JJ’s That’s Awesome: A Billionaire Helps Makes Apartments Affordable

JJ’s That’s Awesome: A Billionaire Helps Makes Apartments Affordable

JJ’s That’s Awesome: A Billionaire Helps Makes Apartments Affordable

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Today, the AWESOME is in Steamboat Springs, Colorado. Finding an affordable place to live has become nearly impossible. Whether it’s Wichita or a resort town like Steamboat Springs. However, one man wanted to change that. In Steamboat Springs, billionaire investor Mark Stevens purchased a luxury apartment complex and flipped the script by offering the homes to local workers at well below market rates. The Riverview Apartments, located along the Yampa River in downtown Steamboat Springs, were originally designed as high-end rentals. But after being acquired in September for $95.3 million, the complex took a very different direction—one that’s already changing lives. What makes the program especially unique is its simplicity: renters must work at least 30 hours a week in the community, but there are no income limits and no public housing subsidies involved. A financial boost creating a lot of gratitude, THAT’S AWESOME!

 

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