Richfield households making less than $35,000 a year make up 31.5% of the population (American Community Survey, 2012-2016). To help preserve Naturally Occurring Affordable Housing (NOAH), the city’s Economic Development Authority partnered with Aeon, a nonprofit affordable housing developer, to acquire Seasons Park Apartments before the property could be turned into luxury apartments. Aeon’s requirements make it easier for low-income households to qualify. Mayor Elliott explains: “…Richfield is not displacing 100 or 200 more of our students from the school and we’re not displacing people that if they get forced out of there, they end up going somewhere else where they’re living in apartments with mold or appliances that don’t work or landlords that don’t take the proper steps to make sure it’s a secure facility for people that are trying to raise families there.”