Health care giant invests nearly $8M in affordable housing project

CVS Health to work with Tampa affordable housing developer and nonprofit on 61-unit development


  • By Louis Llovio
  • | 11:30 a.m. November 23, 2021
  • | 0 Free Articles Remaining!
COURTESY: CVS Health is investing in an affordable housing project in Tampa.
COURTESY: CVS Health is investing in an affordable housing project in Tampa.
  • Tampa Bay-Lakeland
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TAMPA — CVS Health is investing in an affordable housing project in Tampa.

The health care giant announced it is putting $7.7 million toward a 61-unit complex on North 12th Street, just north of E. Fletcher Avenue. The money will be invested with the Raymond James Tax Credits Funds, according to a statement. 

The development, Uptown Sky, will include two- and three-bedroom units at reduced rents for families who can show a financial need. In addition to the residences, the development will include a neighborhood center offering services like computer and workforce training and classroom space for dance, art, yoga and other classes that "encourage healthy habits."

 

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