Sustainable Affordable Housing
The Catalyst for Turning Around a Community
The United States is witnessing a radical shift—a quiet revolution—in its approach to the revitalization of distressed urban communities. For almost sixty years, the U.S. has dutifully delivered a top-down “Community Development” system, narrowly focusing on producing low-income rental housing with a mix of federal tax incentives, federally encouraged bank debt, and direct federal subsidies.
Income inequality today is the highest it has been since the government began measuring it in 1967. A significant percentage of urban neighborhoods, even those blocks away from reviving downtowns, robust waterfronts, and university areas, are characterized by high poverty, low social mobility, weak market demand, and growing income, health, education, and wealth disparities.
Community Wealth is part observation, part aspiration, and all provocation. We need radical change at all levels and across all sectors if we are to alter fundamentally the life trajectory of disadvantaged residents and disadvantaged communities. Historically, Black and Brown people sit on the wrong side of access to quality capital and mentoring to help residents purchase homes and build businesses. Quality capital remains scarce while parasitic capital for dollar stores, payday lenders, and check cashers is plentiful.
MPAC plans to be an active player and change agent in the community development arena by broadening its scope when entering into a distressed community. MPAC’s business model goes beyond housing. MPAC establishes innovative business demands to ensure financial best practices are achieved with fair and equitable lending instruments. We focus on growing entrepreneurs and building strong local economies when entering into a community’s space.
Value propositions: (i) community-centric service drives response; (ii) uncompromising quality of products drives trust; (iii) fierce commitment to community drives satisfaction; (iv) employing competent, caring, and well-trained individuals who are responsive to the needs of our customers drives adoption; and (v) providing excellent and affordable housing and community-based services drives value.
Next New Concept™, MPAC’s development partner, has developed a cost-effective alternative to wood-frame construction that utilizes super-strong, lightweight, structural aluminum technology for walls, floors, and roofs as a complete, structural insulated building envelope for virtually any style home, low-rise multi-family, and light commercial projects.
Since April 2020, historically volatile lumber prices have increased 130%. Wood is susceptible to water damage, mold, decay, warping, fire, and termites. Twisting wood cracks drywall, stucco, and other finishes that cause water and air leakage and require costly repairs.
Our vision is GREEN.
We demonstrate “green” technology with every structure, as well as the application of processes that are environmentally responsible and resource-efficient throughout the building’s entire life cycle.
Our Four-Pronged Sustainability Approach:
Complete Air Infiltration Control
Total Moisture Control
Higher Quality Materials – Non-Wood Building Envelope