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Alamo Area Mutual Housing Association is one of several mutual associations around the country. A Mutual Housing Association is a nonprofit partnership of residents and civic leaders that develop, own and manage housing. A volunteer board of directors governs the association.
Mutual housing is operated by a professional staff with regular input and direction from residents through board participation, focus groups, surveys, and resident councils. Residents pay an affordable monthly housing charge which covers operating costs.
Revenue from the operation of the housing units goes right back into resident programs and services, property enhancements and to develop more housing opportunities. Mutual housing may be renovated or newly built housing.
AAHMA owns four mutual communities in the San Antonio area, each as unique as the residents who live there. |
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