Benefits of Neighborhood Networks for Property Owners and Managers

Information by State  Print version   Opening a Neighborhood Networks center provides property owners and managers with numerous tangible benefits. Neighborhood Networks centers have been shown to make properties more attractive to potential renters and contribute to decreased security and upkeep costs.

Opening a Neighborhood Networks center is what business people call a "win-win" situation. While a center does help residents obtain the skills they need to achieve self-sufficiency, it also offers several rewards to property owners and managers. Owners and managers realize a return on their investment in a Neighborhood Networks center by:

	Making properties more attractive to potential residents, thereby lowering vacancy rates and tenant turnover.
	Increasing the self-sufficiency and financial stability of residents.
	Decreasing security and upkeep costs by giving residents a greater sense of pride and a greater stake in the overall well being of the community.
	Establishing mutually beneficial relationships with residents and the local partners that work with the center.