Reviving Communities with Affordable Housing Investment Programs

The United States is now staring down a shortage of approximately 7 million rental homes that are both affordable and available to lower income renters whose household incomes are below 28 percent of their area’s median income.

Most if not all states did not have enough affordable housing supply for extremely lower income renters and the COVID-19 pandemic only magnified the existing large need for affordable homes throughout the country. Many restaurant, retail, hospitality and gig-economy workers lost their jobs or saw deep cuts to their incomes that have not yet returned.

Clear Blue Investment Llc, with programs like Revive Mount Carmel PA, are able to purchase distressed properties, Renovate them and then return them to the market with our Rent to Own programs. These programs give lower income families the opportunity for home ownership. Towns similar to Mount Carmel PA are all over Pennsylvania and can be a situation where investors can make a profit while providing affordable housing. Many people are becoming leery of all of their retirement being in the stock market and pilot programs like Revive Mount Carmel PA has allowed these small investors to safely invest in smaller projects to help comfortably diversify.

These pilot programs are showing a lot of promise as we are successfully converting distressed properties into Affordable housing and Revitalizing communities!

For more information about this type of program please visit our Pilot program at ReviveMountCarmel.Com!

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