Skip to main content

Ex-NBA Star Launches Affordable Housing Development

Sep 24, 2015
Apartment Construction Pic

At a time when both the public and private sectors seem baffled on how to stem the evaporation of affordable housing options, a former basketball star has taken the initiative in addressing the problem.

According to a report on TheRoot.com, Devean George (pictured right), who played with the Los Angeles Lakers and Golden State Warriors, has returned to his childhood community in North Minneapolis to develop a 47-unit building that will include a grocery co-op. The project is being created along with architect Jamil Ford, a former classmate of George’s.

“Housing, I believe, is the foundation to doing whatever you want to do,” George said. “If you don’t have stable housing, you’re not worried about education, you’re not worried about eating healthy, you’re not worried about anything else.”

George and Ford plan to create more affordable housing developments after the completion of their first endeavor.

“This is just the start,” George said. “This is just the catalyst of everything that’s going to go on.”

About the author
Published
Sep 24, 2015
Campaign To Relieve Price Pressures

Realtor.com pushes for policies to close 4M-home shortage

Mar 12, 2025
Union Home Mortgage Acquires Nations Reliable Lending

UHM will strengthen its presence in Texas and southwest Ohio with strategic acquisition

Mar 04, 2025
Ideas to Alleviate Insurance Crisis

Think tank explores tax-advantaged savings accounts for homeowners insurance

Feb 27, 2025
UWM Holdings Reports Strong Loan Production

Loan volume soars as independent mortgage brokers drive growth

Feb 26, 2025
The 'Vanishing' First-Time Buyer

The median age of all homebuyers hit an all-time high in 2024

Feb 19, 2025
FHA To Lay Off 40% Of Workforce

Mass terminations across the federal government expected to hit federal mortgage insurer

Feb 18, 2025