WORKFORCE HOUSING
Workforce Housing or NOAH (Naturally Occurring Affordable Housing) can be defined as non-subsidized affordable housing in reasonable proximity to the workplace for gainfully employed individuals such as teachers, nurses, or firefighters who make between 50% and 120% of the Area Median Income.
Union Hill Properties believes that workforce housing is a compelling investment asset class due to the limited supply and strong demand for the product.
The shortage of workforce housing is a growing social problem in America today. Responsible owners and operators are essential to preserve and improve these properties and provide attractive housing options to the workforce population.
You can learn more about workforce housing here and here.
Union Hill Properties believes that workforce housing is a compelling investment asset class due to the limited supply and strong demand for the product.
The shortage of workforce housing is a growing social problem in America today. Responsible owners and operators are essential to preserve and improve these properties and provide attractive housing options to the workforce population.
You can learn more about workforce housing here and here.
