Pleasant City

 

Through a partnership with Neighborhood Renaissance, a nonprofit Community Housing Development Organization, the City invested $335,000 of federal HOME/CHDO funding and donated four vacant lots that resulted in the development of five quality built energy efficient 3 and 4 BR single-family homes for low-income families.   Prior to the construction of these homes, there had been no new homeownership opportunities for decades. The City’s investment has helped to pave the way for an emerging homebuyer market in Pleasant City.


A Dream Comes True for Single Dad

Rickys Story

Proud new Pleasant City homeowner Ricky Gutierrez Lopez with West Palm Beach Mayor Keith James

Single father, Ricky Gutierrez Lopez, had sticker shock searching for his first home. Luckily, his realtor sent him a listing of a newly built house in Pleasant City developed by Neighborhood Renaissance near downtown West Palm Beach.  After seeing the 3BR and 2BA single-family house, Ricky knew it was the right one.  “What attracted me was the fact it was new construction and the sales price was in my budget. I also like that it was in the North End of the City, where I grew up and is not far from Currie Park where I played soccer.”

The challenges that Ricky faced rings true for many would be homebuyers.   Existing home and new construction prices are out of reach for low- and moderate-income buyers like Ricky, making it difficult to find a modest home suitable for family living.  Because the City of West Palm Beach provided development subsidy for construction, and Third Federal Savings and Loan made the buyer financing affordable, Ricky found his way home.    

“Thanks to Neighborhood Renaissance and staff, my home buying experience was great.  After my inquiry, I received a response to my email and the ball began to roll.  I believe communication was key.  Neighborhood Renaissance helped make my dreams of becoming a homeowner a reality for me and my little girl!” said Ricky.