Who Are We Keeping?
Young Couple Enjoys the Stability of Life at the Lofts
Housing Assistance prioritizes creating housing opportunities for locals. Unfortunately, those who cannot find an affordable rental on Cape Cod often leave our community – and their skills leave with them. Our goal is to keep locals housed so we can all benefit from what they have to offer.
When the Lofts at 57 opened in the summer of 2020, Isabelle “Izzi” Caplan and Manx Taiki Magyar were the first tenants to move into the cluster of eight townhouses constructed by Housing Assistance in Hyannis.
Taiki owns Big Tree, a local visual creative company that makes promotional content for Cape Cod businesses and nonprofit organizations; Izzi works on his team. They had been looking for a place to live together but were having trouble given the region’s challenging rental market. Currently, the rental vacancy rate is less than 1%.
“Everything we looked at was quite expensive, but low quality,” shares Izzi. “We wanted to live near Hyannis Main Street, but nothing panned out.” Then she discovered that the Lofts were nearing the end of construction.
Taiki and Izzi appreciate the convenient location on Ridgewood Avenue – easy walking distance to Main Street, the Hyannis Transportation Center and the Hyannis docks – as well as the camaraderie among Lofts at 57 residents. “I’ve cat sat for one of the neighbors quite a few times and people are really helpful if you need anything,” said Izzi.
Taiki added that he’s impressed by the level of service provided by the Housing Assistance property maintenance staff. “If there are any problems, they’re amazing,” he said. “Our other friends have private landlords, and the service is not even close to what we get here. We really love the spot.”
“A lot of our friends are in rental situations where they don’t know when the landlord is going to kick them out,” said Izzi. “One of our friends rents a house in Sandwich that was sold, the new owners plan to turn it into a summer rental, so they have to move out within the year. We definitely feel really lucky that our home is so stable.”
Learn more about Housing Development at Housing Assistance here. Learn more about Big Tree at bigtreevideo.com.
