About Us
Everyone deserves a home that is safe, regardless of income.
We believe that access to affordable housing is key to the long-term success of a community. Yet today there is a gap of seven million homes available to lower-income members of the workforce.
Optimizing performance in an undervalued asset class
Our roots are firmly in the tech world. By leveraging those resources, we've unlocked operational and data-driven efficiencies that enable an asset class that historically has been overlooked.
1.
Market rent, regardless of source
Many believe that lower-income means lower rent. This isn't the case - HCVP participants pay the Fair Market Rents.
2.
Long tenancy lowers operating costs
All tenants are screened the same, regardless of payment source. This drives long-term tenancy, with stabilized cashflow and minimal CapEx.
3.
Acquisitions at 30% of replacement cost
Our average cost of acquiring an individual property is a fraction of what  equivalent new construction would be.
4.
Operations managed via local partners
All operational activities are managed by local, in-market partners. This allows us to operate at scale with minimal overhead.
Seeking Alpha While Doing Good
As a firm we believe that generating quality, yield-driven returns and improving the human condition are not in opposition.
Management Team
Mr. Bagdasarian is a seasoned technology operator, and the Founder and CEO of Simply Homes, Inc - a venture-backed real estate PropTech company that has developed its machine-learning driven automated sourcing and underwriting platform for the distressed housing sector. He previously held roles at several top tech firms.
