A New Class of Home in San Bernardino
In one of the most expensive housing markets in the country, California residents – particularly low- and middle-income families – are being boxed out of the housing market. Without access to affordable homeownership options, these individuals and families are less able to build wealth and increase their economic opportunity. Just 60 miles west of Los Angeles, Neighborhood Partnership Housing Services, Inc. (NPHS) is partnering with the City of San Bernardino and Next Step Network to change that. NPHS has placed its first three ENERGY STAR®-rated
Creating Homeownership Opportunities
Making homeownership affordable through factory-built housing In one of the most expensive housing markets in the country, California residents – particularly low- and middle-income families – are being boxed out of the housing market. Without access to affordable homeownership options, these individuals and families are less able to build wealth and increase their economic opportunity. To address this issue, NPHS is partnering with the City of San Bernardino and Next Step Network to change that. NPHS has placed its first three ENERGY STAR®-rated manufactured homes on the ground
Creating Housing Affordability Through Community Land Trusts
A permanent affordable housing strategy Today, there are nearly 250 Community Land Trusts (CLTs) across the United States, and NPHS is creating one in the Inland Empire to develop, preserve and protect affordable homeownership. CLTs are designed to create long-term housing affordability and to ensure community stewardship of land. CLTs can be used for many types of development, including commercial and retail, but are primarily used to ensure long-term homeownership affordability. To do so, the CLT acquires land and maintains ownership of it permanently. With prospective homeowners, it enters
How to Make Your Renovation a Successful, Positive Experience
In the United States, renovation spending has more than doubled since the late 1990s, reaching nearly $65 billion last year alone. Oftentimes the investment a homeowner makes is substantial, both financially and emotionally. The stakes are high. That’s why it’s imperative that the job is done well from start to finish. NPHS suggests a number of steps a homeowner can take to ensure a positive experience and a successful outcome, including: 1. Know your goal. Ask the question, “What is this renovation designed to accomplish? More functionality? Storage? Living
NPHS Real Estate Team Shares Tips for First-Time Home Buyers
Buying a home for the first time is an exciting period in a person’s life. Deciding to buy a home often indicates buyers are ready to establish firm roots in a community where they can see themselves living for years to come. The process of buying a home is rarely easy, and first-time buyers may feel overwhelmed at times. Such feelings are perfectly normal and felt by first-time buyers regardless of their budgets or home preferences. NPHS suggests a few ways to make buying a home more enjoyable than