PHOENIX—Rainbow Housing Assistance Corp., is a nonprofit thatprovides service-related programs for residents in low-incomecommunities. The services provided help residents with personaldevelopment, job readiness, financial resource management, healthand nutrition, and other areas tailored to the community'sdemographics and needs. Rainbow also helps owners offer programsthat directly correlate to tangible financial benefits and toimproving the asset's performance.

“Rainbow helps investors, developers and owners of affordablecommunities through a service-enriched housing model,” explainsJustin Walker, National Director of Business Development and Mediaat Rainbow. “Services help stabilize the tenant population, whichmay reduce related expenses. Rainbow also acknowledges investorrisk and provides significant oversight ensuring a financiallybeneficial partnership,” he tells GlobeSt.com.