REDS develops both luxury senior housing and affordable senior housing. Our luxury senior housing is rented at fair market rate and has upgraded features like upscale finishes, appliances and club house amenities. Seniors that reside in our luxury housing are willing to pay a premium for the additional features and services that are provided.
We are also dedicated to providing income restricted seniors with a safe, attractive place to live. Just like our workforce housing, our affordable senior housing projects are rent restricted for income qualified seniors whose income makes fair market rent unaffordable.
Both luxury senior housing and affordable senior housing is restricted by age limits. Residents must be 55 or older to qualify and live on the property. This creates a quiet atmosphere for our senior residents while living in community where they can get to know their neighbors and participate in a service-oriented social environment.