Big news! The CCF Collier Housing Impact Investment Fund, which incentivizes the development of more affordable units, made its first loan of nearly $1.3 million to cover impact fees, enabling the opening of Ekos Allegro, a development for fixed-income seniors 62 and over, that is built to the highest hurricane standards.
Residents started moving into their new homes this week, including Daniel Mullins, a Vietnam Veteran in the Special Forces, and Cynthia VanBibber, who were formerly homeless. Without this loan, the opening would have been delayed at least another four or five months—making a significant difference for those moving into their new homes.
And, of course, it takes a village to make these initiatives possible. The Housing Alliance. an organization formed and funded by CCF designed to be the go-to resource for workforce, lower-income, and senior housing, was instrumental to this success story, as well as NAMI of Collier County which is assisting with the move-ins and providing vital services for the residents.
The couple was overcome with joy and amazement when they were given their keys and saw their new home for the first time! #housingaffordability #whereourgrantsgo