Renovation of The Roberts

Last updated on March 31, 2022

On March 31, the City of Orlando, Commissioners, and partners celebrated the re-opening of the fully renovated senior housing community of The Roberts, formerly Baptist Terrace. 

The 14-story building was constructed in 1969 and financed in a way that established affordability and age restrictions through 2021. Upon expiration of those affordability requirements, the building would no longer have restrictions on rental rates or on tenant incomes. Which means, this property, which is centrally located in downtown Orlando, could have been purchased by a private developer for redevelopment or for the units to be converted into luxury apartment or condominium homes. 

With a $1 million contribution from the City of Orlando’s Community Redevelopment Agency and through the power of partnership, the building remains true to its original vision and mission to be affordable housing for our 225 senior residents who call The Roberts home.  

We would like the thank the organizations involved in the purchase and renovation of this property: 

  • the Orlando Neighborhood Improvement Corporation 
  • Orange County Housing Finance Authority 
  • Florida Housing Finance Corporation 
  • Redstone Equity Partners and 
  • Bank of America. 

This housing community aligns with the city’s priority to ensure that every person in our community – regardless of economic status or age – has access to quality housing that is safe and affordable.  

This renovation and the future of this building is a victory for our entire community.  

 

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