video by @WTIUNewsBreak
Cook Group's housing development in Spencer has reached a significant stage. Employees have begun moving in.
This development comes at a time when a serious housing crisis is affecting many people, especially those on lower to middle incomes, due to rising housing costs. Cook's initiative offers an affordable solution that benefits not just its employees but also the local community.
Molly Cunningham, an Indiana University graduate who used to rent in Bloomington, was one of the first to move in. The initiative is aimed at those earning $40,000 to $120,000, as they are often unable to afford a home. To date, 14 houses have been completed and seven have already been purchased by employees, including Cunningham. The homes, priced at $200,000, provide an affordable housing option for workers.
More details:
Employees start moving into Spencer subdivision being built by Cook
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