$20K ForeverWednesday, September 16, 2009
We saw some of the $20,000 houses that Auburn's Rural Studio has been building in Greensboro. The idea is that the houses cost $10k in materials and $10k in labor, permits, profit, etc. It's also designed to be a good choice for people with low incomes who qualify for the government's USDA 502 Rural Home Loan Program. The 502 is a $20k loan with 30-year repayment for home repair or construction.
Are you thinking that some of these $20k houses would make great little lake cottages?