NSP2

NSP2

IMG_2489In 2009, Adopt-A-Family partnered with the the Lake Worth Community Redevelopment Agency (LWCRA) as a sub-grantee for Neighborhood Stabilization Program 2 (NSP2) to rehabilitate, sell, and oversee affordable housing rentals in the community.

The program’s initial goal was to halt decline in targeted, low-income neighborhoods with high foreclosure rates and to influence positive community development. Adopt-A-Family now provides affordable rent to each family participating in the program at a rate of $575 – $725 per month, far below Fair Market Rent in Palm Beach County which is $1,240 for a two-bedroom apartment.(NLIHC, Out of Reach, 2016.)

Program facts:

  • In total, Adopt-A-Family currently operates 24 affordable rentals for low/moderate income families in Lake Worth.
  • Adopt-A-Family rehabilitated and sold 17 homes to low-income, working families in the Lake Worth community.
  • The program has a full-time case manager who works directly with NSP2 families as a liaison to community resources.
  • Enterprise Community Partners recently visited Lake Worth to spotlight the innovative partnerships and collaboration that made this project possible.

 

 

Click to read an NSP2 family success story.

Key NSP2 collaborative partner:

Lake_Worth_CRA