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Date Posted: 16:43:53 03/27/08 Thu
Author: titans
Subject: Re: Contractor wants city as partner
In reply to: sil 's message, "Contractor wants city as partner" on 16:40:56 03/27/08 Thu

Affordable housing at $150,000 to $175,000 is not middle income to me. Maybe I am just not knowledgeable to what middle income is. It would be nice if it were a program for those that want to buy a nice home such as first time homeowners or lower income renters wanting to purchase a home, there is not a market for that. Bigger cities have many programs such as sweat equity, down payment assistance programs and homebuyer class programs that would encourage and educate more people to buy homes. There is a major rental market here with everyone building homes but renting. Some of the rent is very high for the areas they are in but if you can't buy this is all that's available. It is hard to rent a home in Dyersburg because the selections are few. It would be nice if there were some programs with options to rent to own that would be encouraging to those who really want to buy a home on a fixed income and stepup to homeownership. Maybe someone could start some programs like that, I bet you would have many that would be interested.

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