Kissimmee Cove: 73-Unit Affordable Project Advances in Kissimmee

Construction is underway on Kissimmee Cove, a 73-unit affordable housing project at 1790 N Hoagland Blvd in Kissimmee, Florida. The four-story building will offer one- and two-bedroom apartments with quartz countertops, tile flooring and Energy Star appliances.

Amenities planned for the two-acre site include a resort-style pool, fitness center, business center, library and bicycle storage. Units are restricted to households earning at or below 30, 60 and 70 percent of area median income. Osceola County's median income was listed at $88,559 as of 2025.

Housing Trust Group is the developer, with FK Architecture as architect, Hamilton Engineering & Surveying as civil engineer and Park & Eleazer as general contractor. The firm expects completion by early 2028, and the project is estimated to cost more than $30 million. Financial backers named include Raymond James, Florida Housing Finance Corporation, Fifth Third Bank and Grandbridge/Freddie Mac.

For developers and lenders, the project shows the current stack of tax-credit-style affordable financing and resiliency-focused specifications in Central Florida.