Blessing and Dedication of Casa Sant’ AngeloAugust 14, 2023
Catholic Health Services and Catholic Housing Management, in partnership with Atlantic Pacific Companies, and in conjunction with funding partners Broward County, First Housing Development Corporation, Florida Housing Finance Corporation, and Wells Fargo, held the blessing and dedication of Casa Sant’Angelo on Friday, August 11, 2023. Casa Sant’Angelo is a high-quality affordable senior living community located in Miramar, FL for seniors 62 years and older.
The blessing and ribbon cutting were officiated by The Most Reverand Thomas G. Wenski, the Archbishop of Miami. “We are excited to open our 18th senior housing community in South Florida. This community brings 113 apartments to independent low-income seniors. Thank you to all of our staff, partners, and applicants for their support in ensuring this grand opening came to fruition,” shares Juana D. Mejia, Vice President of Housing Development & Operations for Catholic Housing Management.
The mid-rise building boasts 113 one- and two-bedroom units. Showcasing a scenic courtyard with a fountain view, the property includes a community room, library, computer room, and dedicated spaces for gathering. The location is close to restaurants and shops, while also facing the entrance to the city’s beautiful Miramar Regional Park.
Casa Sant’Angelo provides high-quality housing to seniors earning between 30% and 80% of the area median income (AMI) thanks to Housing Tax Credits (HTC) provided by the Florida Housing Finance Corporation, with Wells Fargo as the equity investor and construction lender, as well as First Housing Development Corporation as the construction and permanent lender, in addition to $125,000 in SHIP funding from Broward County. The equity and debt financing totals over $28 million in tax credit equity, $21.6 million in construction debt, and $3.635 million in permanent debt. Casa Sant’Angelo is the first development to use the new city code in Miramar that provides Impact Fee Waivers to affordable housing.
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