Shelter is one of the basic human needs in Maslow’s hierarchy of needs. But experts wonder if people currently have access to adequate homes. They believe there is a housing crisis that surpasses California and even the United States. Every category of housing is impacted negatively whether through regulation, renter preferences, demographics, supply or stock. It’s a confluence of all these variables that creates problems. So MultiGreen Properties wants to make an impact on the future with attainable housing. This type doesn’t necessarily mean more affordable. And it doesn’t mean subsidized. It’s workforce housing plus sustainability and smart home features. Randy Norton, founder and chairman of the board of MultiGreen Properties, chats with Bold TV about this company’s unique solution.
The future of attainable housing
MultiGreen couldn’t find any other company focusing on attainable housing. But they believed there was a great need for more developments that reflected recent developments in technology and sustainability. So they aim to build 40,000 units of attainable housing over the next 10 years. The company has to be selective about the location of their properties. So they found Las Vegas was in desperate need of living quarters. Their first project will be in the MultiGreen’s backyard: Henderson, Nevada.
Sustainable Development Goals
Attainable housing could help the world as well as the individual. The United Nations released 17 Sustainable Development Goals (SDGs) that measure from a global macroeconomic standpoint. MutliGreen found that almost every one of these points hit the housing sector. So the company’s business model is to solve 13 of the 17 SDGs, making a global impact. However, their projects are meant to make life better for individuals. Their renters and target demographic will benefit from the technology in these new types of houses. They will have the opportunity to decrease their carbon footprints in technologically advanced homes. To learn more, check out the interview!