Investing With a Purpose
"A business that makes nothing but money is a poor business."
We believe a place to call home is vital to national progress across sectors, from health and education to our economy and neighborhoods. It’s essential to increase investment in innovations, products, and programs that tackle these critical housing issues. Producing as little as 100 affordable rental homes can generate over $11 million in local income, $2 million in taxes and other revenue for our municipalities and hundreds of jobs.
Affordable housing is one of the most important determinants of a healthy life filled with opportunity. While the economy has grown since the Great Recession, the lack of affordable housing has truly reached epic proportions, surpassing 7 million units needed across the United States. Putting that into perspective, there are approximately 15 available and affordable homes for every 100 low-income renter households. These numbers, do not include the tens of thousands of Veterans who return from duty