A move into developing affordable homes for the domestic population has seen the beginning of a major turnaround in the construction sector, adapting to the strongest demand in the current climate.
An affordable housing project in Colorado is facing bank foreclosed threat from its lender. Additionally, the limited partner in the project is at risk of tax credit loss due to foreclosure.
It is refreshing to see that even in this current economic climate that the kindness of strangers still exists; in 2008, Habitat for Humanity helped over 50 thousand families in their need for affordable housing. With the number of foreclosures remaining steady across the nation, it is heartening that some families are finding respite from their environments of poverty and finding their way into a home of their own.
Print This Article
Add To Favorites