ReVital Development Group

ReVital Development Group has closed financing for the construction of Sweetwater Apartments II, an affordable housing community, in partnership with Birdsong Housing Partners and The Greater Lake City Community Development Corp., a 501(c)3, CDC and CHDO.?The Sweetwater Apartments will be a multiphase development, with this initial phase creating 48 new affordable homes for families in Lake City, Columbia County, Florida earning up to 60% of the Area Median Income.?In addition to private debt, Sweetwater II was awarded 9% low-income housing tax credits from Florida Housing Finance Corporation, along with $1.375 million of funding provided by the National Housing Trust Fund.?We’re grateful for all of the partners who participated in contributing to this development, including the City of Lake City, Columbia County, Florida Housing Coalition and PNC Bank, our tax credit investor providing $13.5 million in tax credit equity. We look forward to another successful development design by PDS Architecture and Boral Engineering & Design, Marmer Construction, Inc. as the general contractor, and our green building consultant Community Development Reimagined/Diana Giraldo. Stay tuned for additional updates as we progress through construction and celebrate this exciting milestone in an upcoming groundbreaking ceremony! Thank you, Mary McKellum, Alex Floyd, John Dickinson, Vahid Khorsandian, Charles Knighton II,MSRE, Pamela Lindeback, Melanie Greenwood, Ryan Gilliland, Adriannis Suarez, P.E., Andres Boral, Tyler Petersen, Wilfredo Escobar, Brittany Dunn, Randy Wacha, UES, Columbia County Florida Economic Development, Columbia County, FL Economic Development, Lake City - Columbia County Chamber of Commerce #AffordableHousing #LakeCity #HurricaneRecovery #HurricaneIdalia #CommunityImpact #NGBS

We are proud to present Hermosa Arcadia, a newly constructed 27-unit affordable housing community in Arcadia, Florida. This development is a vital part of providing workforce housing to an area devastated by hurricanes in recent years. The apartment unit mix is comprised of all three-bedroom, two-bathroom units, offering spacious living for families. This development also features an on-site leasing office, a business center, and a multi-purpose room available for tenants. #MarmerConstruction #GeneralContractor #ExcellenceInConstruction #Multifamily #WorkforceHousing #ArcadiaHousingAuthority National Development of America, Inc. ReVital Development Group PDS Architecture

We thank ULI Southwest Florida for hosting another great event and inviting ReVital Development Group’s President, Michael Allan, to participate as a panelist at the Southwest Florida Focus Real Estate Forum. It’s always great connecting with so many existing and new contacts, whiling gaining valuable insight from Southwest Florida’s industry leaders, and always an added bonus when we get to include affordable housing in these discussions.?Thank you, Jessica Turner of Collaboratory for leading the conversation on expanding housing opportunities with Sarah Harrington of Collier County Government, Marion briggs of Sun Country Homes, Carolyn A. Johnson of Goodwill Industries of Southwest Florida and Michael Allan. #southwestflorida #affordablehousing

Last week, we officially broke ground on our newest developments, Hermosa North Fort Myers I & II! ReVital Development Group is developing Hermosa in partnership with Birdsong Housing Partners and the Lee County Housing Authority, a community that will deliver 160 affordable housing units for seniors aged 62 and over, earning up to 60% of the area median income. We’ve worked hard with our design team and general contractor to ensure Hermosa is not only affordable but also sustainable, energy-efficient, and designed with the needs of our future residents in mind.?Our goal was/is to create spaces that seniors can enjoy for many years to come – spaces that foster a sense of belonging, pride, and stability. Hermosa will be the first new development of its kind in over 30 years in North Fort Myers, and first in Lee County to incorporate the benefits of Florida Senate Bill 102 aka Live Local Act. Development funding consists of 4% and 9% tax credits, as well as construction debt provided by Bank of America, utilizes federal and state Hurricane Ian recovery funds; $5.25 million in CDBG-Disaster Recovery (CDBG-DR) and $2.75 MM of Hurricane Housing Recovery Program (HHRP), tax-exempt bonds issued by Florida Housing Finance Corporation along with SAIL, SAIL-ELI and NHTF funds, permanent debt provided by Citi Community Capital and Neighborhood Lending Partners, Inc., a Tampa-based CDFI, also providing Capital Magnet Funds. Thank you to everybody who joined us to celebrate this new community, and all who shared some words with us to commemorate this day, including Florida Housing Finance Corporation Board Member, Ryan Benson; District 4 Lee County Commissioner Brian Hamman; Thais Pepe, Neighborhood Lending Partners, Senior VP; Gerri Moll, President, Southwest Florida, Bank of America; Melanie Greenwood, Birdsong Housing Partners, Sr. VP of Development; Marcus Goodson, Lee County Housing Authority, Executive Director; Michael Allan, President of ReVital Development Group. Thank you, Jeannie Sutton, MPA, CPM, Glen Salyer, Mikki Rozdolski, Nicole Baldon, Dylan Jones, Cassandra Silvernail, Adam Hurwitz, Carina Guillard, Clare Molloy, Jeff Gibbs II, and the many not mentioned who have contributed to this project! Architect: PDS Architecture - Tyler Petersen, Wilfredo Escobar Civil Engineer: Boral Engineering & Design - Andres Boral General Contractor: Marmer Construction, Inc. - Marty Wohl, Whitney Seignious, Elizabeth Groves, E.I., Enrique de la Pezuela Interior Design: HPA Design Group - Amy Loren Becker, Alexandra Taylor, RID, Chelsea Dora-Shibley, RID Green Building and Energy Star Consultant: Community Development Reimagined - Diana Giraldo

