Flourish Living, a non-profit organization committed to making affordable housing accessible to everyone, is pleased to announce its inaugural Board of Directors. The board members bring a wealth of experience and expertise in the real estate and housing sectors.

Domingos Santos, serving as President, brings his extensive experience as a property tax director and in-house counsel at The Wolff Company. He has a strong background in advising on state and local tax issues and has been active in policymaking, working with the Arizona Legislature on property tax issues.

Nick Affronti, serving as Vice President, is a Director at Newmark’s Affordable Housing Advisors team. He specializes in government-subsidized and tax credit multifamily properties, with a keen focus on the Low-Income Housing Tax Credit sector.

Andy Paulus, serving as Treasurer, is an Acquisitions Manager at Greenlight Communities. He has been active in the Phoenix real estate community since 2015 and brings extensive experience in real estate development.

Jake Kwarta, serving as Secretary, is the founder of JJK Holdings, a real estate investment firm, and a partner at Mantle Investments, a real estate company focused on development and investment across the Southwest United States. He has served in senior real estate investment roles at real estate private equity firms focused on multifamily communities and single-family for rent housing.

Flourish Living works toward its vision by partnering with state and local policymakers to design and implement affordable housing incentives. The inaugural board members are committed to driving affordable housing creation and preservation through innovative policy design.

For more information about Flourish Living and its new Board of Directors, please visit www.flourishliving.org.

About Flourish Living: Flourish Living envisions a future where affordable housing is accessible to everyone. The organization works toward this vision by partnering with state and local policymakers to design and implement affordable housing incentives.

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The need to bring the real estate community and state and local policymakers together to tackle the housing affordability crisis has never been greater. Housing affordability is front of mind for Americans and it will only get worse as multifamily construction starts decline in response to tighter lending conditions.

More than half of U.S. renters pay more than 30% of their income for rent and utilities, with nearly half of those people paying more than 50% of their income. Without a meaningful increase in new multifamily housing production, and specifically new affordable housing, rents will continue to increase and residents will find themselves with limited housing options.

Flourish Living seeks to play a role in increasing multifamily housing production by partnering state and local policymakers to design and implement affordable housing incentives to drive affordable housing creation and preservation.

We look forward to the road ahead and to having you along for the journey. Reach out to Domingos if you represent a state or local government interested in implementing affordable housing incentives to drive affordable housing creation and preservation.