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Multigenerational housing often involves entire generations of the same family living together and quite often sharing unique kitchen and common areas. (HGTV Dreambuilders)
Mortgage agencies have also adapted to the growing demand in the
multigenerational household market. Fannie Mae, another homebuilder, recently
launched a campaign pilot in Orlando called "Seniors and Family Together...
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Fannie Mae, another homebuilder, recently
launched a campaign pilot in Orlando called "Seniors and Family Together." This new
mortgage campaign defines seniors as people who are 55 and older. The campaign considers up to thirty percent of the senior's income when qualifying borrowers for a
home mortgage, but does not actually require that the senior's name to be listed on the
note for the home...
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MULTIGENERATIONAL HOUSEHOLDS
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