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The lack of affordable housing is a big problem in the US. And most developers shy away from these projects because it’s hard to make money.

But Alvin ‘Hope’ Johnson is not most developers. He’s found a way to innovate in the affordable housing space and ‘do good while doing good.’

Alvin is President of the Hope Housing Foundation, a nonprofit positioned to be one of the country’s most effective affordable workforce housing organizations.

He also serves as CEO of Multifamily Monopoly, an education platform for real estate developers interested in the process of multifamily development and ownership.

On this episode of Financial Freedom with Real Estate Investing, Alvin joins Garrett and me to discuss his journey from painting houses to $225M multifamily entrepreneur and describe the tenacity it took to find a mentor in the space.

Alvin shares his successes in affordable housing so far, explaining how he’s turning neighborhoods around, building sustainable workforce housing developments, and making a profit in the process.

Listen in for Alvin’s insight on pursuing a mission-driven business and learn how to leverage innovation to make money building naturally occurring affordable housing.

Key Takeaways 

Alvin’s journey to $225M multifamily entrepreneur

How Alvin got his mentor to agree to work with him

Why Alvin focuses on HUD housing

Alvin’s successes in affordable housing so far

Alvin’s new sustainable affordable housing developments

How Alvin got educated and found success in multifamily

What Alvin would do to solve affordable housing in the US

How Alvin’s team serves the kids in his communities

What inspired Alvin to pursue a mission-driven business

How Alvin is sourcing trades workers from the penal system

The business model for Alvin’s current 200-unit development

Why Alvin created the Multifamily Monopoly platform

Connect with Alvin ‘Hope' Johnson

Multifamily Monopoly

Multifamily Monopoly on Facebook

Multifamily Monopoly on Twitter

Alvin on Twitter

Alvin on Instagram

Hope Housing Foundation

Connect with Michael Blank

Michael on Facebook 

Michael on Instagram 

Michael on YouTube 

Michael on TikTok

Apartment Investor Network Facebook Group 

Email [email protected]

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Top 5 Multifamily Markets to Invest In


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