Preserving naturally occuring affordable housing with Dr. Canaan Van Williams

Manufactured housing assets and mobile home communities, along with single-room occupancy motels, and multifamily properties, are key sources of Naturally Occurring Affordable Housing. On this episode, Proactive Realty Group’s Canaan Williams (ImpactAlpha Edge) tells how he has acquired and renovated nearly two dozen distressed, condemned or nearly abandoned assets and rehabilitated them, including with energy upgrades, while preserving below-market rents. Dr. Van, as he is known, knows housing from growing up in a working-class Bay Area family that relied on Section 8 subsidies. South Carolina-based Proactive’s fixed-income strategy promises monthly payments from the rental stream.