Ryan CadwellManaging Partner @ Resolute RDM | CCIM® | CPM®

Why Communities Need Homes to Buy AND Rent #AffordableHousing #RealEstate

24 Jul 2026 · 1 min

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A Missouri city and developer are building homes with a mix of ownership and rental units, using uniform designs in different colors. Phase 1 focuses on sales, while later phases can pivot to rentals depending on market conditions, giving residents both buying and renting options.

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The one in Missouri is actually both because we're working really closely with the city. The city specifically said they wanted us to help answer the affordable housing product need that they have. So we're building them all in a similar way. They'll have their own colors and everything on the outside, but some of them are going to be available for sale. So if you bought 20 of them and you wanted to sell 5, you could technically do that. The city wanted us to be able to provide that community with both things they could own and things they could rent. So right now we're answering that need and we're planning on operating phases 2 and phases 3. Potentially could be some TIF dollars in that. Phase 1 is going to be mostly all sales, but plan B for us is to rent them.