Habitat for Humanity of Lee & Hendry Counties
SOUTHWEST REGION
FCLF LOANS: $3 million
2 loans for land acquisition
112 affordable homes for ownership

Rosemary Park, Bonita Springs. The Garcia family was living with relatives in a cramped 16x16-foot trailer – a total of seven people. Now in their Habitat Home, the Garcias are enjoying the freedom of owning their own home in Renaissance at Rosemary Park in Bonita Springs.

The need for decent, affordable homes in Bonita Springs continues to increase. In recent years, Habitat for Humanity of Lee and Hendry Counties has helped nine low-income families become homeowners in the small housing development of Renaissance at Rosemary Park. New homes were constructed with funds raised and volunteer work by caring residents of nearby communities.

Buildout of the remaining three homesites is planned for the next fiscal year. When undeveloped land just south of Rosemary Park became available, Habitat was able to secure the land with financing through Florida Community Loan Fund. The parcel will accommodate a minimum of 10 new Habitat homes – and the opportunity for 10 families to break the chains of poverty through home ownership.

Majorca Palms, Fort Myers. Majorca Palms is a planned unit development of 150 twin villa rental units in east Fort Myers, started in 2005 by a private developer. With infrastructure for the project fully completed, only 60 units were done when the project fell into bankruptcy. With financing from the Florida Community Loan Fund, Habitat for Humanity of Lee and Hendry Counties purchased the development in October 2013, with plans to build 42 single-family homes on the remaining lots, and ultimately offer the rental villas for purchase. With two different home types, Habitat will be able to address homeownership for families with varying low incomes. Construction of the first single-family home in Majorca Palms is slated for Spring 2014.

www.fclf.org
www.fclf.org/borrowers/meet-our-borrowers/286-habitat-for...
17 photos · 16 views