Healthy Housing Initiative Funded
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Main Street Village was awarded $500,000 in a SHIP “Forgivable Loan” by Collier County Community and Housing Services to help renovate the popular 79-unit rental community. Funds and replacement reserves will be used for a variety of interior and exterior improvements including electrical upgrades and replacement of kitchen and bath cabinetry. Renovation will start in…
Hurricane Irma made nearly 100 structures in rural Immokalee uninhabitable in a matter of hours — mobile homes lost walls and roofs, traditional homes suffered flood damage from rising storm water. Hardest hit streets were marked by piles of clothes, drywall, flooring and furniture. Finding a new permanent residence takes longer than most imagine. Those…
Rural Neighborhoods’ new 62-unit Deer Creek senior housing complex in Gainesville broke ground in the 1st Quarter! In partnership with local nonprofit Neighborhood Housing and Development Corporation, Rural is building the $16 million rental community using 9% LIHTC from Alliant Capital and JP Morgan Chase together with debt from CDFI Community Housing Capital as sources…
Rural Neighborhoods organizó recientemente su evento anual “ Regreso a la Escuela” en Everglades Village en Homestead. Cada año RN organiza el evento e invita a los socios comunitarios a participar y ofrecer servicios a nuestras 511 familias campesinas. Personal de RN y voluntarios entregaron más de 600 mochilas de libros en este emocionante evento….
La Cabana, a 110-unit senior rental community in Miramar, is Rural Neighborhoods’ initial foray into Broward County. The $42M tax credit-financed property marked a major milestone on December 13th as general partner RN and others closed on financing for the project. La Cabana represents a strategic partnership with Pinnacle Housing Group and the City of Miramar…
In early October, BankUnited presented Rural Neighborhoods with a check to support its work in Immokalee. Specifically, the donation will help preserve and create affordable housing units in this rural community. Currently, Rural Neighborhoods has 18 new units under construction in Immokalee and is in the process of acquiring 75 existing units that will undergo…