123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Real-Estate-and-Foreclosure >> View Article

Why Developers Like Kip C Cyprus Ocean Development Don't Settle For Inefficient Housing

Profile Picture
By Author: Rivera Hill
Total Articles: 1
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

When Kip and Amy became Mr. and Mrs. Cyprus, they began buying, renovating and selling homes for profit. In the process, they gained an understanding of housing needs in South L.A., an realized that there was a shortage of affordable housing, that was also modern and energy efficient. Since then, they have been dedicated to developing and managing property that meets minimum Section 8 requirements set by the U.S. Department of Housing and Urban Development, but also their own high standards for affordable and energy efficient living.


To Kip and Amy Cyprus, there is simply no reason that low-income families should have to live with substandard, inefficient housing with high utility costs. Moreover, keeping residents happy and their bills low, leads to higher occupancy rates and lower rental turnover.


Thankfully, over the years, federal, state and local governments have come to realize that developers like Ocean Development could use a little help meeting these goals and the needs of low-income families. As a result, the Los Angeles community, along with the Los Angeles Department of Water ...
... and Power (LADWP), has implemented a number of programs to improve energy efficiency for the entire city, while also paying close attention to the needs of low-income families.


According to a 2011 study by the LADWP, more than half of the 79,800 residents who participated in energy efficiency programs were low-income families. Together with other residents and businesses, they saved more than $150 million thanks to rebates and incentives. In the process, those residential and business consumers helped conserve more than 880 GWh's and eliminate over 498,000 metric tons of carbon emissions - the equivalent of removing 95,835 cars per year from the road.


Other programs, aimed specifically at low-income families also helped conserve. In 2011, the LADWP tripled the scope of a project that gives free Energy Star refrigerators to qualified households. L.A. residents were also able to take advantage of rebates for the purchase of energy efficient windows, air conditioning systems and refrigerators.


Programs like these only scratch the surface. But, they show that helping low-income families can also have environmental and economic benefits for the community and nation, at large.


Rivera Hill is fond of reading and writing on various matters associated with real estate and housing development professionals. In this article she is writing about Kip C Cyprus, a real estate developer and investor with decades of experience and also the owner of more than 300 properties.

Total Views: 126Word Count: 422See All articles From Author

Add Comment

Real Estate and Foreclosure Articles

1. Why It Is Wise To Have Fully Functional Residential Garage Doors
Author: DEN Garage Doors

2. Dlf The Dahlias Gurgaon: Exclusive 4 & 5 Bhk Apartments For The Privileged Few
Author: propertycloud

3. Experience Elite Living At Adani Ten Bkc – Starting ₹6.45 Cr*
Author: propertycloud

4. Piramal Aranya Byculla: South Mumbai’s Landmark In Luxury Living
Author: propertycloud

5. Rustomjee Erika Bandra – 2 Bhk Flats With Modern Kitchens & Open Layouts
Author: propertycloud

6. Hiranandani Bandra West: Book 3 & 4 Bhk Homes In Mumbai’s Elite Locale
Author: propertycloud

7. The Florida Homebuyer's Guide With List & Sell Real Estate
Author: solemediaus

8. Top Reasons To Book Your Home At Birla Punya Sangamwadi Today
Author: propertycloud

9. Origin Claremont: Elevating Urban Living With Panoramic Views And Exclusive Amenities
Author: Keystone Real Estate

10. Inside Raheja Modern Vivarea: Mahalaxmi’s Most Prestigious 3 & 4 Bhk Homes
Author: propertycloud

11. Shop For Sale Vs. Shop On Rent: What’s Smarter In Andheri East’s Commercial Market
Author: Horizon Consultants

12. Concrete Solutions For Every Setting: Public Paths, Commercial Interiors, And Residential Polishing
Author: Concrete Floor

13. Vinyl Vs Hardwood: Which Flooring Is Right For Home Renovation
Author: Bibaswan Roy

14. Common Mistakes In Land Development And How To Avoid Them
Author: Jake Lampard

15. Spj Vedatam Sector 14 Gurgaon | Retail Spaces And Serviced Apartments
Author: Gurgaon Property

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: