Available 7 Days/Week       MON - FRI  8am - 7pm       SAT - SUN  10am – 6pm
Call us (305) 465-3900
Apply Now


Coral Restoration Foundation was recently awarded a grant of just under $2 million by United Way of Collier and the Keys (UWCK) to expand work at Carysfort Reef off northern Key Largo over the next five years. 

This competitive grant is part of UWCK’s Revitalizing the Florida Keys through Reef Restoration and Beyond Initiative, with support from the United Arab Emirates. This funding was the first significant investment in restoration work on sites covered by “Mission: Iconic Reefs” — one of the largest reef restoration efforts in the world.

The Coral Restoration Foundation will secure a one-to-one match of the awarded funds, culminating in almost $4 million for restoration efforts.

Grant efforts will prioritize restoration progress toward “Mission: Iconic Reefs,” financial impacts to Monroe County families living paycheck to paycheck, volunteerism and engagement with students studying marine science.

UWCK’s goal is to revitalize the coral reefs — a lifeblood of the Florida Keys economy — while supporting sustainability through education. Restoring the local reefs will improve coastal protection and provide economic stability for residents, furthering UWCK’s efforts to create thriving communities by improving the financial stability of Keys families.

Staghorn corals thriving at the iconic Carysfort Reef. ALEXANDER NEUFELD/Coral Restoration Foundation

Since the 1970s, coral reefs in the Keys have suffered dramatic declines with nearly 90 percent of live corals lost. Through “Mission: Iconic Reefs”; NOAA, CRF, UWCK and other partners are undertaking a first-of-its-kind approach to restore corals at seven ecologically and culturally significant reef sites in the Florida Keys National Marine Sanctuary.

“For a community that is highly dependent on its natural resources, this is a pivotal moment, with United Way and partners beginning this work for the benefit of generations to come,” said Steve Sanderson, UWCK president and CEO.

According to Scott Winters, Coral Restoration Foundation CEO, “Mission: Iconic Reefs and this significant investment in the plan by UWCK and the UAE are testaments to all our achievements of the last few years — especially at Carysfort Reef. But this work is about much more than just reef restoration. It’s about building socio-economic resiliency in our communities that rely on coral reefs. The economy of the Keys relies on a healthy coral reef to support tourism and the commercial fishery, but the process of restoring these reefs will also generate employment. Work on coral restoration at this scale is a catalyst for building community resilience by improving livelihoods and diversifying the local economy.”

The post $4 MILLION SECURED FOR CARYSFORT REEF RESTORATION appeared first on Florida Keys Weekly Newspapers.

Florida Keys Weekly

#floridakeys, #upperfloridakeys, #upperkeys, #upperkeysmortgage, Environment

*Assumes 2.799% APR, 20% down payment, and conforming 30-year fixed rate first mortgage on a single family, primary residence. The monthly payment you enter includes only principal and interest. Additional required amounts such as taxes, insurance, home owner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan based on the payment entered. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice.  **Posted APR is based on Mortgage Assumptions
Copyright © 2021 Fidelity Home Group supports Equal Housing Opportunity | All Right Reserved  | NMLS Identifier 1834853. Fidelity Home Group is not affiliated with the Department of Housing and Urban Development (HUD) or the Federal Housing Administration (FHA). Not intended for legal or financial advice, consult your own professionals if such advice is sought. Accessibility Statement  | Consent to Receive Electronic Loan Documents  |  Cookies Policy   |  Disclosures  | Email and Mobile PolicyFair Lending Policy  |  Mortgage Assumptions  |  NMLS Consumer Access  |  Privacy Policy  |  Terms of Use 

Florida Keys Mortgage | Fidelity Home Group
2011 Flagler Ave, Key West, FL 33040

Hours of Operation:

Monday - Friday 8am to 7pm EST
Saturday - Sunday 10am to 6 pm EST