About Us
What is HILOA?
HIGH INCOME
(our donors)
LOW INCOME
(economically vulnerable)
AFFORDABLE HOUSING
(sound & green units)
High Income
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All capital for land, construction, and projected reserves is secured prior to ground breaking
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Private grant and private foundation funding
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Public grant funding (federal, state, and municipal)
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Private donations
Low Income
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Less fortunate families lease the affordable units
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HILOA defines "Low Income" according to the AMI where our developments are located
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"Affordability" usually ranges from ELI to 50% of AMI
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ELI - extremely low income
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AMI - area median income
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Affordable and Sustainable Housing
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Modern green energy efficiencies result in lower expenses for the resident families
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$0 debt servicing expense
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Financial output of the property after full leasing adds to funding (free cash flow) for future HILOA projects
We build affordable, energy-efficient residential housing for families
HILOA is an IRS Section 501c3 nonprofit organization established in Virginia. We build affordable, green-certified residences:
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Environmental Building Design to Certification Standards
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Environmentally Sound Construction Materials
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Energy Efficient Infrastructure (Water and Electricity)
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100% of the units are affordable
Housing
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Safe and clean air and water
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Walkable Communities
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Access to essential elements for living (nutritional, medical, dental, educational, recreational, cultural, etc.)
Climate
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On-site renewable power generation
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On-site power storage
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Energy-efficient construction design and construction materials
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Parking equipped for EV charging
Economics
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Affordable rents
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Minimized utility costs
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Walkability with easy access to multiple modes of public transportation
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Proximity to employment opportunities