Lennar said Tuesday that new families are moving in to the townhomes at Silverwood Estates in Lake Worth and Cambria Parc in Boynton Beach – marking the first time a home builder has closed on workforce housing in Palm Beach County.
The communities are the result of Lennar’s participation in Palm Beach County’s Workforce Housing Program. The partnership helps make the dream of quality home ownership a reality for qualifying families and individuals, including firefighters, police officers and other vital community workers.
Workforce Housing Program homes in Palm Beach County are available to families and individuals with incomes from 60% to 140% of area median income – ranging from $40,740 to $95,060 annually. This includes police officers who earn an average annual income of $72,110, followed by firefighters at $67,350, registered nurses at $66,520, and high school teachers at $54,700, based on local data from the U.S. Bureau of Labor Statistics.
“Lennar’s unparalleled commitment to workforce housing is critical to the residents of Palm Beach County and the entire region, in particular, by enabling vital workers and emergency responders to realize homeownership in the communities they serve,” said Mack Bernard, Palm Beach County Mayor. “This investment by Lennar also contributes significantly to the economy through job creation, growing local businesses, and by helping spark additional development.”
“These new move-ins are a landmark moment for the families, Lennar and Palm Beach County as we officially make the dream of quality new homeownership a reality through workforce housing,” said Dan Grosswald, Lennar Palm Atlantic Division President. “The exponential growth in the need for, and interest in, quality workforce housing has led to our focus on related homeownership for families and individuals, including key community workers such as police officers and teachers.”
In addition to Silverwood Estates and Cambria Parc, Lennar offers workforce housing to qualifying homeowners at other sought-after Palm Beach County locations, including the resort-style Gulfstream Preserve community. Residents in all of these communities have exclusive access to the amenities that Lennar offers, including community parks with trails and gazebos, swimming pools with sundecks and cabanas, tot lots and more.