A Non-Profit On Improving Affordable Housing’s ROI

Justin Walker

PHOENIX—Rainbow Housing Assistance Corp., is a nonprofit that provides service-related programs for residents in low-income communities. The services provided help residents with personal development, job readiness, financial resource management, health and nutrition, and other areas tailored to the community’s demographics and needs. Rainbow also helps owners offer programs that directly correlate to tangible financial benefits and to improving the asset’s performance.

“Rainbow helps investors, developers and owners of affordable communities through a service-enriched housing model,” explains Justin Walker, National Director of Business Development and Media at Rainbow. “Services help stabilize the tenant population, which may reduce related expenses. Rainbow also acknowledges investor risk and provides significant oversight ensuring a financially beneficial partnership,” he tells GlobeSt.com.