Quality N Paradise, LLC Affordable Housing Project

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Project Overview

Provide safe and quality housing to low-income individuals and families. Contribute to community development by revitalizing existing properties. Generate a sustainable rental income while maintaining affordable rent prices. Business Description: Quality N Paradise LLC is a real estate development company focused on the affordable housing sector. Founded with a commitment to social responsibility, our business involves acquiring, remodeling, and renting residential properties. We prioritize energy-efficient and sustainable practices in our renovations to minimize environmental impact.

Executive Summary

Quality N Paradise LLC aims to address the affordable housing crisis in Chicago, Illinois, by renovating and providing low-income housing. Our mission is to offer quality housing at an affordable cost, creating a positive impact on the community. With a vision of fostering sustainable and inclusive neighborhoods, we plan to remodel 100 single-family homes, each of 1,500 square feet, at an average purchase price of $100,000

Funds Required

$ 30,000,000.00

Draw schedule

First Draw: $ 10,000,000.00
Second Draw: $ 10,000,000.00
Third Draw: $ 5,000,000.00
Fourth Draw: $ 3,000,000.00
Fifth Draw: $ 1,000,000.00
Sixth Draw: $ 1,000,000.00