This Affordable Senior Housing Project Is Aimed at the Middle Class

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Construction crews in the Boston area are poised to break ground on a rare senior housing project intended to be affordable for middle-class residents

The developer 2Life Communities plans to charge monthly rents as low as $1,800 at the $100 million development in Newton, Mass.

Comparable independent living communities in the Boston region charge $4,200 a month, according to the National Investment Center for Seniors Housing & Care, or NIC, an industry organization.

 

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What are Utah lawmakers doing to address Utah's housing market crisis?Before the Utah Legislature's 2023 general session began, Republican leaders promised action this year to address the affordable housing crisis, fueled by the state's persistent housing shortage and exacerbated to extraordinary levels by the pandemic housing frenzy. High density housing in Utah is $250-$275/sq.ft. None of the proposed legislation would make housing affordable. The 🐄 left the barn a while ago when huge corporations were allowed to borrow money at 0 interest and buy residential properties. Now they control rent with no [1] They’ll just keep allowing developers to whore out Park City and Southern Utah. Maybe try Colorado or Idaho
Source: KSLcom - 🏆 549. / 51 Read more »