Skip to main content

Ex-NBA Star Launches Affordable Housing Development

Phil Hall
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.”

Published
Sep 24, 2015
ChainLogix Appoints New Vice President, Operations

Jeryl Graham hired to accelerate growth in title & mortgage services.

Industry News
Oct 15, 2021
JPMorgan Chase To Commit $8.4M To Improve Household Stability For The Underserved

JPMorgan Chase announced six organizations that will receive philanthropic capital as part of the firm’s $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino, and other underserved households.

Community
Oct 15, 2021
SRE Mortgage Alliance 'Restructuring & Reorganizing'

Owner of technology-based wholesale residential mortgage lender in El Segundo to determine organization's future.

Wholesale
Oct 15, 2021
Ginnie Mae Issued Record MBS Volume In FY2021

The record $939 billion issued included nearly $73 billion in September.

Industry News
Oct 14, 2021
UWM Completes Test Of Cryptocurrency Mortgage Payments

United Wholesale Mortgage evaluated and accepted the first-ever cryptocurrency mortgage payment in September and an additional five payments in October from borrowers.

Industry News
Oct 14, 2021
Arvielo Re-Appointed To HUD Advisory Committee

Nationwide mortgage lender New American Funding’s Co-Founder and President Patty Arvielo has been re-appointed to serve on the U.S. Department of Housing & Urban Development's Housing Counseling Federal Advisory Committee.

Industry News
Oct 13, 2021