Florida Affordable Housing: What you need to know about Disney World’s Development
Walt Disney World is currently working with The Michaels Organization, a nationally recognized developer of affordable and attainable housing, to build a community on 80 acres of donated land. As work continues, here is what you need to know about this important project that will make a lasting positive impact for residents in Central Florida.
What is the affordable housing project?
Disney World is contributing 80 acres of land towards the development in which The Michaels Organization will build and operate a new and affordable housing development just a few miles away from the Magic Kingdom, near schools and shopping, including FLAMINGO CROSSINGS Town Center.
When will this community open?
Groundbreaking on this development is targeted for 2024, with the first units anticipated to be completed in 2026.
How many units will be available?
This housing community will include approximately 1,400 total units - over 100 higher than we had initially announced. More units means even more Florida families will get access to attainable housing, in addition to creating new Florida jobs as part of the construction and operation.
Who will live in this community?
The development, which is planned to be privately financed, will be limited to applicants within a certain income range. Information on how to apply for those who qualify will be shared when available.
Will Disney cast members and employees live in this community?
The development will be available for qualifying applicants in the Central Florida region, including Disney cast members.
How long has Disney been working on this project?
Disney has been on the front line, supporting important causes in Florida for more than five decades. This initiative has been in the works for several years as the lack of affordable housing is affecting many people across our country, including those who live and work in Central Florida. This project is the right opportunity and the right time to take action.
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