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 In our country today, there exists a nationwide shortage in affordable housing options. The burden of achieving housing stability presents a significant hardship for low-income families to meet their basic needs. Global Premier Development, Inc. (GPD) was formed in 2004 to address the lack of decent, safe and affordable housing for low-income families and seniors, which is essential for a high quality of life. Affordable housing communities also serve larger social needs, helping to stabilize and reinvigorate neighborhoods in decline, or creating "infill" housing opportunities in redevelopment areas. Our philosophy has always been to build the best quality housing no matter what market segment we are targeting, and that’s why we believe our low income housing is some of the best in the United States. GPD has developed approximately 2,000 units of Affordable Housing, under Section 42 of the Internal Revenue Code. We strive to deliver an attractive product that is often superior to market-rate apartment complexes in the surrounding community and our properties provide a safe environment enriched with community activities and educational programs. Together with our Joint Venture Partners, we are dedicated to providing housing that can assist families in making the American Dream of home ownership come true. By providing very affordable rents, residents are often able to save their resources for a down payment on a home in the future. The participation and endorsement by federal, state and local municipalities allows us to provide lower than market rents to qualified tenants, enabling these savings. GPD's management team have collectively planned and developed a combination of over 3,400 low income and market rate units with development costs exceeding $800,000,000. We are composed of Real Estate Developers, Business Consultants and Legal Counsel that have extensive experience in finance, development, business, real estate and government compliance-work. GPD's affiliate company, Global Premier America Regional Center, utilizes the EB5 Foreign Investment Visa as a source of financing real estate projects. |
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