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FACILITIESPENDING

Lakeland Housing Authority AgendaPacket Regular Board Meeting 2026-05-18

LHA Plans Investment Partnership With Housing Trust Group

Approximately $2–2.3 million plus 31 project-based vouchersHOUSING AUTHORITY OF THE city OF LAKELANDHOUSING TRUST GROUPMay 18, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
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Description

Lakeland Housing Authority is seeking HUD approval to invest approximately $2–2.3 million in Arbor Manor sale proceeds and allocate 31 project-based vouchers in partnership with Housing Trust Group for the 96-unit Eddie Woodard Apartments in Mulberry. The arrangement would have LHA manage the property and secure a right of first refusal at the end of the tax credit compliance period.

Contract Details

Contract Amount

Approximately $2–2.3 million plus 31 project-based vouchers

Vendor

HOUSING TRUST GROUP

Agency

HOUSING AUTHORITY OF THE city OF LAKELAND, FL

Contract Type

FACILITIES

Document Date

May 18, 2026

Renewal Info

Future right of first refusal for LHA at conclusion of the tax credit compliance period; HUD approval required for use of funds and PBVs.

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