NeighborWorks America’s Strategic Investment Fund helped support geographic expansion of Rural Neighborhood’s shared-housing model and that seed money is reaping dividends! Casa Amigos – a 96-bed, 28-unit rental community at Esperanza Place in Immokalee recently received a $5.15M commitment from Florida Housing Finance Corporation toward 2020 construction.
Our shared-housing model enables unrelated adults to share rental apartments through individual rather than household leases. Residents enjoy landlord-paid utilities, basic furnishings and service-enriched living at a monthly cost ranging from $225 to $250 per month per person. This is RN’s 4th shared housing venture as we perfect our approach. The latest properties – Casa Juarez and Casa Amigos – encourage employer-assisted living where businesses subsidize rents for segments of their workforce.
