Volusia County has received Community Development Block Grant-Disaster Recovery (CDBG-DR) funding from the U.S. Department of Housing and Urban Development (HUD) to assist in recovery efforts from Hurricane Ian. The multi-family program provides gap funding to cover costs that exceed the available resources for new multi-family housing projects. This initiative supports low-income families and seniors by providing funding for affordable housing.
On Tuesday, February 18, 2025, Transform386 presented four multi-family housing projects to the Volusia County Council during their meeting. The County Council has approved the following projects to move forward, subject to development plans and permits being approved by appropriate jurisidictions. Click here for more information on the approved projects.
Location: Daytona Beach
Project Type: 56-unit Senior Housing (aged 62 and older)
Funding Approved: $1,960,000
Location: DeLand
Project Type: 84-unit Affordable Housing
Funding Approved: $2,788,076
Location: New Smyrna Beach
Project Type: 60-unit Affordable Housing
Funding Approved: $3,600,000
Location: Orange City
Project Type: 80-unit Senior Housing
Funding Approved: $2,091,495