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Housing Group Eyes 36 More Properties for Purchase
Four Oaks agency AHM seeks to buy 36 additional Wellington Heights homes with private funds and banks’ debt to boost owner-occupancy. Since inception, the initiative has purchased 54 properties, renovated 28, demolished four, and repurposed many as owner-occupied or rent-to-own homes, while noting mixed landlord resistance and concerns about market impact.
MENTIONED IN THIS ARTICLE
AHM
Proctor
Jim Ernst
Four Oaks
Ernst and
Joe Lock
Wellington Heights
Bever Ave. SE
Gram
Ernst and Lock
Justin Wasson
Ahni
Bever Avenue SE
Wasson
Clark Rieke
Mound View
First Avenue
Rieke
Ernst
AHNTI
Cedar Valley Habitat For Humanity
Lock
Fourth Ave
Pat Shey
Monica Vernon
Fourth Avenue SE
Cedar Rapids