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Jul 14, 2026
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Palm Beach County Invests $13M in Affordable Housing

OBBM Network Editorial Staff
July 14, 2026
Palm Beach County Invests 13M In Affordable Housing

Palm Beach County has finalized a $13 million financing agreement to support the development of the Waterview Apartments at Mangonia Park. The apartment complex will be an affordable multifamily rental housing community.

Affordable Housing Details

The financial package, which closed on July 2, includes a $7,870,000 loan through the county’s Housing Bond Loan Program and a $5,130,000 loan through the Housing Initiatives Program. The project will provide 140 county-assisted, spacious one-bedroom rental units. 56 of the units will be reserved for households earning at or below 30% of the area median income. 84 units will be reserved for households earning at or below 80% of the area median income.

Original reporting: WPBF (Treasure Coast / Hearst) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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