PALM BEACH COUNTY, Fla. — A new housing complex for low and moderate-income families opened Thursday in central Palm Beach County.
A ribbon-cutting ceremony was held for the Mango Cove apartments located at 1553 Florida Mango Rd. near Lake Clarke Shores.
Neighborhood Renaissance said they raised more than $4 million to help fund the project. The 36-unit rental community is deed restricted to keep housing affordable for local residents.
Units offer two bedrooms, two baths an open kitchen and laundry in each home.
“This is a big need in District Two. We have a lot of folks that live paycheck to paycheck, and this is a great opportunity for brand new units in a great area and for folks to have a nice place to live,” said Gregg Weiss, Palm Beach County Commissioner for District 2.
Those interested in living at Mango Cove should contact the Neighborhood Renaissance at 561-832-6776.
“It’s a dream come true living in the West Palm Beach area. The prices of rent are extremely high. Being a single parent, taking care of two kids, this is affordable for me," said future Mango Cove resident Karla Sealy.
Rental prices range from $1,360 to $1,586 for a two-bedroom, two-bath unit.
Section 8 vouchers are accepted.
Wells Fargo, the Community Foundation of Palm Beach and Martin County and TD Bank Foundation also seeded the project with more than $300,000 in predevelopment grants.