working professionals or seniors. Condominiums are the perfect choice for buyers seeking the stability and financial benefit of home ownership, but also the amenities and low-maintenance of multifamily communities. Mixed-Use A mixed-use development may combine homes with commercial, retail, entertainment or cultural spaces. Apartments or condominium units are built side-by-side with grocery stores, restaurants, shops, religious spaces, office buildings and, increasingly, public transit stations. Mixed-use developments offer residents the luxury of convenience, since the distance between home, work, entertainment and retail is greatly reduced. Student Housing Living at college isn’t what it used to be. Far from the basic dorms and off-campus units of the past, modern student housing is now often luxurious and amenity-rich. Designed to appeal to today’s more demanding students, these spaces are built using hip designs near university campuses. Most are rental units that appeal to residents who come and go with graduation; many even require all residents to be currently enrolled in school. Developments have come to include features like spas, game rooms, fitness centers and fun social events and parties for residents. Age-Restricted Typically limited to residents aged 55 and older, these neighborhoods most often focus on building social engagement and offering a wide variety of lifestyle amenities. Many now feature lifestyle directors, fitness classes and social clubs and are built near local universities and public transit stops. These communities are great for buyers looking to have strong social ties with people in the same stage of life, but who still want to remain active and engaged with their community. Low-Income According to HUD, about 12 million households now pay more than 50% of their annual incomes for housing. To help manage
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