Through prudent management and successful investment in new home development, Home Ownership Alternatives has achieved a remarkable growth in its financial position over the last 10 years. The growth in HOA’s assets (as seen in the chart below) demonstrates the importance of preserving social equity in a permanent revolving fund for the benefit of future low and moderate income families.
This financial strength is an important factor for the viability of the affordable developments HOA supports and a key strategic advantage the HOA model provides over other means of delivering affordable housing.
