Orlando REALTORS® land $100,000 pledge to support veterans' housing initiative
Wednesday, August 20, 2014
Six military veterans are closer to having their dreams of homeownership fulfilled thanks to the efforts of the Florida Real Estate Foundation and now the generous support of Dr. Phillips Charities.
Dr. Phillips Charities has pledged to donate $100,000 to the Florida Real Estate Foundation and its Heroes’ Commons at Jefferson Park housing initiative. The pledge is conditional on the foundation raising the remaining funds necessary to build all six homes by March 31, 2015 (donations can be made at www.floridarealestatefoundation.org).
“The pledge from Dr. Phillips Charities has the potential to directly help provide mortgage-free homes to deserving veterans,” explains REALTOR® Beverly Evans of Axel Real Estate, Inc., chairman of the Florida Real Estate Foundation. “The foundation is proud to receive support from the highly regarded Dr. Phillips Charities, and to add Dr. Phillips Charities to the list of project partners that are turning dreams of homeownership into reality.”
Heroes’ Commons at Jefferson Park is just one initiative of the Florida Real Estate Foundation, the charitable arm of the Orlando Regional REALTOR® Association. The project is part of FREF’s “Art In Architecture” program, which collaborates with local architects, builders, lenders, housing organizations, and municipalities to create affordable housing opportunities.
Heroes’ Commons at Jefferson Park
Heroes’ Commons at Jefferson Park will be a small “village” of six single-family homes in the Parramore neighborhood. Homes will be provided mortgage-free to income-qualified military veterans.
The primary goal of Heroes’ Commons at Jefferson Park is to provide mortgage-free homes to (in order of priority):
• Income-qualified, disabled veterans from any branch of the United States Armed Forces;
• Income-qualified veterans; or
• Income-qualified City of Orlando and Orange County public safety employees*.
"The Orlando Regional REALTOR® Association is honored to offer homeownership to those who have served,” says ORRA Chairman Zola Szerencses, RE/MAX 200 Realty. "The service men and women who defend our country and our way of life are also defending the American dream of homeownership, for which REALTORS® are grateful.”
Housing and Neighborhood Development Services of Central Florida will qualify potential homeowners and ensure that they fulfill the project’s income and education requirements. A military veteran or City of Orlando/Orange County public safety employee who is interested in becoming a Heroes’ Commons at Jefferson Park homeowner can contact HANDS by visiting http://www.cflhands.org/index.phpor calling 407.447.5686.
About the Florida Real Estate Foundation
The Florida Real Estate Foundation was created by the Orlando Regional REALTOR® Association to address Central Florida’s critical need for affordable, workforce housing. Heroes’ Commons at Jefferson Park will be a project of the foundation’s award winning "Art in Architecture” program.
About Dr. Phillips Charities
The Dr. Phillips name has been a major economic and philanthropic presence in the Central Florida community since the turn of the 20th century. Dr. Phillips Charities (Dr. Phillips Inc. and The Dr. P. Phillips Foundation) uses the earnings from its investment and real estate income to give financial assistance to hundreds of charities serving primarily in Orange and Osceola counties. Dr. Phillips has contributed more than $150 million in grants and pledges to Central Florida.
*"Public Safety Employees” are defined by the City of Orlando and Orange County to mean those persons who are full-time, sworn employees of local police departments, sheriff's offices, corrections departments, or other law enforcement agencies; and members of local fire departments responsible for at least one of the following: fire suppression, emergency medical response and patient care, fire and injury prevention, arson investigation, hazardous materials incident response and management, and/or response to acts of terrorism.