Providing Residential and Economic Development Opportunities for Rural Communities
Bill Sears and Associates brings value to its’ clients through experience and creative problem solving and an approach rooted in integrity.
We offer a variety of services to assist both government and business in the areas of community and economic development, public finance and government relations.
We are committed to providing each assignment with the resources necessary to earn, service and keep your business for the long term. We are both methodical in our approach and innovative in our methods in order to meet the demands of a constantly changing world.
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Why Housing Development in Rural Communities Matters
Much of the headlines when it comes to residential property development revolve around major projects in urban areas-cities with higher growth rates and ample opportunities for profitable construction. However, there’s an area of the country that needs just as much attention-rural communities.
Here are three reasons residential development is so important to rural America.
It Supports Employment
A lack of quality housing in rural communities has an effect on hiring prospects. In fact, a study from the National Association of Homebuilders (NAHB) found that the development of new homes in rural areas isn’t keeping up with the demand for employees-with housing development down 14 percent in the last six years but job openings on the rise. A bigger investment in housing development in our rural communities could work wonders in attracting more (and better) job candidates to the area.
It Improves Quality of Life
With that same NAHB study finding that the average new price is now around $200,000, the variety of affordable options can also have a great impact on quality of life. The National Rural Housing Coalition has found that cuts in development funding in rural areas can be correlated directly to a poverty rate in these areas triple that of urban centers. This is how an improved investment in rural housing can be a powerful tool for improving quality of life.
It Grows The Economy
In many ways, residential development can keep a local economy from stagnating. There are not only immediate and temporary effects, such as equipment and building material revenues that are pumped back into the community but lasting effects, such as additional property tax revenue that can go toward improvements like transportation and education. With all these things in mind, housing development is truly economic development.
Commercial and Industrial Development
Whether we’re helping communities attract companies or helping companies find a site, we remain steadfast in our mission: to forge long term relationships that produce sustainable economic prosperity for communities and companies alike.
- Site Selection
- Property Acquisition
- Joint Venture Development
- Incentive Procurement
Some examples of projects which can be funded include:
- Police Stations
- Fire Stations
- Residential/Mixed Use Developments
- Manufacturing Facilities
- Real Estate Acquisitions
- Water Treatment Facilities
- Sewer Treatment Facilities