Deer Creek

2166 NW 55th Boulevard, Gainsville, FL 32653

Dominium in tandem with Rural Neighborhoods and Neighborhood Housing and Development Corporation successfully closed on Deer Creek Senior Housing. Dominium, through its pro-bono efforts, provided development services to these non-profit co-developers to further the joint mission of providing high-quality, safe affordable housing.

Located on NW 55th Blvd in Gainesville, Florida, Deer Creek Senior Housing will be a shining example of the continuation of that mission. Once constructed, the $16 million dollar project will provide 62 units of affordable senior housing to the local community. Of those units, seven (7) will serve income-qualifying households earning 33% or less of the area median income.

The debt financing includes a construction and permanent loan origination from Community Housing Capital, a CDFI nonprofit lender. The equity investment of the federal low-income housing tax credits were purchased by JP Morgan Chase through Alliant Capital. We would like to direct a special thanks to Florida Housing Finance Corporation for the allocation of the 9% competitive tax credits.

Our development partners include the City of Gainesville, Nelson Mullins, Verdex Construction, Hoffman-Facundo Architects, Fetner Engineering, among many others. We would like to extend our greatest appreciation to their efforts and assistance on this project.

Deer Creek
2166 NW 55th Boulevard, Gainsville, FL 32653 Directions