| Lease
to Own Homes
The ten three-bedroom
lease-to-own homes located in Xenia, Ohio were sold to the residents. Half of the original families were still in the homes. The houses are
located in a quiet residential setting. The original contract period
for these homes was fifteen years. At the end of the fifteen years,
the families had the option to purchase the home.
Sensible Shelter provided land contracts to two families.
Families who were housed were required to attend
budgeting workshops and home maintenance classes. Once housed, and
for the duration of their lease term, families paid a flat rent. This rental amount was subject to adjustment.
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