Palm Beach County is preparing to issue low-interest loans for affordable and workforce housing. The county has $81 million available for this purpose. Some prominent real estate players in South Florida are seeking this financing.

The funding is intended to support the development of housing for individuals with restricted incomes. Further details on the loan recipients and the specific projects to be funded are available from The Real Deal. The Palm Beach County commission is scheduled to vote on the funding, which could help finance over 1,000 units of housing.