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 NANAY Brings Affordable Housing to Community

Miami, Florida -- March 2006

NANAY, Inc., a nonprofit organization that provides supportive services to elders and youth, recently implemented a program to provide a series of free Homeownership Seminars as part of its initiative for community development. 

"We want to educate people about the process of buying a house, as well as the responsibility of owning a house," says Dr. Joy Bruce, NANAY President and CEO. "This is crucial in making their decisions on whether to keep renting, or to start building their assets through homeownership." 

NANAY is planning to embark on an ambitious program to bring affordable housing to the community, beginning with the proposed establishment of NANAY Landing One as an affordable Condominium Community for first- and second-time homebuyers and Miami's Workforce. The complex consists of 14 two bedroom, 820 sq ft flats on the first floor (suitable for seniors and persons with physical disabilities) and 28 two bedroom, 830 sq ft, 2-story town homes for singles, newlyweds and young families. All units are equipped with beautiful hardwood floors, marble kitchen counters and stainless steel appliances. This affordable Condominium Community is located on a 1.7 acre property at 148th & Sixth Avenue NE, North Miami.

 
"We now have a housing counseling initiative under way to help the low and moderate-income families, working young professionals, elderly and disabled, avail of government subsidies and own their units at an affordable price," says Tom Zuniga, Managing Director of DSG Community Marketing Services, LLC and Vice-Chairman of NANAY Community Development Corporation (CDC) Board of Directors.
 
The campaign will tap affordable housing finance resources such as the Dade County Surtax, Metro Miami Action Plan Trust, Fannie Mae Employer Assisted Homeownership Program, and other second mortgage and buyer assistance programs. NANAY CDC will help coordinate sales and marketing, and will assist in buyer prequalification, buyer   financing using private and public funds,  and unit closings.
 
Scheduled seminars will assist people in making  the decision if they want to purchase or not.  A full 8-hour homeownership workshop will later be given to those interested in buying homes, and a knowledgeable lender will be invited to assist in onsite prequalification. 

?We?re taking the matter of affordable housing seriously as it is one of the basic necessities the community sorely needs,? said Dr. Bruce. ?Seminars for the public started this month. We?re working with newsprint and broadcast media in getting this important message to every member of the community. For starters radio airtime will be provided by Radio TV Philippines Network through its

streaming radio FilAmRadio.com.?
 
NANAY Community Center is located at 659 NE 125 Street, North Miami, Floriida. For more information, those interested  can call Bennie Trinidad, NANAY Executive Vice President at (305) 981-3232. (NPR/BPN)

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Telephone: 305-981-3232 FAX: 305-981-3231
Mailing Address:
NANAY COMMUNITY CENTER: 659 N.E. 125 Street, North Miami, Florida 33161
                   For more information, Contact: nanay2011@aol.com
WEBMASTERS: joybruce@aol.com, ross.bruce@qbisgroup.com 

NANAY Inc, is supported by Florida Older Americans Act, Alliance for Aging for Miami-Dade and Monroe Counties, Florida Department of Transportation, Miami-Dade Alliance for Human Services, Dept of Health and Human Services, Miami-Dade County Office of Community and Economic Development, North Miami CDBG, Association of Asian Pacific Community Health Organizations (AAPCHO), National Asian Women's Health Organization (NAWHO),  AETNA Foundation and United Way  (Miami-Dade Reg. # 161126)