Highlights of the presentations included an overview of Habitat Catawba Valley’s Northstone Subdivision, the market rate program, and the benefits of mixed income neighborhood on individuals, families, and the community.
Quick Facts
Northstone
- 22 lots
- Open space
- Low to Moderate Income
- County School District
- Grocery/shopping
- Foreclosure Purchase
- Infrastructure Complete
Tightlines Designs Partnership
- Curb and gutter
- Planned community design
- Upgraded siding – LP Smart Siding
- Historic color palate
- Street lights
- Community commons area (creative use of wet lands!)
- Picnic shelter, community mailboxes
- Provide a sense of community – front porch
- All quality built homes
Energy Efficiency
- DOE Net Zero Energy Ready Certified
- DOE Rising Star Energy Innovation Award: Affordable Category
- Guarantee $30/month heating and cool for first 2 years
- Energy Star certified
- Indoor Air Quality plus certified
Impact of Mixed Income Neighborhoods
Studies find kids moving from low income neighborhoods into mixed income neighborhoods experience:
- 16% higher annual earnings
- 9% more likely to be employed
- $45,000 increase in lifetime earnings
- A tale of 2 miles: Small changes, large gains – most kids in this study moved less than 2 miles
Age makes a bigger impact:
- 31% increase in earnings if kids moved before becoming a teen
- $99,000 increase in lifetime earnings if moved before age 8
- Increased home life stability: when kids move to mixed income neighborhoods, their children are more likely to be raised by two parents, to enjoy higher family incomes and to spend their entire childhood in better neighborhoods
