HomeMy WebLinkAboutExhibit 5CONTINUE: CARRFOuJ 'S CURRENT HOUSING
DEI, PRADO GARDENS TOWNHOUSES
WYNWOOD APARTMENTS
This $5 million project opened in January 2000. The complex consists of
32 new 3 & 4 bedroom, one-story townhouses, and provides permanent
housing for formerly homeless families impacted by disabilities. Emphasis
is placed on providing each family with the necessary support to provide a
stable and nurturing environment for their children while maximizing the
family's 'self-sufficiency.. The U.S. HUD Supportive Housing Program
provides operating subsidies for three years.
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Opened in'December 2000, Carrfour master leases this
3-story building that is located in the Wynwood section of Miami. The
building consists of 50 newly rehabilitated apartments (41 small one -
bedroom units and 9 efficiencies), a resident manager's unit, a community
room. a laundry room and a central courtyard. Each unit has its own
bathroom, kitchen and is equipped with central air, appliances and window C
coverings.
HOMESTEAD TRANSITION TO AFFORDABLE HOUSING (TARP)
• In operation since May 1997, this project provides scattered transitional housing for 40
formerly homeless families. During an 18-month transitional period they are required to
contribute 30% of their income to operating expenses. After the transitional period, the
.. families take over the entire financial responsibility for their apartment and continue to live in
the apartment they already occupy. In this way, the support framework developed during the
transition period remains in place and the family avoids the disruption of a move. During the
` transitional period adult family members balance part-time work with vocational training,
which enables them to earn enough to support their families by the end of the transitional
period.
SOUTH DADE TRANSITION TO HOME OWNERSHIP (THOP)
This program began accepting families in September 1999, and while it is similar in nature to the
Homestead project, this program provides a two-year transitional period at the end of which the families
-irchase the scattered homes in which they are living. The costs associated with the transitional period .
.Jr 50 families are fully funded by a grant of $2.5 million from the U.S. HUD Supportive Housing
Program.
2 Revised January 2006