Welcome to the Lakeshore
Apartment Association
Bringing Landlords and Tenants Together
Attention Members- Shelly Bruce, supervisor of the asbestos & lead program for the Bereau of Environmental & Occupational Health will be speaking at our March Meeting. regarding the Lead Safe Work Practices that become effective Apr. 22. Log in to our members area for more info. To become a member or to attend one of our meetings see the contact us page.
MEMBERS- Don't forget to try our new classified ad page! Buy, Sell or give away your extra items. Log in to the members section and check them out today!
The Future of Apartment Living
By Christopher Lee of The National Apartment Association
Following is an executive summary of Chris Lee's white paper:
U.S. population trends favor the apartment industry over the next two decades.
Four key reasons exist as to why the future of apartment living is bright, according to a white paper by Chris Lee, President, CEL & Associates. This paper is based on the current economic climate and expected growth in three demographics. Following are excerpts from the white paper, also available in the May issue of units magazine.
The Housing Crisis Solution
It is more than a remote possibility that the U.S. homeownership rate (currently 67.5 percent) could decline 6 percent to 8 percent over the next decade, bringing U.S. homeownership rates more in line with those in several European countries. Remember, only since the Baby Boomer generation of buyers has U.S. homeownership risen above 60 percent. For each single percentage point of decline in the homeownership rate, the potential demand for approximately 1 million rental-housing units is created. Recent statistics on renters moving out to buy homes during Q3 2008 were down as much as 15 percentage points from their highs in 2004. Today, only 12 percent to 14 percent of renters are leaving to buy homes—a number that is expected to decline further in the short-term. Renting is now becoming an economic and lifestyle choice. Read the full article here...
Targeted Home Performance By Energy Star
Wisconsin residents who receive both their natural gas and electricity from participating utilities (you may receive both from one utility), and who meet the income requirements, are eligible to participate in Wisconsin's "Targeted Home performance with Energy Star" In addition, if you are a landlord with qualifying tenants, partial financial grants may be available with savings up to 90% of the total cost.
Qualifying tenants will receive a home energy evaluation at a small cost to the landlord. As part of the evaluation, the program consultant will review the home and show you how it is using, and misusing, energy. The consultant will also conduct safety tests to furnaces and gas hot water heaters to make sure that they are not exhausting carbon monoxide.
Depending on the results of the home energy evaluation, your home may receive one or more of the following energy efficiency improvements:
Insulation, Heating and cooling system updates, Replacement of an inefficient furnace, boiler and/or central air conditioner, sealing air leaks,
Installation of energy saving products such as; Installing water-saving faucet aerators and shower heads, as well as ENERGY STAR® qualified compact fluorescent light bulbs (CFLs), saves energy.
ENERGY STAR qualified appliances. Replacing old inefficient refrigerators and freezers with ENERGY STAR qualified models will use a fraction of the energy.
To find out more information on this program and to review the Income Eligibility Chart and program requirements go to http://www.focusonenergy.com/Residential/Targeted-Home-Performance.aspx
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