Friday, February 9, 2018

Spread the word. Blog post from yesterday about new CRA program to help first-time home buyers.


Already read this blog post? Thank You for visiting once again today and please scroll down.

The Lake Worth Community Redevelopment
Agency (CRA) press release is below.

The program is called the “Individual Development Account (IDA) Program”, a program that matches money 2:1 (‘1’ from the first-time home buyer and ‘2’ from Community Partners*) into a “matched savings account program to assist low-to-moderate income individuals.”

And please take note: It’s that time of year once again. The ‘G word’ is back!
And right on cue, 4–6 weeks prior to every Election Day in the City of Lake Worth, the ‘G word’ has popped up once again. Click on this link to learn more about, “[T]he most loaded, least understood word in urban policy: gentrification.”

Note that the ones once again trying to create public fear and anxiety using the ‘G word’ (aka, “The Wolf at the Door”) were also the same ones who staged protests and encouraged the homeless (e.g., from the County’s John Prince Park) to take over “spaces” like the Cultural Plaza in the City of Lake Worth.

Why would they do that? To increase the crime rate and/or the public perception about crime in this City.

For the facts about the crime rate in the City of Lake Worth and the expected results showing a 11–13% drop in crime for 2017 click on this link to read about, “Did you read an article recently in the Post about crime in the City of Lake Worth?” And unlike what ‘Mr. Snarky’ suggested — the County’s efforts in combination with the City’s efforts, including help from organizations such as Lord’s Place and Adopt-A-Family — have contributed greatly in helping the homeless here in this City.

Anyhow. Without further ado. . .

To learn more about the Individual Development Account (IDA) program contact Emily Theodossakos, the Marketing and Program Manager at the Lake Worth CRA by clicking on this link, call 561-493-2550, or stop by the office located at 1121 Lucerne Ave., the CRA’s new HATCH 1121 building on Monday–Friday from 9:00 a.m.–5:00 p.m.

Here is the CRA press release:

LAKE WORTH — The Individual Development Account (IDA) program is a matched savings account program to assist low-to-moderate income individuals to save $2,000 over a 36-month period. The individual’s $2,000 is matched with $4,000 (2:1 match) to be used towards the down payment and closing costs of a first-time home purchase.

*For more information or to register online click on this link for all the home ownership services provided by Community Partners, a “comprehensive family and community development agency.”