5900 NW 7th Ave Miami, FL
Tuscany Cove, in Miami, Florida, is a 160-unit apartment complex for seniors. Developed on 1.52 acres, it offers studio, one- and two-bedroom floor plans and is targeted to seniors earning between 33% and 60% of the area median income. Amenity features include a fitness center, computer lab, media center, community room, yoga studio, backup generator, and garage parking.
Development costs were structured using funding sources including SAIL, ELI a Miami-Dade County Surtax, City of Miami HOME, LIHTC equity, and a construction loan.