Disney has announced that they have set aside 80 acres of land near Walt Disney World for the construction of affordable housing. The development is expected to include 1,300 units and will be located on Disney’s property near Flamingo Crossings Town Center.
The units will be built by a third-party affordable housing developer and will be available to qualifying applicants, including Disney cast members.
Jeff Vahle, President of Walt Disney World Resort, on the announcement.
“We are invested in working together with our community to solve complex issues. The lack of affordable housing is affecting many people across our country, including right here in Central Florida. With this initiative, we’re lending a hand to make a real and meaningful impact in our community by tapping into the best of our company’s strengths. This is the right opportunity and the right time to take action.”
Disney did not provide any timelines for when construction may begin or when they hope to have this project completed.