MAYBERRY HOMES: BRINGING AFFORDABLE HOME OWNERSHIP TO HOUSTON

By d-mars.com News Provider

Initiatives have been passed by Houston Mayor Sylvester Turner and City Council in support of creating more affordable housing projects, in alignment with the affordability objectives that will span over 40 years by the Texas Department of Housing and Community Affairs.

This flexible roadmap to homeownership is tailored specifically for households earning 120% or below the Area Median Income (AMI). AMI is generated by the U.S. Department of Housing and Urban Development (HUD) to determine the eligibility of applicants for certain federal housing programs. Median income is the midpoint of local incomes.

Based on the city’s injunction, Mayberry Homes, led by CEO Sharone Mayberry, will oversee the site development prior to the vertical construction for 40 detached, single family three-bedroom homes called the Southern Palm Development. The homes will be sold to homebuyers earning up to 120% AMI.

The average American typically moves five times in their lifetime. This means the act of selling your house and moving to the next location is a big deal. You need to get a fair price for the home and feel confident navigating the listing, offer, negotiation, and closing processes. You need a home builder you can trust.

Houston is a city with a reputation for its affordable housing. In fact, Houston ranks as the third most affordable city among major metro areas in the U.S.

Mayberry gave d-mars.coma behind the scenes look at what is needed to create homeownership in the affordable sector. His drive and commitment to his community is pivotal to where he is today. While he didn’t initially envision himself as a home builder, his aspiration during his early 20s was to be the owner of a Mercedes Benz after watching his father pick him up for visits, each time in a different model from the luxury manufacturer.

ACCORDING TO A COUNCIL FOR COMMUNITY AND ECONOMIC RESEARCH (C2ER) COST OF LIVING INDEX FOR Q3 OF 2021:

• Cost of living in Houston is 4.4% lower than the nationwide average.

• Living in Houston costs less than 25.6% of the average of the most populous U.S. metro areas.

Mayberry gave d-mars.coma behind the scenes look at what is needed to create homeownership in the affordable sector. His drive and commitment to his community is pivotal to where he is today. While he didn’t initially envision himself as a home builder, his aspiration during his early 20s was to be the owner of a Mercedes Benz after watching his father pick him up for visits, each time in a different model from the luxury manufacturer.

While working the night shift in downtown Houston, Mayberry would pass by a Mercedes dealership furthering his motivation to be a car owner, or so he thought. On an early Saturday morning, the businessman finally stopped at the dealership to test drive and purchase a 300 E Mercedes Benz. While driving the vehicle over the weekend, Mayberry was hoping his childhood friends would see him and admire what he thought was the pinnacle of success. With no one around to validate his moment, he gave himself the moment instead.

“To my surprise I saw no one I knew, but what I did see were people remodeling houses. It was like a light switch turned on. I then had to ask myself, ’why would I buy a car that clearly no one can see me in, rather than buying a house?”

Ultimately Mayberry’s realization turned his passion into purpose that would better serve the community and the citizens with their own level of luxury. He returned the car, and