Renovate Neighborhoods, Inc. (RNVT) 股價（美元）

Renovate Neighborhoods, Inc. (OTC:RNVT) is a corporation that operates under the edict of social entrepreneurship. It's core business is that of rehabilitating and developing residential housing that is introduced into the marketplace at or under regional affordable housing price points. Unlike conventional residential housing, affordable housing as a rule is not subject to The sales risks of absorption factors and market share ratios. This is attributable to the present and ever growing demand for affordable housing. The viability of this market is further enhanced by the need of financial institutions to conform to the federal Community Reinvestment Act (CRA) requirements to fund loans for such type of housing. This includes loans to the lower socioeconomic groups and veterans. In general the affordable housing market is vibrant in a stable economy and extremely vibrant in a downward spiraling economy. In addition the efforts for the rehabilitation and development of affordable housing by Renovate Neighborhoods, Inc. is further supported by its strategic alliance network with both for-profit and nonprofit organizations, and it's operating philosophy of acquiring diversified ongoing businesses that can add to and support the revenue Stream that generates affordable housing.