Like many areas of Collier County, residential development is slowly picking up in Immokalee, where developers are building new homes for low-income renters and for buyers willing to pay $179,900 or more.
Nonprofit Rural Neighborhoods expects to finish construction of 18 single-family homes next month that will be rented to low-income residents in Hatcher’s Preserve, north of Westclox Street and west of Carson Road. The homes, targeting lower-wage workers like service or retail employees, will be rented for between $650 and $725 a month to families who meet income requirements. A family of four, for example, must earn $52,500 a year or less to qualify.
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