An affordable housing program passed its first hurdle last week. On Feb. 17, the Lakeland City Commission will be asked to proceed with a project to offer roughly 80 city-owned lots for sale at 120% of assessed value to developers to build houses or apartments aimed at buyers and tenants whose family income is up to 120% of the city’s median. Non-utility impact fees would be waived once houses are sold to qualifying families.
Source: The Ledger