New affordable housing coming to Cape Coral
Nearly 100 affordable apartments are coming to Cape Coral.
Civitas of Cape Coral will sit on 4.6 acres of land at SW Pine Island Road and Nicholas Parkway.
It will be Cape Coral’s first affordable housing development in more than 20 years. “We had a severe deficiency in multi-family apartments, specifically rentals,” said Amy Yearsley, housing coordinator for the city. “This is the first time that we have a product that really meets the needs of our community.”
Rent will range from $388 to as high as $1,400 with utilities included. The Boys and Girls Club will build a facility there for after school programs and summer camp. This could be a much-needed break for families trying to make ends meet.
“It really makes an impact on their lives when they’re not spending half of their money just to keep a roof over their head,” Yearsley said.
Not only does it help the city with its housing issues, but it makes Yearsley feel good as well. “It’s very rewarding. It’s probably the best part of my job for sure, being able to see working-class families have a roof over their head that they’re able to afford.”
Construction on Civitas of Cape Coral is set to begin in April 2021.
The reason it has taken so long for Cape Coral to get a new affordable housing development is that it’s difficult to find plots of land that are large enough. Yearsley hopes more projects like this are done in the future.