Escambia County will hold a press conference related to the future development of workforce housing on Monday, June 15.
The announcement will be held at 1021 N. G St. at 10:30 a.m. Speakers will include District 3 Commissioner Lumon May and City Councilwoman Jewel Cannada-Wynn. One or more commissioners may also attend.
To celebrate National Homeownership Month, the county is announcing an initiative that will develop vacant county-owned lots into new, affordable, single-family housing. The initial four properties are located within the City of Pensacola’s Westside Community Redevelopment Area.
The county will be issuing a request for proposals for development of the properties under the HOME Investment Partnerships Act Program in partnership with a Community Housing Development Organization. Homebuyers will be eligible for HOME down payment and closing cost assistance of up to $40,000, depending on need. Buyers must make the property their principal residence.
Buyer Qualifications for the HOME Program:
- Have a total gross family income that does not exceed 80% of area median income for Escambia County adjusted for family size.
- Have sufficient income and credit-worthiness to qualify for primary financing from a participating lender.
- Must attend an 8 hour HUD certified homebuyer class offered by Community Enterprise Investments, Inc. prior to closing.
For general information, please contact Community and Media Relations at 850-595-1647 or [email protected].
For information for potential developers or homebuyers, please contact Meredith Reeves at 850-595-4968 or [email protected].
