Affordable Housing Finance’s Post

Are you a Veteran and falling behind on your rent payments? Learn about the @VeteransAffairs Supportive Services for Veteran Families (SSVF) Shallow Subsidy service, which provides up to 50% of the lease rent for eligible Veterans. https://lnkd.in/eUVQmZCa · Did you know the @VeteransAffairs provides rental assistance to eligible Veterans through its Shallow Subsidy service? If you need support, learn how this program can offer up to 50% of your rent for as long as 24 months. https://lnkd.in/eUVQmZCa

From Pain to Legacy 🕊️🏡❤️ In the darkest moments, we often find the most significant opportunities. For parents who have lost their children to gun violence, it's hard to imagine a future without them. But what if we could turn our grief into a force for good? What if we could create a legacy that honors our child's memory and ensures their bright future? That's precisely what this family has done. They purchased their dream home, free from the burdens of down payments, closing costs, and fees, and now they’re proud owners of a piece of their dream community. They did it with the help of NACA's below-market fixed rate, and we invite you to join us in building a brighter future for generations. Don't let tragedy define you. Let it empower you to create a legacy that will outlast us all. Join the movement and start building your wealth and home today. #NACA #Homeownership #WealthBuilding #Legacy #GunViolenceAwareness

Happy Memorial Day! As we honor the fallen and their families and celebrate the hard work and sacrifice of those who serve, I wanted to stay apprised of the latest options in real estate for veterans and their families. Along with the cool opportunities like using a VA loan to invest in multifamily properties, there was also some disheartening news. Although the number has been significantly reduced, there are still 33,000 veterans estimated to be homeless nationwide with a third of those being homeless in California. There's been much discussion, especially in the last couple years, about possible solutions to resolve this or meet the needs of homeless vets. I found this video that peaked my interest and I'm curious what you all think. This military veteran aims to answer: "Is it possible to run a successful for-profit business that also provides high-quality housing for homeless veterans?" I put a little recap below, but would love for you to take a watch and let me know what you think... https://lnkd.in/gNaFwvd7 "3 Components to Running a Profitable RE Investing Business Housing Homeless Veterans": This video outlines three key components to running a profitable real estate investing business focused on housing homeless veterans. The host discusses the importance of securing funding, finding suitable properties, and establishing partnerships with local organizations. Pros: The video offers a noble and socially impactful investment strategy, providing a clear framework for supporting homeless veterans while building a profitable business. Cons: The process described may seem complex and resource-intensive, which might deter some potential investors. Additionally, it assumes viewers have access to significant capital and resources. Different Perspectives: Some may argue that focusing solely on profitability could overshadow the social mission. Others believe that a balanced approach can achieve both financial success and social good. Key Takeaways: Successful real estate investing in housing homeless veterans requires funding, suitable properties, and strong partnerships. Balancing profitability with social impact can lead to sustainable and meaningful business ventures. Reflection: How can you balance the need for profitability with the goal of helping homeless veterans? What resources and partnerships can you leverage to start this type of business? If this video is sparking something for you, maybe you can: Identify and reach out to local organizations that work with homeless veterans to explore potential partnerships. Develop a business plan that includes both financial goals and social impact objectives. For more information on supporting homeless veterans, visit National Coalition for Homeless Veterans and HUD’s Veterans Affairs Supportive Housing (VASH) Program.

Revolutionizing Veteran Housing: Affordable, Permanent Solutions In addressing homelessness among veterans, I’m leading an initiative that uses modular container homes and public land grants to create affordable, permanent housing. This approach promises not only a dramatic reduction in construction time but also significant cost savings for taxpayers. Traditional home-buying methods can be out of reach for many homeless veterans, as they often lack the financial resources or credit scores necessary to access VA home loan guarantees. Through this project, veterans will have ownership of their homes, creating stability and dignity within a model that is both scalable and sustainable. By utilizing locally sourced materials and available public land, this initiative could reshape how we tackle veteran homelessness, offering a feasible, taxpayer-friendly pathway to permanent housing that supports our veterans long-term.

