Affordable housing plans are very beneficial to the community. Not only do such plans affect the current generation but their effects will be felt many more years to come.
Housing plans that aim to construct new affordable housing units or one that is concerned about rehabilitating the existing old buildings to make them affordable, they all impact the economic development of a community in a great way. Read more: Kevin Seawright and RPS Solutions LLC Assist Baltimore City Housing Employee Attain First Home
Not only do they lead to more homeowners but they also create a huge number of job opportunities for the people. Local businesses also benefit from selling and supplying building materials.
Even the local governments benefit from the collection of revenue from the construction and building sector.
As is the case with the construction of affordable housing units, construction usually takes place in the idle land. This leads to value addition of the property around that area, leading to more taxes for the local and state governments.
One such affordable housing plan is being carried out by Kevin through his company RPS Solutions LLC. This is a firm that deals with the development of affordable housing units in Baltimore. This work is being done in collaboration with National Community Stabilization Trust (NCST).
Their plan is to revamp the housing sector in Baltimore by making sure there are homes for low and medium income earners. This partnership according to Kevin Seawright will boost the local economy in the ways discussed in the first paragraph.
The partnership will also make it possible for local to access housing units that are affordable. This will ultimately increase the rate of homeownership in the area. Learn more about Kevin Seawright: http://www.njbiz.com/article/20150520/NJBIZ01/150529987/newark-economic-development-group-names-cfo
The housing partnership between RPS Solutions and NCST falls under the ‘non-profit’s Strategic Development Partner program’ which is a program aimed at making the home ownership affordable.
RPS Solutions and other local housing organization are given an opportunity through the NCST to obtain REO properties first before there are marketed to other organizations.
According to Business Insider, Kevin Seawright is both a project manager and an accountant. He is from Newark, New Jersey. Kevin has worked in the local government, education sector and real estate sector, all in Baltimore, Washington and MD.