Affordable housing offers developer rich pursuit
But spiraling land prices are squeezing such projects out of Central Florida
In 1988, Alan Ginsburg decided to use the federal government’s new tax credits for low-income housing to accomplish two things: provide affordable rental housing for people, and build a thriving business for himself.
He has done both, riding the popularity of such tax-subsidized development to create one of the nation’s largest apartment companies, based in Maitland.