Walt Disney World is earmarking nearly 80 acres of their land for a new affordable housing development – right in Central Florida.
“We are invested in working together with our community to solve complex issues,” said Jeff Vahle, president of Walt Disney World Resort. “The lack of affordable housing is affecting many people across our country, including right here in Central Florida. With this initiative, we’re lending a hand to make a real and meaningful impact in our community by tapping into the best of our company’s strengths. This is the right opportunity and the right time to take action.”
The development, which is expected to include more than 1,300 units, will be constructed by a third-party affordable housing developer and will be located on Disney’s land in southwest Orange County, Florida. It will offer Central Florida residents a variety of home choices that are affordable and attainable, in a great part of town near schools and the new and expanding Flamingo Crossings Town Center retail and dining complex. The development will be available for qualifying applicants in the region, including Disney cast members.
News & Media Source: Disney Parks