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Examples
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Kelley Hrabe, president of Net Giver, a firm that develops affordable housing for the elderly, said the lower- and middle-income senior market would dominate the housing landscape in the coming decades.
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"We have 350 people on the waiting list, which is an indication of the market," Hrabe said.
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He agreed with Hrabe that the most popular type of elderly housing was the two-bedroom duplex with an attached garage that often doubles as storage space.
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"The point is, there's a misperception that all these boomers are sitting on money with $4,000 to $7,000 per month to live," Hrabe said.
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Kelley Hrabe, president of Net Giver, a firm that develops affordable housing for the elderly, said the lower- and middle-income senior market would dominate the housing landscape in the coming decades.
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He agreed with Hrabe that the most popular type of elderly housing was the two-bedroom duplex with an attached garage that often doubles as storage space.
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For Hrabe and a growing number of builders, the most popular housing option they've found for seniors is maintenance-free living provided by smaller apartment buildings or patio-style duplexes with attached garages.
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"The good news is HCA is committed to staying on the campus," Hrabe said.
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Hrabe said the project would require city tax incentives and other assistance to move forward, but details are still being worked out.
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Hrabe, now president of The Net Giver, a senior housing development and management company based on the Brookside campus, said Sonoma Development has a contract to buy the 13. 5-acre site from Nashville-based
Philadelphia Business News - Local Philadelphia News | The Philadelphia Business Journal 2010
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