Tommy Dobczyk explains how LDM Properties uses creative financing for affordable housing. Titan 23 puts $10 million into a shared pool that an investment group votes on, rotating capital between projects as long as the money stays in place.
Are you in the deal room? MD Properties. Does anybody know who that is? BFF?
LDM.
LDM. LDM. Boy, I was trying to be cool. So Laura has LDM Properties and they do affordable housing.
I do.
And creative financing.
Oh, okay. I like that. Oh, by the way, what you're doing. Okay, that works.
But each one of these, each one of these gets money from, from Titan 23 into the fractional and then the fractional votes. Okay, the fractional is what's called the investment, the investment group. They vote on who's going to get what and how much. But as long as Titan 23 has put that $10 million in here, then like these can rotate through.
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