Civitas of Cape Coral is officially open!?We closed out the month of January celebrating the Grand Opening for Civitas of Cape Coral, an affordable and workforce housing community providing 96-units of housing options for the citizens of the City of Cape Coral and Lee County earning 80% of the area median income or less. Civitas, which is Latin for “Community,” would not be possible without the perseverance of many individuals, strong partnerships and great local leadership… truly a complete Community effort!?ReVital developed Civitas in partnership with Birdsong Housing Partners and the Lee County Housing Authority, utilized an array of funding programs including Hurricane Irma CDBG-Disaster Recovery funds awarded by Florida Housing Finance Corporation. Thank you to everyone who came to celebrate this incredible community with us, all who shared some words with us to commemorate this day, including Florida Housing Finance Corporation Board Member, Ryan Benson; District 4 Lee County Commissioner Brian Hamman; City of Cape Coral Councilmembers Jennifer Nelson- Lastra and Joe Kilraine; Adam Hurwitz, Citi Community Capital, Director; Steve Auger, CEO of Birdsong Housing Partners; Marcus Goodson, Lee County Housing Authority, Executive Director; Michael Allan, President of ReVital Development Group; and one of the amazing residents of Civitas. A very special thank you to our Mistresses of Ceremony, Autumn (8) and Ava (5) Allan. Amy Yearsley Thomas, Mikki Rozdolski, Jeannie Sutton, MPA, CPM, Gloria Tate, Diana Giraldo, Community Development Reimagined, Emily Lowery, Melanie Greenwood, Ryan Gilliland, PDS Architecture, Wilfredo Escobar, Jeff Gibbs II, T. Sharon Woodberry, HPA Design Group, Virtue Wilmot, Andres Boral, Boral Engineering & Design, Vahid Khorsandian, NDC Construction Company, Steve Quasny, Justin Marshall, Fifth Third Bank, Nelson Mullins Riley & Scarborough, Nicholas Heckman #AffordableHousing #CapeCoral #LeeCounty #CDBGDR #WorkforceHousing

Congratulations Civitas of Cape Coral on your grand opening yesterday. We are excited for you and look forward to seeing how your efforts impact the community with more affordable housing. Best wishes for continued success in your future endeavors. #affordablehousing

ReVital Development Group is thrilled to be a part of this innovative community, as we will be developing the housing component in partnership with Carrfour Supportive Housing.?The Residence I & II will be a multi-phase development with up to 200 units, including units dedicated and designed specifically for individuals with developmental disabilities.?Carrfour will provide onsite supportive services for residents with intellectual disabilities, along with access to Goodwill Industries of Southwest Florida’s Pathways to Opportunity program located next door at their new headquarters and campus. We thank Lee County and the Commissioners for awarding $20 million of Hurricane Ian CDBG-Disaster Recovery funding to The Residence II, which will consist of 140 units. Stay tuned for more exciting updates! https://lnkd.in/emu69_2G #AffordableHousing #SupportiveHousing #DevelopmentalDisabilities #MakingADifference #HousingForAll Carolyn A. Johnson Ashley Price Shawn Cooper Sandra Newson Arturo Tablada Stephanie Berman Eisenberg James D. Petrone Vahid Khorsandian Michael Allan

