Amidst the pressing need for affordable housing in Tampa, the city is taking a significant step forward with the groundbreaking of a new 188-unit development. With a staggering waitlist of 20,000 individuals seeking affordable housing, the project aims to address the critical shortage and provide hope to those in need.
Tampa Housing Authority is undergoing a major transformation of the West River Community, with the groundbreaking ceremony scheduled for Thursday, Feb. 22 at 10 a.m. The $63 million project will feature a range of one, two, three, and four-bedroom units, catering to varying income levels.
The new development will allocate units based on income levels, ensuring accessibility for those earning 80%, 50%, and 30% of the area median income. The project marks a continuation of the city’s efforts, with over 800 mixed-income units already constructed and nearly 200 more nearing completion next month.
Dubbed Canopy Phase II, the project represents a significant milestone in the revitalization of the West River community. David Iloanya, Director of Real Estate Development at Tampa Housing Authority, envisions a vibrant and connected neighborhood, emphasizing the transformation from a community devoid of amenities to one filled with parks, trails, and a sense of community.
With Canopy Phase II slated for completion in 2025, the overall project aims to accommodate an estimated 2,000 mixed-income families, providing much-needed housing options for Tampa residents. Despite the challenges ahead, project leaders remain committed to the vision of a thriving, inclusive community.
