Paving the Way for an Emerging Homebuyer Market
In partnership with the City of West Palm Beach, Neighborhood Renaissance constructed and sold five 3 & 4BR homes in Pleasant City to low-income homebuyers. These were the first single-family owner occupied homes to be built in Pleasant City in over a decade.
Mayor Keith James welcomes Ricky Gutuerrez, new Pleasant City Homeowner.
MEET THE GUTIERREZ LOPEZ FAMILY…
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 not far from Currie Park where I played soccer. Neighborhood Renaissance helped make my dreams of becoming a homeowner a reality for me and my little girl!” said Ricky.
CITY OF LAKE WORTH
The donation of vacant lots by the Lake Worth CRA through their Neighborhood Stabilization Program 2 helped Neighborhood Renaissance to construct and sale two single-family homes to moderate-income buyers helping to further stabilize West Village.
$1.64 Million Invested
Vacant Lots Transformed
Infill Single-Family Funding Partners
- City of West Palm Beach: Donated 4 Vacant Lots and $544,726 CHDO/HOME
- City of Lake Worth CRA: Donated 2 vacant lots
- Publix Charities: $30,000 Development Grant