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Housing Finance Authority of Pinellas County Receives Award

Pinellas County Housing Finance Authority Receives Award 041916.picture2016-Saxon|Gilmore is pleased to announce that the Housing Finance Authority of Pinellas County, Florida has received the Multifamily Excellence award from the National Association of Local Housing Finance Agencies (“NALHFA”) for Pinellas Heights Senior Apartments (“Pinellas Heights”).

The 153-unit apartment complex for seniors opened in 2014. It includes one and two bedroom apartments. The affordable living community has a library, a fitness center, a laundry center, and a TV lounge on every floor, as well as a shuffleboard court and other amenities.

Pinellas Heights was designed by Bessolo Design Group, Inc. and constructed by Brooks & Freund. The complex was built to be hurricane resistant and meet Florida Water Star requirements. The construction was made possible by financing from a number of sources including the Housing Finance Authority of Pinellas County, Florida, JP Morgan Chase Bank, N.A., Pinellas County, the Pinellas County Housing Authority, RBC Tax Credit Equity, LLC, and PNC Bank National Association. The developer was Norstar Development USA, LP.

Saxon|Gilmore serves as general counsel to the Pinellas County Housing Authority. The firm has developed specialized expertise in public finance and in the representation of housing authorities and related institutions. The attorneys at Saxon|Gilmore have extensive experience with mixed finance projects, including bonds, tax credits, and other government funding. Saxon|Gilmore is general counsel to numerous housing authorities throughout Florida, and acts in a consulting capacity on special projects to housing agencies throughout the country.