Profit-driven developers are urged to consider attractive mixed-income model

By on    Affordable Housing, All Neighborhoods  

Profit-driven developers are urged to consider attractive mixed-income model

While profit potential can and should drive development interest, it should not be the only consideration of property developers, according to experts who worry that many may miss opportunities to leap frog ahead of the marketplace by leveraging use of strategically-placed mixed-income housing developments in key city sectors with signs of growth potential. Mixed-income housing, […]

Affordable housing can propel neighborhood growth

By on    Affordable Housing, All Neighborhoods  

Affordable housing can propel neighborhood growth

An old concept is getting new attention among various developers in Detroit and nationally. Mixed income housing is regaining interest as communities work to pick up the pieces left behind after the past decade’s mortgage crisis and as members of the corporate and private sector search for fertile ground in struggling urban cities. With Detroit […]