TRU Impact Investing-Social good and return on investment
Asset Based Real-Estate Investing For Social Good. Delivering Consistent Returns.
- We invest in the future of cities housing to create sustainable affordable housing, improving the quality of life of families as homeowners, and making an impact on the cities economy and neighborhoods.
- Our business model focuses on low-income census tract areas in need of economic redevelopment by purchasing blighted properties from Land Bank inventories.
- Improving cities, neighborhoods and families lives by developing local collaborative partnerships with the cities Economic Development & Opportunity Zones groups, local banks, Non-profits, neighborhood associations, and churches.
- Our local collaborative impact investing approach enables us to use a density development strategy. Focusing on specific cities and neighborhoods so we are able to change the social economics at scale.
- Responsible investing with a social & moral compass- We live by the Golden Rule
- Generating conservative asset-based annual returns of 11.75%.
- Fees: 20% of the profits with 2% management fee.
The Investment Pillars of TruFund
We invest in developing single and multi-family modular and stick build residential. Purchasing undervalued assets in the form of non-performing bank notes, REO’s, Land Bank properties.
Renovation of blighted homes that have been neglected, or distressed due to localized socio-economic issues, or reclaimed by cities for violations in need of rehab.
Defaulted Bank Note
We invest in notes that no longer fit the banks or financial institutions criteria. Taking the time to work with homeowners and families to regain their financial footing and stay in their homes.
Real Estate Investment Fact: Real Estate Note Investments were a $436
Billion segment in 2018, and the trend is increasing.
Upsides of TruVest Real Estate Note Investing Strategy:
- Proven strategies to identify and invest in undervalued assets
- Bespoke and flexible investments
- Secured by real estate equity
- Doing well by doing social good. While defaulted noteholders no longer fit the bank’s criteria. Man families have the ability to stay in their homes if given the framework to be able to restructure their debt. Our first step in note investing is to work with these families to stay in their home and improve their quality of life.
There is a significant affordable housing crisis in the United States, and the need to invest in the housing infrastructure of once-booming, now aging and decaying industrial age cities. Communities across the country are facing low-income housing shortages. Which is being further compounded by the social-economic decay due to the sense of degrading quality of life hopelessness, compounded by the drug epidemic in these areas.
There is not a single county in the United States that can fill 100% of its low-income population’s need for safe, affordable housing.
46 million people live in poverty in the United States. This number has increased 38% over the last 13 years – the highest rate in almost 60 years.
More than 11 million Americans now pay more than half their salaries for their monthly income for rent. This rate has increased more than 30% over the last five years, which is also a record high.
One in four housing markets not affordable by historic standards; Data from ATTOM Data Solutions shows 24% of US counties are now less affordable now than last year at 19%.
15 million children (or 21% of all children) live in families with incomes below the federal poverty level.
Poor housing and poor health are tied together, especially with children. When homeless or low-income families have to comprise on housing, their health declines including worsening asthma and allergies tied to poor housing conditions; pests; molds and chronic dampness; lead exposure and increased accidents/injuries from exposed wiring and other needed repairs.
Millions of Americans are struggling to afford a place to live. In order to afford a modest, two-bedroom apartment in the U.S., renters need to earn a wage of $20.30 per hour. In six states and the District of Columbia, they need to earn more than $25 per hour.
US minimum wage is $7.25/hour. A renter would need to work 90 hours per week to afford a one-bedroom rental home at the Fair Market Rent and 112 hours per week to afford a two-bedroom.
On average, there are only 28 adequate and affordable housing options for every 100 extremely low-income households.