{"id":134,"date":"2017-10-17T18:19:57","date_gmt":"2017-10-17T22:19:57","guid":{"rendered":"http:\/\/www.invictusdev.com\/?page_id=134"},"modified":"2021-09-09T10:27:28","modified_gmt":"2021-09-09T14:27:28","slug":"parramore-oaks","status":"publish","type":"page","link":"https:\/\/www.invictusdev.com\/?page_id=134","title":{"rendered":"Parramore Oaks Apartments"},"content":{"rendered":"\n

Location:<\/strong> Downtown Orlando, Florida <\/p>\n\n\n\n

Parramore Oaks is a mixed-income, multi-family community located in the historic Parramore Neighborhood of downtown Orlando, Florida, minutes away from Orlando\u2019s Central Business District, Amway Center, and the Creative Village. Parramore Oaks is planned as a two-phase development that will total 211 affordable multi-family residences once complete, comprised of 4-story multi-family apartment buildings as well as two-story stacked apartment buildings.<\/p>\n\n\n\n

Phase 1 of Parramore Oaks totals 120 units which finished construction in December of 2019 and operates consistent with the 40\/60 minimum set-aside as required by Section 42 of the Internal Revenue Code (\u201cIRC\u201d). Phase 2 will consist of 91 additional multi-family residences which will operate consistent with the newly established \u201cAverage Income Test\u201d. Phase 2 of Parramore Oaks is anticipated to begin construction in Fall 2021.<\/p>\n\n\n

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