*Author’s note: This story was co-authored by Jennifer Hossler and Carey Sipp.
Real estate developer Marjy Stagmeier was sifting through tenant applications for an apartment complex she had purchased in Atlanta and noticed something disturbing: Many of the applicants were single mothers making $8/hour.
“I wondered how these women could afford to live on so little, with the cost of housing, childcare and the daily needs of life being so high. Seeing how little they made moved me to decide, then and there, not to ever raise the rent,” says Marjy. “I wanted to keep rent affordable.”