Investors - Affordable Housing Trust

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Affordable Housing Trust Building Solutions to the Housing Crisis

Transcript of Investors - Affordable Housing Trust

Affordable Housing Trust

Building Solutions to the Housing Crisis

Hong Kong

Vancouver

San Fransisco

Sydney

San Jose

Melbourne

Auckland

San Diego

Los Angeles

London

0 3.75 7.5 11.25 15

Least Affordable Housing Markets

Median Multiple: Median House Price Divided by Median Household Income

(Gross)

Residential Construction

The Affordable Housing Trust

Why it Matters & How it Works

Housing Crisis is a Community Problem

Requires a Community Solution

&

50/50 Model

Sell 50% at market price

Buy at discounted rate, sell at same rate

Covenant

Build Market Housing

Sell 50% up to 1/2 market price

The Steps to Solving the Housing Crisis

Advisory Board

Housing Trust

Corporate &

Investment Partners

Media &

Marketing

Buy, Build & Repeat

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2

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4

5

iInvest In

Housing

Corporate Social

Responsibility

Cause Related

Marketing

Reduced Development

Costs

Non-Profit Housing

Development

Affordable Homeownership

& Rental

Innovative Tax Strategies

If 5% of Vancouverites invested $2,000 each it would enable the trust to build two $30 M dollar projects at once.

Once the model is proven it will be shared with other non-profits to continue “Building Solutions to the Housing Crisis.”

Corporate Social Responsibility

Hundred’s of corporations in BC committed to CSR

Cause related marketing

Brand awareness

Goodwill

Money markets 0.05% to 0.01% Media coverage

Cost Comparison

Full Market Cost(sf) $690

Affordable Covenant $345 $517.50

SF per unit 800 600 300

Full Market (690/sf) $552,000 $207,000 $103,500

Covenanted deed at 50% in perpetuity

($345/sf)$80,000 $50,000 $26,000

Household Annual Income required $80,000 $50,000 $26,000

Condo fees (mtg based on 95%

first time home owner)$400 $300 $150

Dragon’s Den