apartment buildings
  • Vacant or abandoned structures
  • Storm-damaged homes
  • Code-enforcement properties
  • Obsolete motels or commercial buildings
  • Properties requiring accessibility improvements
  • Housing requiring health, safety, energy, or structural upgrades

Rehabilitation projects may preserve existing affordability, reduce neighbourhood blight, extend the useful life of a property, and return vacant buildings to productive use.

Publicly Supported Developments

Latitude 98 is interested in projects that combine private development capabilities with public land, incentives, grants, loans, tax credits, infrastructure support, or other approved housing resources.

Potential structures may include:

  • Public-private partnerships
  • Nonprofit development partnerships
  • Housing-authority partnerships
  • Municipal land dispositions
  • Community land trusts
  • Ground leases
  • Infrastructure participation
  • Impact-fee assistance
  • Affordable housing trust funds
  • HOME or Community Development Block Grant resources
  • State and federal housing programs
  • Low-Income Housing Tax Credit partnerships
  • Local bond or housing initiatives
  • Employer-supported housing programs

Participation in any program would remain subject to eligibility, underwriting, competitive selection, funding availability, affordability restrictions, and the requirements of the administering agency.

Working With Municipalities and Counties

Latitude 98 welcomes conversations with local governments seeking qualified private-sector partners for affordable, workforce, veteran, or neighbourhood housing initiatives.

We can evaluate opportunities involving:

  • Publicly owned land
  • Surplus parcels
  • Infill housing programs
  • Neighborhood revitalization
  • Workforce housing
  • Veteran housing
  • Affordable homeownership
  • Affordable rental communities
  • Mixed-income development
  • Storm recovery
  • Rehabilitation programs
  • Transit-accessible housing
  • Public-private development agreements

Our role may include feasibility analysis, site planning, financing coordination, entitlement management, design, permitting, construction oversight, property stabilisation, and final sale or operation.

The City of Orlando maintains housing and community development programs and identifies development incentives for qualifying affordable units in residential or mixed-use projects. Its published incentives include potential reductions or waivers of certain impact fees, subject to certification, funding availability, and program requirements.

Orange County’s Housing for All initiative aims to promote and incentivise affordable, attainable housing. The county has also established a housing trust fund intended to support affordable and workforce housing through public-private partnerships.

These local initiatives make municipal, county, housing-authority, nonprofit, and private-development partnerships especially relevant to Community Housing opportunities in the Orlando area.

Working With Housing Authorities

Housing authorities can bring essential local knowledge, resident relationships, property resources, rental-assistance experience, and access to specialised housing programs.

Latitude 98 is interested in collaborating on:

  • New construction
  • Housing replacement
  • Property rehabilitation
  • Mixed-finance communities
  • Scattered-site development
  • Senior and accessible housing
  • Veteran housing
  • Project-based rental housing
  • Public housing redevelopment
  • Long-term operating partnerships

Each partnership would be structured around the authority’s procurement requirements, development goals, resident needs, funding sources, and long-term ownership strategy.

Working With Nonprofits and Community Organisations

Community organisations often understand local housing needs before those needs are visible in conventional market data.

Latitude 98 welcomes partnerships with organisations serving:

  • Veterans
  • Seniors
  • Families with children
  • Essential workers
  • Individuals with disabilities
  • Residents transitioning from homelessness
  • First-time homebuyers
  • Low- and moderate-income households
  • Communities recovering from storms or displacement

Nonprofit partners may contribute land, funding relationships, resident services, community engagement, program administration, or long-term ownership and operations.

Latitude 98 may provide development planning, feasibility analysis, project management, construction coordination, and real estate execution.

Opportunities for Landowners

Landowners can play a direct role in expanding the local housing supply.

We evaluate:

  • Vacant residential land
  • Larger properties with subdivision potential
  • Church- or nonprofit-owned land
  • Underutilised institutional property
  • Surplus commercial sites
  • Distressed residential properties
  • Mobile-home or motel redevelopment opportunities
  • Land near major employers or transportation
  • Sites suitable for mixed-income communities
  • Properties that may be contributed to a joint venture

Depending on the opportunity, Latitude 98 may consider purchasing the property, entering into a development agreement, forming a joint venture, using a ground lease, or coordinating a phased acquisition.

Lenders, Tax-Credit and Public-Funding Partners

Affordable housing frequently requires a capital structure involving multiple public and private funding sources.

