Affordable housing | The demand nationally is incredible | Good Samaritan Society

Affordable housing | The demand nationally is incredible | Good Samaritan Society


On a national basis affordable housing
is…the demand is just incredible. With the amount of people that we have
retiring on a daily basis, the baby boomers, so many of them do not have the huge numbers of, the huge amount of money that you need to to retire on, so you’re
generally working with mostly Social Security. Some of them may have a small
pension but you’re still talking about an income that stops them from being
able to afford your regular market apartment. Cost is everything. We’ve got
residents here that had to put their house up for sale because they
were basically being taxed and or the workload of taking care of that house,
but yet they had limited income and so this has been a great opportunity for
them because they can sell their house but they don’t have to worry about
having too many assets to be able to come in here. You’re talking about people
with nowhere else to go and so many many times you look at people that they don’t
they don’t know what they’re going to do with the rest of their lives and so
we’re able to take people that have that limited income and provide them with
quality housing and so you know they have a place to go they can feel
comfortable here.

Leave a Response

Your email address will not be published. Required fields are marked *