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Rural Neighborhoods Portfolio Grows!
Rural Neighborhoods completed its long-awaited $4.85M purchase of the Timber Ridge and Sanders Pines rental communities in Immokalee. These properties were built in the 1990’s by non-profit developer Immokalee Housing and Family Services (IHFS). Funds for the acquisition were provided by Community Housing Capital, Florida Housing Finance Corporation and Federal Home Loan Bank. Rehabilitation work…
Bank United, FHFC and Casa Amigos
In late May, BankUnited and Florida Housing Finance Corporation closed loans to Rural Neighborhoods for its newest rental community in Immokalee, FL. Nearly $6M was raised to build 96 SRO beds targeting low-income, H-2a visa worker and agricultural labor housing. Rural continues to serve as a national leader in housing models serving farmworkers and Casa…
Trinity by-the-Cove Grant Received
Rural Neighborhoods was one of 11 community organizations to receive a grant from Trinity by-the-Cove Episcopal Church in February. RN will use the generous donation to further its $2.5 million renovation at its Timber Ridge at Sanders Pines apartment complex in Immokalee. Specifically, the funds will cover improvements to the newly created community garden and…
Casa Amigos/Strategic Investment Fund
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…
Finding New Homes Post-Disaster
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…
COVID Support for Residents
Earlier in the year, members of Rural Neighborhood’s sewing group happily agreed to help their community when asked to sew face masks for farmworkers and their families in Immokalee. The group, which started approximately four years ago, meets weekly to learn sewing. Lusvi Perez is the volunteer instructor and enjoys helping members learn a skill…