Since 2006, Hilt Tatum IV, a real estate and technology investor, has served as a president and partner of iPoint Capital Partners. Hilt Tatum IV is a lead partner in various intellectual property and real estate development companies changing the lives of the local communities through investing in affordable housing projects.
Impact Housing Corporation is a Panama-based real estate development company that intends to commit $250 million to build 5,000 affordable homes over the next decade. This plan calls for developing homes in three projects, i.e., Suenos de Santiago, La Reserva, and Los Suenos de Sona. The first project began in 2013, and the last project is expected to be completed by 2024. By its completion, local communities will have benefitted in many ways. One-way affordable housing will benefit the locals is by allowing them to have the necessities of life. With affordable housing, families can put nutritious food on the table and have increased spending power on healthcare and education. Communities can also benefit from affordable housing through increased hiring and revenue generation through tax. More affordable housing projects mean more jobs for property managers, security staff, and leasing agents. It also means more tax income generated to support and fund community projects.
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AuthorHilt Tatum is CEO of Oxford Consulting Group - International business consulting Archives
December 2019
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