New Affordable Housing Complex Comes to Life
“In an influential stride toward addressing the affordable housing crisis, McDowell Housing Partners proudly hosted a grand opening ceremony and ribbon cutting Tuesday for Ekos Magnolia Oaks, a 110-unit low- and middle-income housing community nestled in the heart of Tallahassee’s south side.
The development consists of 30 one-bedroom, 65 two-bedroom, and 15 three-bedroom apartments, specifically designed to cater to families needing affordable housing solutions.
One of the primary purposes of this project is to present families in Tallahassee with housing opportunities that align with their economic circumstances. The apartments at Ekos Magnolia Oaks are exclusively reserved for families with incomes at or below 33% – 60% of the area median income. With rental rates varying from a modest $427 to $1,203 per month, this community aims to create comfortable, quality housing for a broader range of individuals and families…”