Published at Saturday, April 21st, 2018 - 03:55:43 AM. . By Tordis Lovise.
Floor Plans for the Next Chapters. The Boomers are retiring. With over 80 million members, the Baby Boom generation will be looking for a different kind of house that suits their retirement. These houses will likely be in warmer locales, will be less square footage and in communities geared for the empty nest / retiree life style. So what will these homes be like?
“We wanted to develop a program that would help people obtain a significant asset so that we weren’t just ending homelessness for people but actually providing the opportunity for them to climb out of poverty,” Fowler explains. “Owning a house means collateral for a loan, or something to sell and/or an asset to leave to a child or children.” Plus, new construction hasn’t been seen in this neighborhood (which includes numerous abandoned buildings and empty lots) in a while, although CCSS has rehabbed some buildings in the area. The budget for phase one of this project is $1.5 million, and $900,000 has already been committed, including $400,000 from Ford Motor Company.
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