In the fourth quarter of 2023, we continued our mission of merging financial growth with social impact, achieving significant milestones along the way. The period saw robust financial performance, with a continued focus on affordable housing and community empowerment.
-Q4 delivered strong financial performance, achieving over $3 million in assets recovered since Q3. This growth can be attributed to a combination of our beloved PhilanthroInvestors™ and a buoyant market.
-The average cash-on-cash return (previously referred to as Cap Rate) is currently at 11.14%
-We’ve gained 1 city and 2 more counties in the US to provide stability to our families!
About our families:
-We’ve helped families become current on their payments by over 10% from last quarter! This is a massive step to gaining financial freedom and owning their homes.
-For families that are under 90 days behind on their monthly payments, we’ve decreased by over 12% from Q3! Again, this is a major improvement for our families quality of living.
Our commitment to transparency was upheld through regular and detailed reporting, providing investors with clear insights into the performance of their portfolios and the social impact generated. Looking ahead to the first quarter of 2024, Equity & Help remains committed to our mission. We anticipate continued financial growth, driven by a proactive and socially responsible investment approach.
We extend our gratitude to our PhilanthroInvestors™, partners and the communities we serve for their continued support. Together, we look forward to a future where impactful investing becomes the norm, creating lasting positive change.