Affordable Housing of America Inc. (AHA) is a corporation that operates under the edict of social entrepreneurship, its core business is that of the rehabilitation and development of residential housing that is introduced into the marketplace at or under regional Affordable Housing price points. Unlike conventional residential housing, “Affordable Housing” as a rule is not subject to the risks of absorption factors and market share ratios.
There exists at present an ever-growing demand for Affordable Housing. The viability of this market is further enhanced by the need of financial institutions to conform to the Federal Community Reinvestment Act (CRA) requirements to fund loans for such type of housing. This includes loans to the lower socioeconomic groups and veterans. In general, Affordable Housing is vibrant in a good market and unlike conventional housing, extremely vibrant in a downward spiraling economy.
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