The Walt Disney Company has announced plans to build 1,300 affordable houses for workers at its Disney World Florida theme park.
Real estate company The Michaels Organisation will work as the developer for the 32ha site, which will be close to schools and the Flamingo Crossings town centre.
The project will be privately financed and limited to applicants within a certain income range.
John O’Donnell, Michaels Organisation’s chief executive, said: “We are excited to work with an iconic brand like Disney to deliver attainable housing for the Central Florida community.
“Our goal is to create a repeatable model that we hope will inspire other companies and municipalities to create high quality, attainable housing in their own communities.”
Jeff Vahle, Walt Disney World Resort’s president, said: “We will continue to find ways to use our resources to make a difference in the community we call home, and we’re excited to take this step with a nationally recognised developer.”
The initiative will be in line with Orange County’s “Housing for All” action plan.
At present, Disney has no firm timeline for construction.