PARRAMORE, Fla. — Orlando city leaders are starting the week focused on creating more affordable housing opportunities in the Parramore neighborhood.
What You Need To Know
The city of Orlando is set to approve the sale of 8 single-family homes in Parramore as part of the third phase of its Infill Housing Initiative
This initiative aims to increase affordable housing options in the Parramore area
As for Phase III though, the city expects that the sales of these 8 new homes will generate a minimum of $1.8 million in revenue
To purchase a Phase III home, applicants must qualify for a first mortgage of at least $225,000 with a city-certified lender and are eligible for down payment assistance
Officials are set to approve the sale of eight single-family homes in Parramore to increase owner-occupancy there.
The project, which began in 2018, is currently in its third phase.
Initially, the city planned to include three homes on city-owned lots, located at 748 Short Ave. and 748 & 749 S Lee Avenue, but it has expanded to eight homes with the addition of five more city-owned lots located at 839 Short Ave., 748 Jernigan Ave., 749 Quill Ave., 805 McFall Ave.and 622 Conley St.
Phase III homes will fluctuate in price between $365,000 to $380,000.
Since its implementation, this initiative has been a financial asset for the city.
Phases I and II resulted in the construction of eight single-family homes between 2018 and 2019.
That generated a total of $1 million in revenue for the Community Redevelopment Agency or CRA.
As for Phase III, though, the city expects that the sales of these eight new homes will generate a minimum of $1.8 million in revenue.
To purchase a Phase III home, applicants must qualify for a first mortgage of at least $225,000 with a city-certified lender.
Both the city and the CRA are offering down payment assistance to help homebuyers fill in any funding gaps.
All the homes from Phases I to III are sold at appraised value to qualified owner-occupant first-time homebuyers or first responders, according to the city.
This initiative isn’t the only city-led effort intended to increase homeownership in Parramore.
Orlando’s new “Unlocked Open-Door Program,” which was approved earlier in March 2026, will convert more than 300 vacant lots in the neighborhood into privately owned single-family homes.
The goal is to increase homebuilding and homeownership opportunities in Parramore.
Eligible buyers can receive $45,000 toward payment assistance from the city on a single-family home, potentially wiping out the need for a down payment on a new home.
City commissioners will vote on Phase III of the “Infill Housing Initiative” during their city council meeting, which kicks off at 2 p.m.