In 2005, the Hannibal Square Community Land Trust (HSCLT) was established with the purpose of creating and maintaining permanent affordable housing in Winter Park and surrounding Central Florida neighborhoods.
Investors have been flipping homes in Hannibal Square, a historically black community in Winter Park, for a profit since the early 2000s. They purchase land, sometimes two side-by-side parcels, tear down the existing structures, and build high-priced homes in their place. Many feel that this process has gentrified the neighborhood, making the area unaffordable for many. Read more on 32789.com.
