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NSP2

NSP2

In 2009, Adopt-A-Family partnered with the the Lake Worth Community Redevelopment Agency (LWCRA) as a sub-grantee 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.)

Program facts:

  • 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 the innovative partnerships and collaboration that made this project possible.