A New Way to Look at Workforce Housing - Workforce Housing Real Estate Development
How do you evolve the workforce housing model to better suit the needs of low-income earners? This is a question constantly on the mind of the CEO of Urban Pacific, Scott Choppin. In this video, Scott talks about how he and the team have adjusted the model over the years and how it's working today.
From this video:
Scott: So the way we think of workforce housing is our own interpretation. And I say it that way because everybody has a different definition of workforce housing. It's a term that has many definitions for us. What this means is that large working families that live in urban locations that make between 80 to 120 percent of the area, median income of where they live. That they tend to be multicultural. These are not your nuclear family of 2.5 kids and, you know, two cars in the garage and a dog in the backyard. These are working class, think blue collar families that have strong social networks.
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