We have created an affordable housing product that is an option for small households that has only been provided by apartment-style living. This concept of a single family home that is sized for a 1-3 person household with a small (perhaps 30' x 12' area)private yard and parking for 2 cars in front of their own home should be an attractive alternative to apartment living for many potential renters – at a competitive price. This single home/private yard concept will allow the occupants to have up to 2 small pets, a crucial consideration for many renters searching for housing and a valuable incentive for those same renters to renew their leases.
We are seeing a changing demographic profile with ever increasing numbers of childless households as younger people are delaying starting families. There is also a growing number of single households (for both women and men) and ever increasing numbers of aging/empty nester households with limited incomes that would appreciate the dignity that this type of housing could provide for them.
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