Investment
Strategy

Critical
Housing Needs

LIHTC:
First Ten Years

Category B and C
Properties

Affordability
Sector of the
Housing Market

Consumer Trends

Political Trends

Target Market
Critical Requirements

Active Housing
Finance Agency
Environment

Our strategy to provide homeownership opportunities to economically disadvantaged consumers is through acquiring and converting LIHTC apartment projects, whose credits have or are expiring, and other rental apartments, into condominium units.

Those units will be kept affordable so that they can be purchased by existing tenants of these rental LIHTC apartment properties and other qualifying home buyers. These projects and their repurposing should have the support of local, state and federal housing agencies who are concerned about the preservation of affordable housing inventories that have been built up during the last fifteen plus years.

While providing affordable condominium units is our main business activity, we intend to pursue other means of providing affordable homeownership opportunities to working families. We believe that it is timely and important for the private sector to invest in this housing segment and will explore all practical business models to fulfill our vision.