A registered 501(c)3 nonprofit organization in the United States, Breaking Housing Matters (BHM) is a grassroots housing movement coordinating with local officials and stakeholder groups to achieve affordable housing profitability. BHM promotes compassionate capitalism by bridging local public and private efforts to adopt a financially sustainable solution to the affordable housing crisis.
5 Steps for Your Community
- Municipal government leaders determine which grants and tax benefits they currently offer and pursue additional funding from county, state, and federal governments.
- Foundations, philanthropic organizations, and interested individuals channel grants and donations to the Housing Subsidy Fund (HSF).
- Landlords, developers, and real estate professionals direct a small percentage of their profit and charitable contributions to the HSF.
- Financial institutions that make mortgages and construction loans or finance bonds for infrastructure projects allocate a percent of their basis points and charitable contributions to the HSF.
- Religious houses of worship and housing-related nonprofits contribute a percentage of the donations they receive to the Housing Subsidy Fund.
Our Solution
BHM’s Housing Subsidy Solution (HSS), a partnership between the public and private sectors, consists of:
- Housing Solution Ordinance (HSO)
- Housing Subsidy Fund (HSF)
The Housing Solution Ordinance, a locally customizable framework, states:
- No buyer or renter shall pay more than 25% of their income for housing.
- The difference is paid for by the Housing Subsidy Fund, a local privately managed fund contributed to by the five key collaborative stakeholders.
- Landlords, developers, and sellers shall be guaranteed a reasonable return on investment (ROI).
Meet Our Founder
With an extensive career spanning over four decades, Peter de Krassel is a trusted political advisor, attorney, author of the Custom Maid Books series, public speaker, and international business entrepreneur. As the founder of Breaking Housing Matters, he is on a mission to address the housing crisis, create community, and bridge the gap between affordability and profitability.
Building affordable housing profitably.
www.BreakingHousingMatters.org
