The Washington Park Story is One Example
In 1999, HOMES launched its first project in Washington Park, a blighted central Broward area which had not seen new construction for 25 years. H.O.M.E.S. purchased 14 scattered home sites and cleared the titles. Relationships were developed with the local homeowners’ association and Broward County government, architectural plans were drawn, and a local minority contractor was hired. ”Low” and “Very Low” income first time homebuyers were recruited, financially qualified, and provided with homebuyer education. In addition to Buyers’ own savings, H.O.M.E.S. obtained down-payment funds to pass through to the buyers, creating long-term affordability.
H.O.M.E.S. worked with other local non-profit housing providers, the neighborhood, and local government to concentrate efforts in this one neighborhood - bringing about a dramatic positive impact!
As a result, between 2000 and 2003 approximately 50 new quality single family homes were built by non-profits, another approx. 50 homes were constructed by small local for-profit builders, and Broward County made major infrastructure improvements – new sidewalks, lighting, street curbs, sewer & water lines, neighborhood signage, swale landscaping, and more! Crime was reduced, and owners of older houses began to repair, paint and landscape their homes.