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Photos: Green Valley in black and white back to the 1970s

Green Valley started in earnest in 1961, when Chicago investors purchased 2,900 acres of grazing land in the Canoa Land Grant from Farmers Investment Company (FICO).

They were lured by the promising elderly retirement and an amendment of the Fair Housing Act that allowed for government support of construction. The University of 蜜柚直播 Foundation acted as a sponsored for the retirement community with a $12.5 million federal loan.

The community officially unveiled in 1964, but the housing market slumped and development did not pan out as expected. Federal Housing Authority took it over. At that point, the community amounted to a 371-acres, which included a golf course, shopping center, community center, some apartments and various parcels of land. The remaining land was development into homes by the reorganized investors group, Green Valley Development.

In 1972, Fairfield Green Valley Inc, a subsidiary of the developer of retirement communities in Arkansas, bought out Green Valley Development.

The FHA sold its holdings Haven Management Corp. of Chicago.

Today, Green Valley boasts a population of more than 20,000 over about 20 square miles.

All photos 漏 蜜柚直播 and 蜜柚直播 Citizen

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