Published at Thursday, May 03rd, 2018 - 07:27:03 AM. . By Tordis Lovise.
They would be better served by a more intimate home that works for them day to day but is at the same time flexible enough to accommodate the occasional large gathering. The kitchen and great room in particular need to be optimized for family use since those spaces are used on a daily basis. The good news is that, with some afore-thought, it’s possible to get the best of both worlds; as in Plan 917-41 by The Homestead Partners, where there is a den that can be used as a media room for when the family is alone, and a great room that will accommodate an extended family holiday dinner or the occasional party blowout.
Once tenants move in, they pay minimal rent and utilities (e.g. $300 a month rent for a 300-square-foot home and an estimated electric bill of less than $35 per month). After three years, tenants are offered a contract to rent to own their homes within four years. This lengthy process is designed to help residents become disciplined about bill paying and the responsibilities of home ownership.
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