Universal Parks & Resorts announced its rebranding itself to better reflect the innovative offerings the company brings to fans around the globe.

Universal Parks and Resorts announced leadership changes coming in 2022.

Universal Parks and Resorts along with leaders in Orange County have now selected a developer to build and design a new 20-acre affordable housing community.

Universal Parks & Resorts is looking for a developer who can bring their vision of affordable housing to fruition. The affordable housing community will sit on a 20-acre site that the company has pledged for exclusive use in an effort to help one of the region’s most challenging problems: the lack of affordable housing. Officials said Universal will donate the land to a nonprofit entity and work with the developer to ensure the property is used for affordable housing in perpetuity. Universal said it will manage the developer selection process and will also work to create the development agreement with Orange County. And the benefits to our community will be real.”For more information on the new initiative, click or tap here.

ORANGE COUNTY, Fla. – Orange County Mayor Jerry Demings on Monday announced a new public-private partnership meant to tackle the county’s affordable housing crisis. The mayor stood alongside Universal Parks executives to announce the initiative, which would increase affordable housing units near Universal Orlando Resort. The mayor said county officials and Universal will work together to determine how to structure the agreement. The money the county says will come out of the Community Redevelopment Area (CRA funds) specifically for the I-Drive corridor. [RELATED: Orange County mayor won’t support extending tourist tax agreement]The current agreement with the county would extend this taxing practice until 2040.