Habitat for Humanity Builds 40-Home Community in Sarasota
Habitat for Humanity Sarasota has broken ground on its largest planned community in the area. Known as Hammock Place, the $7 million project will feature 40 single-family homes with up to 1600 square feet, three to four bedrooms, and two-car garages. The community’s gated entry will be located off 17th Street across from Bobby Jones Golf Course.
Habitat has raised 55% of the project’s total cost, including contributions from the Community Foundation of Sarasota County and developer The Kolter Group.
Infrastructure construction began in February, and home building is slated for November. Build-out is expected to take up to two and a half years. According to Habitat’s guidelines, future homeowners must put in several hundred hours of sweat equity to help build a house that’s affordable for their income level. The average interest-free mortgage payment for a Sarasota Habitat house is around $750 a month.
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