Over 10 years ago, Adopt-A-Family partnered with the Lake Worth Community Redevelopment Agency (LWCRA) 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 $1,370 for a two-bedroom apartment. (FY Fair Market Rent Documentation System, 2018.)
- 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 visited Lake Worth to spotlight innovative partnerships and collaboration that made this project possible.