Making it in San Diego: Developers build Multi-Generational housing to help families save

Lennar’s Next Gen – The Home Within a Home® opens the door to an array of financial and logistical benefits, while providing the opportunity to share the comfort of your home with loved ones. With one shared mortgage, there’s no need to pay a secondary rent or elderly housing costs. Learn more in this new ABC 10 News San Diego story by Jared Aarons.

SAN DIEGO, Calif. (KGTV) – Developers in San Diego are offering a new concept for families looking for homes: Multi-Generational Housing.

The homes include a separate suite within a single structure. The suite has a bedroom, living area, bathroom and a small kitchen.

Developers say the idea designed with let elderly relatives, adult children who move back home or relatives with special needs in mind.

“You’re still with the family, but you have that privacy to step away and still be independent,” says Bill Ostrem, the San Diego Division President for Lennar Homes. “At the same time, if you want to engage with the family, the family wants to engage with you it’s right there.”

Lennar says they started developing these kinds of homes in 2011 in Arizona. They saw a need as more extended families began living together.

The suites help with that.

Currently, Lennar is building their “NextGen” homes in the Sterling Heights community near 4-S Ranch . Ostrem says it’s become their most popular model.

Read the full article here.