Sunday, November 10, 2013

Ultra eco-friendly home could be first on Palm Beach |

Interesting to note that this is Palm Beach's first LEED certified house. Click title for link. You may miss this at the end of the article though. Lake Worth is mentioned in JPMorgan Chase's program to get foreclosed properties back in the hands of private owners. I wonder if these units were part of the NSP2 program, or if this happened in other areas of the city?
On the other end of the housing spectrum, low- to moderate-income homebuyers are benefitting from $250 million in charity from an uncommon source — a bank.
JPMorgan Chase announced in October it had donated or sold at a discount 5,300 homes nationwide since 2009 when it launched the JPMorgan Chase Community Revitalization program.
About 55 homes in West Palm Beach, 26 in Lake Worth, and 21 in Port St. Lucie have been donated or sold through the program.
The plan partners with local non-profit groups to pair families with homes. About 800 homes, which are bank-owned former foreclosures, are in Florida.
“When you can strengthen communities and donate homes and generate jobs, that’s a win all around,” said Ryan Crowley, head of Chase’s government committee partnerships.
Last month, Chase reportedly reached a multi-billion deal with federal regulators to settle probes into its mortgage-backed security sales.