How Affordable Housing Is Joining the ESG Race
Reducing the carbon footprint at its affordable communities and investing in social programs is at the top of KMC’s...
April 10, 2020
The U.S.’s decadelong economic growth officially ceased when 701,000 residents lost their jobs in March, in stark contrast with the 275,000 positions gained in February, according to figures released by the U.S. Bureau of Labor Statistics. With millions of laid-off or furloughed workers, multifamily operators are preparing for months of uncertainties, despite nearly 70 percent of rental households across the U.S. having paid their April rent, according to a recent report from the National Multifamily Housing Council.
Will the percentage maintain in May? Are property owners of low- to moderate-income multifamily housing more vulnerable since their tenants are more likely to have a hard time during this period of disruption? Jonathan Needell, president & CIO of Kairos Investment Management Co., answered these questions and others in an interview with Multi-Housing News.
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Kairos Investment Management Company is an Equal Opportunity Employer and, as such, does not discriminate in employment on the basis of an applicant or employee’s race, ethnicity, ancestry, national origin, color, sex, pregnancy (or related medical conditions), childbirth, family status, gender, gender identity or gender expression, age, religion, marital status, sexual orientation, disability, medical condition, military or veteran status, reproductive health decision making, or any other protected classification or characteristic under applicable federal, state or local law. Kairos will not discriminate against an applicant or employee who has one or more protected classifications, is perceived or regarded as having one or more protected classifications, or is associated with someone who has one or more protected classifications.
Kairos Investment Management Company will also provide reasonable accommodations to applicants and employees who may need such accommodations in connection with employment with Kairos on the basis of their disability, religion, status as a victim of domestic violence or pregnancy. An applicant who needs an accommodation in order to pursue employment with Kairos should contact Human Resources at HR@KIMC.com to request such accommodations. Kairos will engage in a good faith interactive process with the applicant to explore accommodations that will be effective, reasonable and not create an undue hardship.
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