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Southeastern Housing Foundation Inc, Announces Partnership With Peabody Chase NY Llc

New housing initiative partnership Southeastern Housing Foundation inc, announces partnership with Peabody Chase NY llc

 
PRLog - Mar. 26, 2012 - Southeastern Housing Foundation, Inc has agreed in principal with Peabody Chase llc to promote it Lease to Own Program throughout the South East United States.  Rod Odom  Sr. rep at Peabody Chase said,“ Peabody Chase will help in bringing awareness  to a great program designed to be a solution for Americas housing crisis.  Southeastern Housing Foundation, Inc lease  to own program plans to acquire over 3,000 single family homes over the next two years for its lease to own program with the end result  ending in home ownership.”  Peabody Chase will also assist
Southeastern Housing Foundation, Inc  in securing  private and public investment/grants for the acquisition of the residences.  “Southeastern Housing Foundation, Inc’s Lease to Own Program provides a unique investment opportunity for individuals and  fund managers.” Odom said.


Southeastern Housing Foundation, Inc. is a 501(C) 3, not-for-profit organization founded to create affordable housing opportunities for low to moderate-income families and senior adults.  SHF’s  organization has been instrumental in the development, building, rehabilitation and management of both single and multi-family type properties throughout the southeast for more than eighteen years.  SHF also provides special programs for Veterans seeking home ownership.  
“As we continue to serve the Metro Atlanta area, as well other areas throughout the southeast, the need for affordable housing environments for families and seniors still drives our organization today.  In early 2011 we were introduced to the staggering number of homeless US veterans and the overwhelming need for affordable housing for the members of our armed forces and their families.  We have risen to the occasion with the implementation of our “A Home for the Brave” program that provides affordable new homes for the brave men and women that serve our country.  In addition, our lease to own program is second to none!  Our "LCP" program allows residents to build equity from day one, never losing money to ordinary rental housing.  Mark Wilson, CEO of Southeastern says "Our lease to own program is exactly the type of program needed in today's economic climate.  This lease to own initiative will help to stabilize the housing market and give the citizens we serve an opportunity to re-establish themselves."  "We are working to reinforce the American Dream."
The total initiative cost is approximately $100 million. The development is being financed using private and public funds.  Peabody Chase is lending its broad expertise in fundraising and marketing and will oversee various aspects of the fundraising and investment of the project until the houses are fully leased and eventually purchased by the lessees.

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Southeastern Housing Foundation, Inc. is a 501(C) 3, not-for-profit organization founded to create affordable housing opportunities for low to moderate-income families and senior adults. Our organization has been instrumental in the development, building, rehabilitation and management of both single and multi-family type properties throughout the southeast for more than eighteen years.

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Contact Email:
***@peabodychase.com Email Verified
Source:Mark Wilson
City/Town:Lilburn - Georgia - United States
Industry:Housing
Tags:affordable housing, real estate investing, rent to own
Last Updated:Apr 05, 2012
Shortcut:prlog.org/11833674
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