By developing over 2500 units of affordable housing, both rental and homeownership.
Rental housing is considered affordable if a resident pays no more than 30 percent of their income in rent. Without a sufficient supply of affordable housing, teachers, service employees, police officers, firemen and other professionals simply cannot afford to live in the communities in which they work. This leads to long commutes, urban sprawl or simply job openings left unfilled. These individuals are the backbone of any thriving, well- balanced community and the availability of high- quality affordable housing can allow people to work where they live. As rental rates increase, the need for affordable housing becomes more critical.