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YES Housing
Inc. was incorporated in 1990 as Youth Enterprise Systems, a New
Mexico non-profit, as a community development corporation (cdc).
YES was initially a subsidiary of Youth Development Incorporated
(YDI), which is the largest community based non-profit corporation,
providing social services and educational opportunities to disadvantaged
youths in New Mexico. YES was created to provide economic and
social opportunities for
youths and their families.
Our mission
is to provide opportunities and choices to disadvantaged and lower
income families and the elderly. YES develops, owns and manages
multi-family and commercial developments, which provide a better
quality of life to those we serve.
YES usually
fills the roles of Developer/Owner/Manager charged
with assembling the development team and determining the projects
feasibility, arranging financing, community relations and establishing
partnerships to benefit the developments.
YES typically
provides professional property management services to their
developments.
YES Housing Inc. has established itself as a CDC and an affordable housing
provider in New Mexico. YES has continued to take advantage of various
acquisitions and development opportunities in New Mexico that has
grown the asset base of the corporation, its revenue stream and
provided quality managed affordable housing to the state.
Strategic
Business Plan:
- Focus the organization on growth through acquisition
of multifamily developments in the southwestern United States.
- To develop a strong reputation as an excellent owner and
manager of multi-family and commercial redevelopment properties.
- Maintain
a skilled and well-trained workforce.
- To grow the
corporation from 1200 apartment units to 3000 units by 2009.
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