Roots Investment Community Expands Affordable Housing Amid Federal Budget Cuts

The Roots Investment Community is pressing forward with initiatives to develop affordable workforce housing, despite anticipated federal cutbacks.

Spearheaded by co-founder and CEO Daniel Dorfman, the company offers an innovative way for individuals to invest in affordable housing projects through a private real estate investment trust (REIT), which is gaining traction among small investors.

Established in 2021, the Atlanta-based Roots Investment Community has already raised nearly $56 million from more than 11,000 investors nationwide, funding 500 housing units with plans for expansion. The company not only addresses housing needs, but enables renters to build wealth by letting them invest as little as $100, with residents having already accumulated more than $765,000 in savings.

“We believe everyone should have the opportunity to build wealth through real estate,” said Dorfman. “We are partnering with residents to build wealth for them and our investors. Its an all-around win.”

According to Dorfman, the average renting family struggles with savings while dedicating up to 42% of their income to rent, a concern further compounded by federal funding cuts targeting crucial housing programs. By aligning renters interests with the company’s investment goals, Roots aims to ensure its tenants essential housing needs and fiscal well-being are met.

Roots continues to pursue its ambitious growth goals, targeting one million renting families by 2028. With recognition from the Atlanta Business Chronicle as a 2024 Pacesetter, the company remains a pioneering force in the real estate investment landscape.