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Casa Juarez Opening Soon
Rural Neighborhood’s latest shared housing development, Casa Juarez, will open shortly, providing 32 new units. The apartment complex was constructed using $7 million in Florida Housing Finance Corporation SAIL funds and $500,000 from the Federal Home Loan Bank. Casa Juarez is located at Rural’s headquarters in Homestead and is the second shared housing complex at…
Rural Neighborhoods Celebrates NeighborWorks America Week
20 young adults and church leaders from Palm Harbor United Methodist Church helped Rural Neighborhoods celebrate NeighborWorks America Week in early June. Each year, NeighborWorks America organizations, such as Rural Neighborhoods, work with volunteers and residents to improve communities and raise awareness about the power of engaged residents. Palm Harbor youth planted 30 coconut palm…
Eden Park Clean-Up a Huge Success
Rural Neighborhoods, Collier County Code Enforcement and the Collier County Sheriff’s Office partnered with residents to hold a clean-up in early March in the Eden Park community. The event was a huge success with over 46 tons of tires, yard waste, and other garbage collected during the four-hour event. Residents hauled their unwanted items to…
Hatchers Preserve Units Near Completion
The first five units at Hatchers Preserve are almost ready for Certificates of Occupancy with the remaining units following shortly thereafter. Hatchers Preserve is Rural Neighborhoods’ most recent rental affordable housing development in Immokalee and includes 18 single-family units. It was designed by architect Ted Hoffman who also did RCMA’s Charter School in Immokalee. A…
Old Cutler Village Phase 2 closes $50M Financing
Rural Neighborhoods and Pinnacle announce closing on $32.2M in tax credit equity from Bank of America, $9.1M in conventional mortgage debt from Berkadia and Freddie Mac, and a subordinate $6M Miami-Dade Surtax loan to construct Old Cutler Village Phase 2. The five-story building with 120 workforce units located just east of the Ronald Reagan Turnpike…
Holiday Events Mark Our Rental Communities’ Year End
The December calendar was marked by holiday celebrations from Homestead-Florida City to Immokalee, Labelle and points north and east. Thanks to site managers, volunteers and generous supporters, more than a dozen celebrations took place. Events ranged from a neighborhood pot-luck celebration at Manatee Village in Ruskin to Santa Claus’ arrival at Timber Ridge at Sanders…