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 Amigos is a continuation of its shared housing model rolled out in other locales including Ruskin and Florida City. “Florida Housing Finance Corporation has more than 20 years innovation and leadership in serving our state’s farmworkers,” Steven Kirk remarked. “It’s a two-way partnership, and for all that time, each of us have sought ways to adapt to the need and the changing character of the workforce. BankUnited joins in that effort as it seeks ways to better serve its Collier Market.”