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strong communities includes developing owner-occupied housing.
MBS accomplishes homeownership development in partnership
with public sector partners and with local homebuilders. Homeownership
typically follows the initial rental development phase. A
strong rental housing community begins to create a healthy
housing market and a revitalized community where homeowners
will be willing to make a financial and lifestyle commitment.
Working with local architects and guided by design principles
that have been adopted by the public sector and won the support
of residents, we create a series of housing styles for homeownership
development. Local homebuilders are selected using rigorous
guidelines to maintain the high standard of quality that we
apply to our own buildings.
We coordinate the marketing and buyer selection process with
an experienced local community organization. Homeownership
developments offer attractive, very high-quality homes to
a range of income levels by leveraging funds for low and middle
income households so that the price of the home is affordable.
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