Common, a company known for high-end communal living, is getting into the affordable housing business. The co-living firm revealed Monday that it has launched a brand geared towards workforce housing. The initial portfolio will be Class B and C multifamily buildings where renters earn 40 percent to 80 percent of the area median income, said Brad Hargreaves, Common’s CEO and co-founder. The new product is called Noah — for “naturally occurring affordable housing” (the acronym
source https://therealdeal.com/2020/05/04/common-unveils-property-manager-for-workforce-housing/
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