Non-profit Home Builder Offers Affordable Apartment Rentals

Florida Home Partnership Acquires and Renovates its First Apartment Building

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NSP apartment building renovated by Florida Home Partnership

Quote startThe quality built into these apartment units is far above the norm.Quote end

Ruskin, FL (PRWEB) March 30, 2012

On Tuesday, March 13, Florida Home Partnership (FHP), a nonprofit Community Housing Development Organization (CHDO), celebrated its first apartment building acquisition through HUD’s Neighborhood Stabilization Program (NSP) as administered by Hillsborough County, Florida.

NSP is part of the Housing and Economic Recovery Act of 2008 which addresses abandoned and foreclosed properties in an effort to remove blight from neighborhoods; and invest funds in the community. NSP has brought an economic impact of more than $3 million to local businesses.

Florida Home Partnership has renovated this multi-family building to expand upon its mission to offer safe, decent and affordable housing for low to moderate income residents. The beautifully renovated apartment building is located at 1213 E. 127th Avenue, Tampa, FL in the University Area (north of E. Fowler Ave. and east of N. 15th Street). Fenced-in and energy-efficient, the building features four apartment buildings with approximately 765 square feet of comfortable living spaces and private parking for residents and guests. Each building has two bedrooms, commercial grade carpeting; with new bathroom fixtures as well as re-tiled kitchens and brand new appliances (including washers, dryers, microwaves, stoves and refrigerators). Equipped with separate storage spaces, fully handicap accessible accommodations for kitchen and bathrooms are available for one ground-level apartment, while the other ground-level building is partially converted for a resident with disabilities. The two upstairs apartments feature vaulted ceilings and illuminating sky lights. Attractive French Doors open up to the comfortable balconies and patios for residents to enjoy the Florida-friendly courtyard.

Nancy Griffin, Community Development Manager for FHP’s Neighborhood Stabilization Program, commented, “So far, FHP has renovated 16 foreclosed homes and returned them to the affordable housing market; and we’re proud of our first renovated apartment building.” She goes on to state, “The quality built into these apartment units is far above the norm, and offers comfortable, energy efficient living for our new residents. We look forward to acquiring and renovating more NSP properties with Hillsborough County.”

About the Florida Home Partnership
Florida Home Partnership (FHP) offers affordable homeownership opportunities to low and moderate-income first-time homebuyers. Utilizing the USDA Mutual Self-Help Housing Program (SHOP), the government program began over 40 years ago, and mirrors the "barn raisings" of the Quakers with neighbors helping neighbors build their homes together. No construction experience is necessary. FHP provides participants with guidance and tools. Determination and hard work build equity in the new homes. This program is ideal for those desiring homeownership in rural communities but having limited resources. For more information about the program, call 813-672-7860 or visit http://www.flhome.org, friend us at - http://www.facebook.com/Floridahome, follow us at - @flhome1.


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