Announcement of Renaissance Pointe HomeBuyer

Contrary to the hype about bringing young urban raced whites into Renaissance Pointe Project, the first potential homeowner in the project is an African-American family.

According to City of Fort Wayne website:

National City Bank is financing $900,000 of investment in Renaissance Pointe, including the six model homes that will showcase some of the builders’ designs. The model homes are scheduled to be completed by October

.

Renaissance Pointe is part of a national trend toward near-downtown living. The targeted housing market includes existing neighborhood residents, young professionals, newcomers to the region, and individuals and families anxious to live close to downtown amenities including dining, shopping, culture, and entertainment

Special financing will be the lure for African-American families, especially single mothers with limited income. The churches in the surrounding area may be the lurk for African-American married couples and families.

However, it will take active promoting of the area to sell 400 homes to young folks seeking a place to raise a family.