Affordable Housing

Families who pay more than 30 percent of their income for housing are considered cost burdened and may have difficulty affording necessities such as food, clothing, transportation and medical care. An estimated 12 million renter and homeowner households now pay more than 50 percent of their annual incomes for housing. A family with one full-time worker earning the minimum wage cannot afford the local fair-market rent for a two-bedroom apartment anywhere in the United States.

The DMM's goal is to purchases homes with plans to sell them to low-income families. If the family is unable to secure financing, we will sell the homes using 'Land Contract'  financing.