KMSB "Fox-11 Forum," Sunday, July 18, 7:30 AM, & KTTU "In Focus," Sunday, July 25, 10:30 AMPosted: Updated:
Host Bob Lee interviews Dan Ranieri, CEO, La Frontera Arizona, and Guy Vetrano, Nova Home Loans.
Sunnyside Pointe is a new housing community developed by a partnership of two local not-for-profit organizations. La Frontera is a behavioral health treatment agency and Old Pueblo Community Services of Tucson is a transitional housing program serving the homeless population in Tucson.
Ranieri saays 267 new energy-efficient homes are being built at Irvington and Park. He says about half the homes will be for seniors. He says to qualify applicants must follow federal Dept. of Housing and Urban Development guidelines. He says they are looking for families earning between $20,000 and $24,000 annually. He says it is anticipated some La Frontera employees may qualify and will be “on-site” to offer support to the seniors living nearby. Ranieri says employees will have half their $2,000 down payment covered.
Nova Home Loan is the preferred lender. Vetrano says not only will the applicants have to meet federal guidelines they will also have to qualify for a mortgage and will be appropriately screened.
Ranieri saiys the homes are being built by Pepper-Viner Homes. He says the community is designed to not just put people in homes but to secure their future as well. He says this is also a community improvement project and will lead to additional retail outlets for the neighborhood.