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Local Man Brings Affordable Housing To Owensboro

Gary Boswell noticed a lack of affordable housing in the area.

Posted: Oct 27, 2021 8:08 PM

A 9-acre plot of land covered in trees on Ownesboro's east side is set to become new, affordable housing thanks to one man.

Gary Boswell has lived in Owensboro much of his life, working as a property developer. With the housing market as hot as it is, he noticed affordable houses are becoming more difficult to find.

With this in mind, Boswell purchased land in Owensboro for $375,000 with the goal of building 37 houses over the next few years. 

"We're hoping to build some houses that people would be able to buy and be able to have basically have the same type of monthly payment that they might have if the had to rent," Boswell told 44News.

Boswell plans on selling each house for no more than $200,000, so that those in median income households can afford a new home. 

"People would love to own a home if they could afford it," he went on to say.

Boswell and his team plan to break ground on the first house by the end of 2021.

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Wow!!!! It's cold!!!! After a trace of snow in Evansville and some highe amounts to the south, we're waking up to temperatures in the mid to upper teens across the Tri-State. Thankfully, road crews did a fantastic job treating the roads to keep conditions from getting slick. However, the northerly winds gusting as high as 15 to 20 mph has dropped wind chill values into the single digits and even below zero in our western communities. There won't be much of an improvement in temperatures this afternoon. With the strong northerly wind flow and dry skies our highs will only reach the mid to upper 20s. Winds will stay quite breezy keeping the wind chill factor in place through the day.
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