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The Millennia Companies Closes $52 Million in Financing for Rehabilitation and Preservation of 175-Units of Affordable Housing in Florida

The Millennia Companies Closes $52 Million in Financing for Rehabilitation and Preservation of 175-Units of Affordable Housing in Florida
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The Millennia Companies® Closes on $27.5 Million in Financing for the Renovation of Peace Lake Towers in New Orleans


An architectural rendering of Peace Lake Towers in New Orleans, Louisiana.
The construction scope encompasses enhanced security features and upgraded heating, cooling, mechanical and electrical systems. Additionally, the plan calls for the installation of a new roof, windows, and doors. Inside, crews will install energy-efficient appliances and eco-friendly materials for countertops and cabinets.
For seniors and persons with disabilities, affordable housing is critical. Since the supply of affordable housing for this population is declining while demand is increasing, we are proud to provide residents with quality housing and a community enriched with services, says Frank T. Sinito, Chief Executive Officer, The Millennia Companies®. ....

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