"Hometown Heroes" housing is moving forward
SARASOTA - Lofts on Lemon is designating nearly half of the complex's 130 units to "hometown heroes."
According to the Herald Tribune, plans to provide affordable housing for a small group of teachers in downtown Sarasota took a crucial step forward this week, as city planners approved the final design of a 130-unit building known as Lofts on Lemon. About 40% of the units at the new building on the corner of Lemon Avenue and Ninth Street are reserved for affordable housing for teachers and other civil servants, including law enforcement officers, first-responders and government employees.
The Charles & Margery Barancik Foundation originally committed $1 million to the project in exchange for 15 units specifically reserved for Sarasota County School District teachers but ended up doubling their contribution to $2 million to ensure the project got off the ground.