Florida Home Partnership has received $946,195 in Community Development Block Grant (CDBG)-Recovery Program funds from Hillsborough County’s Affordable Housing department.
The grant, meant to stimulate America’s economy with “shovel-ready” projects, will be used to construct Bayou Pass Phase III in Ruskin. The community is expected to begin pre-sales in January 2010.
The first two phases of Bayou Pass consists of 200 homes, as well as a community recreation area and pool. FHP built and sold the homes to income-eligible families who become homeowners through “sweat equity.”
According to Earl Pfeiffer, executive director of Florida Home Partnership, “Bayou Pass sold out extremely fast because it provided attractive, affordable new homes in a community setting. We’re already getting inquiries about Phase III, thanks to strong referrals.”
Bayou Pass is one of several communities in southern Hillsborough County developed, constructed and sold by Florida Home Partnership. The organization is currently offering homes in Hidden Creek in Wimauma and Sunset Hills in Dade City.