Alonzo Mourning, developers secure financing for affordable housing complex

April 7, 2015 9:56 PM

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Alonzo Mourning, developers secure financing for affordable housing complex

Former Miami Heat star Alonzo Mourning and a team of developers have secured financing for a $22.8 million affordable housing project in Overtown.

Mourning’s company AM Affordable Housing and his partner Coconut Grove-based Housing Trust Group plan to build 84 units of affordable housing at 1700 NW 4th Avenue. The units will be available for those who make 60 percent or less of the area median income.

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