Related at the Center of Federal Affordable Housing Investigation in South Florida

Edificio Pineiro senior housing in Shenandoah. Inset: Jorge Pérez

South Florida’s biggest developer is being investigated by the U.S. Attorney’s Office as part of an expanding probe into South Florida’s affordable housing industry. Federal authorities are looking into whether Related Group‘s affordable housing arm, Related Urban, pocketed money from boosting construction costs on a senior housing project in Miami’s Shenandoah neighborhood. [Link]