Immokalee Housing Project Fills Up

This past week our legislators slashed $190M in affordable housing construction. Just as essential elected officials broke faith with working people, investors and other governments as it violated signed loan commitments previously agreed. Such rash, unthinking action results in the loss of $1B in construction expenditures, a thousand jobs and the risk of bankruptcy to…

The challenges of site acquisition, land use, and competitive financing are no different in communities targeting agricultural workers than in other affordable rental communities, said Kirk. “The added complexity in serving farmworkers is to understand agricultural markets and wages, and to layer sufficient subsidies to reach affordability.” Read the article Seeds of Change

National public accounting firm Cohn Reznick Group profiles Rural Neighborhoods in a short video. Tom Neibaur, Director of Operations says, “We can put up the bricks and mortar, that’s the easy part. We could never have mastered the finance and accounting intricacies of our project without Cohn Reznick Group’s help.” Please click on the full…

Metro commissioners have agreed to turn the reins of the financially troubled Everglades Migrant Labor Camp over to a 15- member nonprofit corporation controlled by farmworkers. The management plan accepted last week was a blend of proposals forwarded by rival camp factions who recently have smoothed out their differences. Read the article Nonprofit Group to…

Agricultural workers play an important part in Okeechobee’s economy. An apartment complex has just opened that is especially designed for that segment of our population. The Oaks at Shannon’s Crossing held a grand opening and ribbon cutting.  

Without the stimulus funding, the project “would have died on the vine,” says Kevin Tatreau, director of multifamily development for Florida Housing Finance Corporation.  “Stimulus allowed for less than 60% AMI, says Steven Kirk, President of Rural Neighborhoods. “We try to get as many units set aside for extremely low income so farmworkers can take…