Housing Development
Debilitating levels of poverty, and a myriad
roadblocks to homeownership, including housing prices,
down payment requirements and lack of adequate
affordable housing in several urban marketplaces, have
made it challenging for many families to achieve
economic stability.
While some communities have seen tremendous growth
and development, others have been left out. Communities
and neighborhoods that house low to moderate income,
immigrants, and predominately minority people have been
by-passed. In some neighborhoods, housing stock that was
once vibrant has become victimized by age and changing
demographics and has given way to negligence, blight,
and poverty.
Having identified demographic patterns and
trends that increase the need for upgraded and increased
volumes of affordable housing stock, BAME works to
revitalize those neighborhoods through:
- Creating and maintaining quality affordable
housing which enhances the historic fabric of the
neighborhood
- Providing a successful Home Ownership Education
and Counseling program
- Beautifying and enhancing public areas and
facilities, and upgrading the efficiency of the
neighborhood's infrastructure
- Facilitating rehabilitation of selected
properties
- Building affordable single-family residences and
other properties
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