Rocky Mountain Community Reinvestment Corporation has provided $6,377,621 in permanent financing for the new construction of East 72 Apartments in Midvale, Utah. This multifamily development supports the community by providing 89 units for households earning between 25% - 50% of the area median income (AMI). 40% of the units will be subsidized via a federal rent subsidy. 5 units will be set aside to serve those exiting homelessness, there will be 10 ADA units, 5 units set aside for disabled residents, and 5 units will be set aside to serve domestic violence survivors. Service providers for these set aside units include organizations with long standing relationships with Housing Connect that include The Road Home, YMCA, South Valley Services, and Utah Independent Living Center. We extend our deepest appreciation to Housing Opportunities, Inc., which operates as the nonprofit development entity through Housing Connect, the sponsor/developer of this project, in collaboration with Chelsea Investment Corporation, The Richman Group, Zions Bank, The Utah Housing Corporation, Olene Walker Housing Loan Fund, Salt Lake County, Redevelopment Agency, Housing Opportunities, Inc., American Rescue Plan Act, and energy rebates from Rocky Mountain Power and Dominion Energy. Each partner brings unique strengths to this project, ensuring its success and sustainability. This endeavor exemplifies our mission to increase and preserve safe, clean, and affordable housing. For more updates and information on our projects, visit our website. #CommunityDevelopment #AffordableHousing #SocialImpact #RMCRC 

On this Veterans Day, if I had one wish, it would be for us to stop funding failed homelessness policies like the ones in this recent article. As Marines, we know the difference between a plan designed to ‘not lose’ and one designed to WIN. California’s ‘Housing First’ approach isn’t a solution—it’s a containment strategy that promotes dependency instead of empowerment. It’s a plan built to avoid failure, not to succeed. And it’s killing us. Yet nonprofits and politicians continue to champion it. Why? Because the tens of billions of dollars poured into these efforts have made failure profitable. We owe it to our veterans and every American to push for real, effective solutions. https://lnkd.in/gNSMheMT

South Dakota Community Foundation (SDCF) recently awarded a $10,000 South Dakota Fund grant to Veterans Community Project (VCP). Funding will help support Veterans Support Services, which impacts the lives of Veterans at risk of and experiencing homelessness in the Sioux Falls region. VCP offers holistic support and community collaboration, guiding veterans and their families towards sustainable housing and improved well-being. VCP utilizes tiny homes to allow veterans to progress at their own pace, while receiving individualized care programs tailored to their needs, to prepare them for a self-sustaining life outside of VCP. Once a veteran is Permanent Housing Ready, they are healthy, well trained, have healthy relationships, steady income, and financial stability. To learn more about funding opportunities offered by SDCF, please visit our website at https://lnkd.in/gJTbsp5S Pictured: Craig Hernandez, Lead Case Manager; John Holter, Executive Director; and Alisha Grove, Director of Development #SDCF#VeteransSupport #VeteransServices #VeteranAdvocacy

Why does eXp not only work for Agents who want to take their business to the next level! Brokerages can benefit also! Ask me how this disruptive agency is changing the face of Real Estate! #wheretheprosfotogrow #exp #passiveincome #stockshares #globalnetwork

Great report on housing and what is happening locally. There is little doubt that with 1) folks living longer, 2) less traditional families and more one parent households…creating a need for two roof tops vs one, 3) a large influx of people into this country seeking asylum (economic opportunity) and 4) Air BnB eating up 1% of housing stock and growing…that housing availability is a challenge. As demand grows and supply stays flat….prices will continue to push up for the foreseeable future.

Why on earth did we build Hiizzy ? Why take on the goliath that is the estate agency industry - the up to 52,000 or so firms of estate agents that exist in the UK? The £12.9 billion industry that charges something between 1% and 3% of the total value of your home, for most your biggest asset, to sell it for you. The Rightmoves and the Zooplas who reject private sellers allowing only estate agents onto their marketplace aggregator platform. This industry has all us homeowners exactly where they want us. Disempowered. Confused. It's too complicated. You can't possibly sell your home yourself. It’s only ever been done this way. Did you know that according to IPSOS Veracity Index 2023 that 72% of people do not trust estate agents? Wow. Yet almost everyone still uses an estate agent. Why? Because, before Hiizzy, there was no real alternative. Welcome to Hiizzy You can now choose a better way. You can be empowered. You can be in control 24/7. Selling made simple. Hiizzy Go check it out. Right now, it's free for early adopters. No hidden extras. None. And of any revenue earned (Hiizzy will charge only £395), 10% will go to charities dealing with the awful and growing problem of youth homelessness. Don't take my word for it. See what Mr Denning said: "Just stumbled across Hiizzy and instantly listed our house on the site. Really easy to use, clean and clear interface and really helpful. This is exactly how easy things should be to list your house, no fuss, no drama and easy - 10 out of 10": Trustpilot Review 17 June 2024. Thank you, Mr Denning.