The first pace of King’s Terrace affordable housing community has been completed. Pinnacle Housing Group is handling the building of the $53 million project in Miami. The project is a 15-building complex that aims to provide homes to 1,200 residents. 200 families has moved in in the first pace. 3 buildings are expected to be delivered in January. The company aims to provide affordable housing solutions to the Miami Dade’s County’s most undeserved communities. The company has received a $17 million from the U.S. Department of Housing and Urban Development’s Neighborhood Stabilization Program for the said project.