The Riviera Beach Housing Authority has partnered with the Housing Trust Group, LLC, a leading multifamily developer that has been ranked the top affordable housing developer in the State of Florida and number 22 in the country – by Affordable Housing Finance’s latest rankings of the Top 50 Affordable Housing Developers of 2016. The former Ivey Green Village public housing site is currently being redeveloped as a new affordable residential community to be known as Heron Estates.

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The Riviera Beach Housing Authority's Board of Commissioners has revised the development plan for Heron Estates into two phases. The first phase will be a 101-unit, three-story building for seniors with amenities and a pool. The second phase will be a 79-unit family community with a clubhouse and outside recreational features. Both of these communities will be located  around a lake feature for all to enjoy.

Funding for these projects is a financing mix provided by Florida Housing Finance Corporation, Palm Beach County Housing Finance Authority and U.S. Department of Housing and Urban Development (HUD).