For the past 14 years, international industrialist Hilt Tatum IV has been the founder, president, and CEO of iPoint Capital Partners in Panama City. Hilt Tatum IV is also the chief executive officer of Impact Housing Corporation, a company that designs affordable housing in Panama with projects such as Los Sueños de Soná.

1. BENEFITS OF
AFFORDABLE
HOUSING IN THE
SOCIETY

2. For the past 14 years, international industrialist Hilt Tatum IV
has been the founder, president, and CEO of iPoint Capital
Partners in Panama City. Hilt Tatum IV is also the chief
executive officer of Impact Housing Corporation, a company
that designs affordable housing in Panama with projects such
as Los Sueños de Soná.
Affordable housing refers to housing people can buy or rent
and still be able to pay other bills. Communities with affordable
housing enjoy several benefits.
Rent is sometimes the most significant monthly expenditure
for individuals. Affordable housing means the cost of rent is
not exorbitant, so there's enough money to spend on other
things such as food, healthcare, and patronizing a local
business. Increasing the amount of dispensable cash will
ultimately help the local economy as people will spend more.
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3. Affordable housing helps decrease the number of
homeless people in a community and the
population's quality of life. People can change their
focus from simply living to flourishing when securely
sheltered. They can start setting goals,
accomplishing them, and leading purposeful lives
with a stable and secure home and a feeling of
community.
The construction of affordable housing brings job
opportunities for locals in building, maintenance,
management, and licensing. The effect of the job
opportunities is a significant economic effect with
increased cash flow amongst community residents
and development in the area.
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