Condominium Apartment

Ownership Program

 

Affordable Housing Plan

The need for affordable housing in large US cities have reached a critical point. Low and moderate income families are being displaced by high rent, taxes and property speculators. The consortium recently introduced the new Live-Inn-Investment Condominium into the real-estate marketplace. This new condominium business model will help priority renters and others to live well below market rented rates, even in high-rent districts. 

 

The Consortium has also developed an affordable housing model that convert public housing into condominiums. It is being  developed in conjunction with community organizations with experience in working with low income people. The first of these new innovative projects are being planned for Baltimore City. This renovated project will be made-up of two and three bedrooms condominiums, and they will cost between $25,000 to $35,000 each. When the complex is completed it will be worth more than $6 million dollars.

 

Local community groups assist in getting governmental approval for these public housing  projects such as the $6 millions dollars proposed for a Public Housing Conversion Project in Baltimore. To mange the affordable housing programs, the consortium seeks community organizations such as churches with experience in working with low and moderate income home buyers.