In this latest episode of the Instant Leverage Podcast, JR sits with Alvin Johnson, the President of Multifamily Monopoly (MFM). Alvin shares his childhood; his experiences as a teen, marrying young and realizing how he needed to step up and work hard for his family. He explains how taking risks is important if you need something changed in yourself and in business and that, there will always be HOPE in whatever situation you are in.
Alvin Hope Johnson is the President of Multifamily Monopoly (MFM), an education platform for serious investors looking to learn the process of Multifamily Development and Ownership. Alvin Hope Johnson is also President of Hope Housing Foundation (HOPE). The Foundation, which is headquartered in McKinney, Texas, was incorporated as a 501(c) (3) in 1998. HOPE has a business model that positions itself as one of the most effective, nonprofit affordable workforce housing organizations in the Country. With a little over 1,300 Affordable Housing Units and growing, the Foundation is in the acquisition stages of developing or acquiring an additional 2000 units for 2021. Also planned for 2021 are two new single-family housing developments with a total of 450 homes for the Workforce community. With the resources brought in through Multifamily Monopoly, Hope Housing Foundation is on target to develop 20,000 units of workforce housing in 5 years.
Before fully investing his time into Hope, Alvin was the Vice-President of Operations for American Housing Foundation in Amarillo, Texas (AHF) and would also serve as the interim president for 2 years. Amarillo-based American Housing Foundation successfully grew from two apartment complexes purchased from a local Catholic organization in 1989 to one of the largest affordable housing companies in the country providing homes to more than 50,000 families and individuals, while supporting healthy communities. American Housing Foundation boasted 16,000 units spread across the Southern US. Alvin’s tenure with AHF helped grow the vision of what Hope Housing Foundation is and will become.
Alvin takes pride in being an industry leader in service and building strong relationships with his business partners. Through his faith and determination, Hope Housing Foundation will definitely be a frontrunner in the affordable housing market.