As we reflect on 2024, we’re filled with gratitude and humility.?This year has been ReVital Development’s most productive year to date! We’re incredibly proud of what we’ve accomplished, but we know we couldn’t have done it without the support and collaboration of so many great people and partners!? With every project, we are reminded of the deep responsibilities we have to our communities.?This year, we’ve have the privilege of completing 2 developments totaling 123 affordable housing units, closed on the construction financing to start 2 new communities consisting of 160 units of affordable housing for seniors, received a funding award for a new 140-unit development, and we received full permit approvals for a new 48-unit development to begin construction in Q1 2025.??????? ?? ???? ?????????? ???????????? ???????????????? ???????????? ?????? ?????????? ?? ???????????? ???? ????????, so to say it’s been a fun (and hectic) end of the year may be a bit of an understatement! We couldn’t have achieved this without the unwavering support of our partners, the trust of the communities we serve, and the dedication of our team.?As we look ahead to 2025, we remain committed to building a future where everybody has a place to call home! ?? ?????????????? ?????????? ?????? ???? ?????? ??????????????, ?????????? ???????????????????????? ?????? ?????????????? ??????????????????, ?????????????????????? ????????????????, ????????????, ???????????????????? ?????? ?????????????????? ??????????, ?????????????? ??????????????????????, ?????????????????? ???????????????????????? ?????? ???????? ????????! ?????????????????? ????????????????????????: ? ?????????????? ???? ???????? ??????????: 96-units ? ?????????????? ??????????????: 27-units ???????????????????????? ????????????????????????: ? ?????????????? ?????????? ???????? ??????????: 72-units ? ?????????????? ?????????? ???????? ?????????? ????: 88-units ?????? ?????????????????????? ?????????????? ????????????: ? ?????? ???????????????????? ????: 140-units ???????? ???????????? ????????????????: ? ???????????????????? ????????????????????: 48-units Florida Housing Finance Corporation, Lee County, City of Cape Coral, City of Lake City, Columbia County, Federal Home Loan Bank of Atlanta, Bank of America, Citi Community Capital, Fifth Third Bank, Neighborhood Lending Partners, Inc., PNC Bank, Raymond James Affordable Housing Investments, Florida Housing Coalition, Birdsong Housing Partners, Arcadia Housing Authority, Bright Community Trust, Inc., Carrfour Supportive Housing, Goodwill Industries of Southwest Florida, Lee County Housing Authority, National Development of America, Inc., PDS Architecture, Boral Engineering & Design, HPA Design Group, Marmer Construction, Inc., NDC Construction Company, Nelson Mullins Riley & Scarborough, Carlton Fields, Tiber Hudson LLC, NDC Asset Management, Professional Management, Inc., Spiro & Associates. #AffordableHousing #CommunityImpact #HousingForAll #YearInReview

Thank you, Kaitlin Knapp and WFTX FOX 4 for recently featuring Civitas of Cape Coral! Civitas of Cape Coral is soon to open, with pre-leasing initiated and currently being held on an appointment basis only.?Civitas will provide 96-units of affordable and workforce housing, with a luxury vibe!?Offering 1, 2 and 3-bedroom units with units set aside for households earning up to 30%, 60% and 80% AMI. Full Fox 4 news story and video:?https://lnkd.in/enPqBezG #affordablehousing #workforcehousing #CDBGDR ReVital Development Group Birdsong Housing Partners PDS Architecture NDC Construction Company HPA Design Group Community Development Reimagined

Excited to announce the pre-leasing at Civitas of Cape Coral will begin tomorrow, Friday, November 15th at 9:00am, and held at the Civitas clubhouse located at 123 Civitas Court in City of Cape Coral. Civitas of Cape Coral includes 1, 2 and 3-bedroom units with rental and income limitations of 30, 60 and 80% AMI.?For more information, please visit: https://lnkd.in/ercVGNrS or stop by our beautiful clubhouse and speak with a member of our management team, Professional Management, Inc. #affordablehousing #workforcehousing #CapeCoral #LeeCounty Birdsong Housing Partners