A Socially responsible development Model that Makes Good Business Sense
Nimby’s don’t want a “project” in their backyard. Seniors don’t want to be sent away to a “home”. Families struggle to balance work with the demands of raising children. Kids, when left alone, far too often drop out of school and resort to drugs and crime. Cities need to satisfy the huge demand for affordable housing and at the same time reduce urban blight. And Residential Developers are challenged, today more than ever before, to make projects work.
If necessity is the mother o f invention, then there has never been a better time in history for intergenerational housing development. According to a 2005 study conducted by the Texas Department of Housing and Community Affairs “intergenerational housing…provides a forum for multiple generations to collaborate for a common ground and explore the values of each generation.”