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A land lease could be a foot in the door for many residents looking to move away from renting an apartment and make their way towards owning a home. With rents and mortgages rising and development costs becoming a hurdle, community builders are looking into unique, creative products to provide attainable housing in today’s market. One local community builder, Fain Signature Group, is proposing a land lease product that provides 300-400 attainable homes within the proposed Lakeshore650 project in Prescott Valley, AZ.   What is land lease home ownership, and how does it help to provide affordability? The land lease...

For the written story, read here >> https://www.signalsaz.com/articles/local-community-builder-proposes-new-land-lease-product-for-attainable-housing/

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