MERRYPLACE ESTATES
PALM BEACH, FLORIDA
MerryPlace Estates is West Palm Beach’s first partnership in which a private company constructs the residences under the Workforce Housing Program. PulteGroup is building these homes to express its commitment to supporting communities in Palm Beach County, especially at a time when home prices are soaring, and many homes are out of reach for working-class families.
When completed, this unique partnership will produce two single-family homes and 34 townhomes. Pricing starts at $166,100 for the smaller three-bedroom townhomes and $213,570 for a single-family home. All buyers must occupy the residences and qualify based on income. Once approved, buyers can become eligible for down payment assistance and special mortgage financing. The residences will remain affordable for 15 years.
PROJECT DETAILS
PROJECT OVERVIEW
As a special consultant, Margaret’s role is the primary liaison between homebuilder, County and Housing Authority – handling the details for the entitlements of various projects in the SE Florida market, construction status reporting and tracking, and meeting the contractual obligations between the governing authorities and Pulte. Margaret is instrumental in keeping all stakeholders focused on the various aspects of the project to include sales and marketing, buyer engagement, closing commitments and to follow all the workforce housing programs and lending requirements for buyer approvals.
PROJECT DETAILS
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Special Consultant
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Company: Pulte Group
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Location: Palm Beach, FL
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34 Townhomes from $166K
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2 Single-Family Homes from $213K
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Affordable Housing Community
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West Palm Beach’s first partnership in which a private company constructs residences under the Workforce Housing Program.
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Transitions first-time homebuyers from renting to homeownership.
