Hurricane-Whipped Affordable Housing Revived

McClure Village in Pahokee took a beating from Hurricane Wilma in 2005, and the recession hampered efforts to rehab the damaged property, which houses very-low income residents. But finally, along with funding from HUD's Neighborhood Stabilization Program, Housing Trust Group was able to make the renovations, which included hurricane-hardening improvements. Snapped at the ribbon cutting for the rehab is Housing Trust Group chairman Randy Rieger, who tells us the Glades region of Palm Beach has a particular need of this kind of affordable housing. The work also involved the addition of five new units that Housing Trust developed for the Pahokee Housing Authority.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's South Florida Newsletters
Related Stories

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

Miami's Condo Craze Has Developers Spending Millions On Sales Galleries

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines