Habitat for Humanity of Broward

Pompano Beach, FL (2021)

Habitat for Humanity of Broward

Affordable Housing

Broward Habitat used NMTC financing to support the construction of two projects in located within designated Community Redevelopment Agency districts by City of Pompano Beach and Broward County.

Investment

NMTC Amount: $2,923,228
Total Project Cost: $3,174,209

IMPACT

35 construction jobs
Development of 29 affordable homes.

CDEs

Habitat for Humanity

Investor

US Bank

Project Description

BROWARD HABITAT used a $2.86M QLICI to support the construction of two projects (17 units) in located within designated Community Redevelopment Agency (CRA) districts by City of Pompano Beach and Broward County.

The first is 5 new homes in the 50-unit Rick Case Habitat Community located in the heavily blighted Blanche Ely district. The second project is 12 infill homes in the Collier neighborhood. These development areas are part of the county and city’s comprehensive realization plans.

The City and Broward County rely heavily on Broward Habitat through its partnership to support the development of new housing units. These projects are also located in a TIF district, which funds the Pompano Beach CRA through its collection of property taxes.

MAP

Address: 454 Northwest 27th Avenue, Pompano Beach, FL 33069

Census Tract: 12011030601

Voices from the Community

We were able to place low-income families in homes in one of the most cost-burdened housing markets in the nation, thanks to NMTC. Please preserve!