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About The 1 Percent Club

Location:

1 Blackfield Dr # 412, Belvedere Tiburon, CA 94920, US

Mission Statement

Our mission is to expand affordable housing opportunities across the United States by leveraging the Section 8 housing program and private funds from generous donors and investors. We provide below-market rate financing for purchases and renovations of multifamily apartment properties to increase the available number of high-quality, affordable rental homes. When the multifamily properties are sold, Section 8 tenants stay in place and loans are repaid and available our next project. We offer educational and support services to all tenants through partnerships with local amazing existing for for-profit and nonprofit organizations. Our goal is to empower families and children so they can achieve financial independence and no longer need government assistance. We reduce small business gentrification. We provide below-market financing for commercial properties that lease to businesses with fewer than 25 employees in up-and-coming areas. These businesses are crucial to local communities.

Description

Founded in September 2023, we are taking a different approach to expedite the expansion of affordable apartment rental units across the US and reducing homelessness. We do this using a unique combination of resources including the Housing Choice Voucher Program - Section 8, community banks, real estate private equity, local and national partners, and local and national donors.