In 2009, Adopt-A-Family joined a consortium of local entities led by the Lake Worth Community Redevelopment Agency (LWCRA) to buy, rehabilitate, and sell foreclosed properties in the city of Lake Worth through the Neighborhood Stabilization Program 2.
The program’s initial goal was to halt the decline in targeted, low-income neighborhoods with high foreclosure rates and to influence positive community development.
Adopt-A-Family rehabilitated and sold 17 homes to income-qualified buyers in Lake Worth. In addition, the agency rehabilitated 24 homes into rental units. The 24 units are scattered throughout the city of Lake Worth. Rent is significantly below fair market value, and Adopt-A-Family provides case management and support services to all residents.
Enterprise Community Partners visited Lake Worth to spotlight innovative partnerships and collaboration that made this project possible: