Hillsborough to Fund Affordable Housing Complex in Riverview

Hillsborough County, Fla. (Nov. 16, 2022) - The Hillsborough County Board of County Commissioners today approved $6.2 million in funding to build a 116-unit affordable housing apartment complex in Riverview.

All units will be rented at below market rates to residents making 80% or less of the area's median income. About $4.7 million of the cost will come from the County's Local Affordable Housing Fund and $1.5 million from the State Housing Initiative Program.

The complex will be built at Mathog Road and Gibsonton Drive and owned and operated by Fulham Terrace Ltd.

Hillsborough County has prioritized addressing affordable housing issues, investing more than $54 million into the community in 2021, directly impacting more than 24,300 households. The programs and services funded by the County focus on creating new affordable housing opportunities, training for residents to further their careers in order to afford home ownership, and infrastructure improvements that enhance the communities around them. For more information on Hillsborough County affordable housing, visit HCFLGov.net/affordablehousing.