Why invest in workforce housing development?

Investing in workforce housing development has numerous benefits, both for the investors and the community. Workforce housing is affordable housing for individuals or families who earn too much to qualify for subsidized housing but cannot afford market-rate housing. By investing in workforce housing development, investors can create a stable and predictable source of long-term rental income while also providing a much-needed service to those who struggle to afford housing. Additionally, workforce housing developments often come with tax incentives that can reduce the investor's tax liability. From a community perspective, workforce housing developments can improve the local economy by boosting employment and reducing homelessness. Overall, investing in workforce housing development is a smart financial decision that also benefits the community.

This mind map was published on 17 May 2023 and has been viewed 159 times.