ELKHORN, Neb. (KMTV) — Developers say build-to-rent homes coming to the Omaha metro give renters a more affordable path to single-family living without ownership
- Right now, the Omaha metro faces a shortage of nearly 78,000 affordable housing units according to the Nebraska chapter of the Urban Land Institute.
- Arizona-based Cavan Companies is preparing to lease homes in two new build-to-rent neighborhoods in Elkhorn, with a third community set to break ground this spring in Papillion
- According to the U.S. Census Bureau’s Survey of Construction, the number of build-to-rent homes has grown by about 20% since 2022.
BROADCAST TRANSCRIPT:
Single-story homes designed for renters are coming to Elkhorn and Papillion as the Omaha metro faces a shortage of nearly 78,000 affordable housing units.
Arizona-based Cavan Companies is preparing to lease homes in two new build-to-rent neighborhoods called The Bungalows in Elkhorn, with a third community set to break ground this spring in Papillion. The homes range from 700 to 1,400 square feet and function similarly to apartments, but without shared walls…