We Made a Promise to Strive for Deep Impact
Having just experienced the worst pandemic in more than a century, the challenges of 2022 have created a different type of hardship for low- and moderate-income families. With record inflation, an aggressive Federal Reserve policy of increasing interest rates, and a recession looming with accelerating layoffs, living day to day has an entirely new meaning as families struggle to provide basic needs for themselves. At Kairos, we are proud to play a small role in providing care, support, and opportunities to our tenants and communities during these challenging economic times. Kairos Investment Management Company, LLC (“Kairos”) seeks to help break the cycle of poverty by providing quality housing to low- and moderate-income families. We pair that with social and environmental improvement programs to provide a higher quality of life for our tenants and their communities. Since the inception of our impact strategy and through 2022, it was gratifying to see our actions produce a real impact at multiple levels. We continue to challenge ourselves to and new ways of providing impact to the families we serve through our affordable housing properties that provided quality housing throughout the pandemic. During the year, we partnered with an ever-growing constituency of non-profit organizations to provide our tenants and the communities we serve with flu shots, meal delivery, financial education, job training, back-to-school supplies, clothing, and wellness clinics just to name a few of the programs. Our environmental programs continued to reduce energy and water consumption, and waste at our properties. In 2022 we sought to expand our impact reporting to challenge ourselves to find ways of doing even more for the communities we serve, while learning how to continue to optimize the good work we have begun. We are excited to share it with you how our impact journey continues to evolve through our Annual Impact Report.
Click here to read the full report.
* The information contained herein is for general, informational purposes only and is not intended to constitute an offer to sell or buy any securities or other assets or promise to undertake or solicit business, and may not be relied upon in connection with any offer or sale of securities or other assets.
For questions, contact investor relations at investorreporting@kimc.com or 949-800-8500.