Latitude 98 is interested in working with:

  • Banks and community lenders
  • Community development financial institutions
  • Tax-credit investors
  • Affordable housing funds
  • Public agencies
  • Bond-financing partners
  • Philanthropic organizations
  • Impact investors
  • Government-sponsored housing programs
  • Private equity and mission-oriented capital providers

Depending on the project, the capital structure may include conventional debt, subordinate financing, grants, tax credits, deferred developer compensation, land contributions, fee assistance, or other approved funding sources.

All financing structures would be evaluated based on project feasibility, compliance requirements, affordability restrictions, construction risk, operating performance, and long-term sustainability.

Employer and Workforce Housing Partnerships

Housing affordability directly affects employee recruitment, retention, commute times, and workforce stability.

Latitude 98 welcomes opportunities to work with:

  • Hospitals and healthcare providers
  • Schools and universities
  • Municipal employers
  • Public-safety organizations
  • Hospitality companies
  • Aviation businesses
  • Industrial employers
  • Large service-sector employers
  • Chambers of commerce
  • Workforce-development organizations

Employer-supported housing strategies may include:

  • Workforce rental communities
  • Attainable for-sale homes
  • Employer-assisted down payments
  • Land contributions
  • Master leases
  • Preferred employee programs
  • Housing near employment centres
  • Public-private workforce initiatives

Projects must be designed to comply with applicable fair-housing, funding, lending, and program requirements.

Our Community Housing Process

1. Identify the Housing Need

We begin by understanding the intended residents, income levels, unit types, affordability requirements, service needs, and community priorities.

2. Evaluate the Site

We review zoning, density, utilities, access, environmental conditions, flood exposure, transportation, nearby services, schools, employment, and construction feasibility.

3. Establish the Partnership

We identify the appropriate roles for the landowner, municipality, housing authority, nonprofit, lender, investor, contractor, operator, and community stakeholders.

4. Build the Financial Structure

We evaluate conventional financing, public resources, land contributions, incentives, grants, tax credits, fee assistance, and other potential funding sources.

5. Complete Planning and Approvals

Our team coordinates design, engineering, entitlements, community engagement, permits, and agency approvals.

6. Construct the Project

Construction is managed with attention to quality, budget, scheduling, durability, energy performance, accessibility, and funding compliance.

7. Deliver and Preserve the Housing

Completed homes may be sold to qualified buyers, leased to eligible residents, transferred to a nonprofit or housing partner, or retained under a long-term affordability and operating structure.

Durable, Efficient and Resilient Housing

Affordability should not require sacrificing construction quality.

Community Housing projects should be designed to reduce long-term operating and maintenance costs through practical features such as:

  • Durable roofing and exterior materials
  • Energy-efficient heating and cooling
  • Efficient windows and insulation
  • Water-conscious fixtures
  • Moisture and drainage management
  • Storm-conscious construction
  • Low-maintenance interior finishes
  • Accessible design where appropriate
  • Functional storage
  • Safe outdoor and community spaces
  • Generator or backup-power planning where feasible

A home that is affordable to purchase or rent must also be reasonably affordable to operate and maintain.

Orlando and Central Florida Service Area

Latitude 98 evaluates Community Housing opportunities throughout:

  • Orange County
  • Seminole County
  • Lake County
  • Osceola County
  • Volusia County
  • Polk County

Projects are considered individually based on local housing demand, community priorities, land availability, infrastructure, entitlement feasibility, funding resources, and the strength of the proposed partnership.

Partner With Latitude 98

Latitude 98 welcomes Community Housing opportunities from:

  • Municipalities
  • Counties
  • Housing authorities
  • Nonprofit organizations
  • Community groups
  • Landowners
  • Faith-based organizations
  • Lenders
  • Tax-credit partners
  • Public-funding agencies
  • Employers
  • Workforce organizations
  • Investors and development partners

Whether the opportunity involves one buildable lot, a scattered-site housing program, rehabilitation of an existing property, or a larger mixed-income community, we are prepared to evaluate the site and determine a practical path forward.

Let’s Create More Housing Opportunities

Strong communities require homes that residents, workers, veterans, seniors, and families can realistically afford.

Latitude 98 is committed to pursuing thoughtful partnerships that expand housing choices, improve neighbourhoods, preserve long-term affordability, and create lasting value throughout Orlando and Central Florida.