Five friends with a vision for a better tomorrow!
Premier Five LLC is a real estate company committed to developing residential properties to support low-income families from all backgrounds. Founded by FIVE friends who overcame humble beginnings, Premier Five leverages education to break generational cycles of poverty and redirect their focus toward faith, health, personal growth, and financial success.
With a desire to share the fruits of their success, Premier Five plans to purchase, renovate, and convert two, three, and four-bedroom multi-family residential properties in Cleveland, Ohio, and the surrounding areas into affordable housing for underprivileged families.
Our company targets properties priced between $65,000 and $100,000, with a renovation budget capped at $20,000 per property. Each property will be designated for the Cleveland Housing Authority's affordable housing rental list, ensuring that we play a role in providing low-income housing.
Homelessness in America has reached alarming levels, with over half a million people experiencing homelessness on any given night. This includes families with young children, veterans who have served our country, and individuals who have fallen on hard times due to job loss, medical emergencies, or other unforeseen circumstances. The lack of affordable housing is a primary driver of this crisis, as rising rents and stagnant wages have pushed many households to the brink of despair.
In 2024, America faces an unprecedented housing crisis that has left millions of families struggling to find a safe and affordable place to call home. The stark reality of homelessness and poverty in our nation demands urgent action and compassionate solutions. This crisis is not just about statistics; it is about the lives of countless individuals, including children, who are deprived of the fundamental stability and security that a home provides. Poverty exacerbates this crisis, with nearly 37 million Americans living below the poverty line.
In Cleveland, Ohio, the situation is particularly dire. The city has been grappling with high poverty rates and a severe shortage of affordable housing for years. The waitlists for Section 8 housing vouchers are long, and the availability of suitable housing for larger families is critically low. This scarcity forces families into overcrowded and substandard living conditions, further diminishing their quality of life and opportunities for advancement. Every person deserves the dignity of a safe and stable home. Children deserve a place where they can grow, learn, and thrive without the constant fear of displacement. Parents deserve the peace of mind that comes with knowing their family has a secure and affordable place to live. Veterans deserve to be honored with the stability they fought to protect.
To create hassle-free low-income housing solutions to help families get on their feet. Whether you're starting a family, seeking a more sustainable lifestyle, or simply looking for a place to call home, our development offers the ideal environment to thrive.
Experience the perfect blend of comfort, convenience, and community in our thoughtfully designed low-income housing development.
Located in the heart of Cleveland, Akron, and Columbus, Ohio, our homes provide ample living space, abundant natural light, and carefully curated amenities to meet the diverse needs of our residents.
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