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Updated about 6 years ago on .

User Stats

241
Posts
132
Votes
Perry Ivy
  • Investor
  • Jonesboro, AR
132
Votes |
241
Posts

Need advice concerning a 13 acre development.

Perry Ivy
  • Investor
  • Jonesboro, AR
Posted

Seeking advice:

I own almost 13 acres in a C class neighborhood. The front is zoned C3 and the back is R1. There's a house on the front that is rented via HUD. I would like to develop the land and create a seniors only housing community. In this neighborhood most of the clientele are on HUD, so this would probably be on it as well. Is this possible? Any grants or funding options available? Any other ideals or suggestions would be welcome. Thanks!