Our neighborhoods in distress need affordable housing now. Our neighborhoods are suffering not only by urban blight but by the price of living. Generally, affordability means paying no more than 30 percent of your annual income. Families who pay more are considered to be burdened and will most definitely have it rough affording food, clothing, transportation and medical care. It is estimated that 10-15 million households now pay more then 50 percent of their annual incomes for housing. It’s a hardship. Lower income families need to provide for the family in the present and the future. We are helping by pricing our properties below market value to assist in this quest.
