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Renovate-to-Rent
We see an opportunity to more fully utilize the existing housing
stock. This "out-for-the-box" idea will enable those
who cannot afford or are physically limited to repair their
homes in exchange for renting a room out to a qualified pre-screened
individual in need of affordable housing.
Using
CLIH volunteer labor teams, we will home repair services with
the rent from the room going towards paying the loan for building
materials. In hardship situations, evaluated on a case-by-case
basis, CLIH will provide both labor and materials.
Note also that the Renovate-to-Rent program includes help
with home improvements but is not limited to trading volunteer
work for low-income roommate placement. If you have a room
you would like to rent, please contact
us and we will look for an appropriate roommate whether
you need renovation or not.
Some
advantages of this program include:
1.
If you live alone and have a health problem it is nice to
have someone there in case you need help.
2. It is nice to have a friend to share with or lend a hand
3. Roommates provide income. Living costs are rising, a steady
cash flow can be useful.
4. Home improvements can make your home safer and give liquidity
for refinancing down your payments lower.
We
have our first roommate moved in and, on a home left unfinished
by the contractor, we have finished the remodeling work and
lowered our client's payments. We are now remodeling that
bottom floor of another home.
Multi-Family
Affordable Housing Program
The severe lack of housing for young families is having a dramatic
impact on our local community, as evidenced by the dramatic
drop in school enrollment. CLIP will work towards creating suitable
multi-family housing -- 2 and 3 bedroom apartments -- and is
considering the following features and amenities:
1.
Small affordable floor plans that can be leased to own in
order to assist families out of the rental and into the
home ownership market.
2. Onsite quality day care and latch key kid programs
3. Onsite library and modest playgrounds.
4. Community carpool programs.
5. Onsite program manager to establish fair rent practices.
6. Tap into existing social programs for high-need clients.
7. Use density bonuses to buy down land costs.
8. Waiver of facilities by requiring price freeze agreement.
9. Inclusion of some single-resident-occupancy (SRO) housing
with shared amenities.
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