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American Home Opportunities Mortgage Fund FAQs

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Question: Who is the AHOMe fund for?

Answer: The AHOMe Fund was designed for financial institution investors who seek a CRA credit instrument offering low income, minority residential mortgage credit in a high yielding attractive investment security.

Question: How does the AHOMe fund meet CRA credit?

Answer: The Community Reinvestment Act (CRA) is a law intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income (LMI) neighborhoods, consistent with safe and sound banking operations. A substantial portion of the loans purchased by the AHOMe fund are in LMI census tracts and are extended to LMI borrowers. Though all investors in the fund share equally in the risk and return of all the loans, specific LMI loans in the fund can be assigned to an investor for CRA purposes through a side letter. The side letter details the specific loans being assigned to the investor and why it should qualify for CRA consideration.

Question: How can I get more information on the AHOMe fund?

Answer: More information is available at www.equalizecapital.com/ahome. In addition, more information is available upon request and we are happy to schedule a call to discuss the fund and its benefits for banks, credit unions and other investors.

Question: What is the history of the AHOMe fund?

Answer: Thousands of US banks and credit unions have been making 15 and 30 year fixed residential mortgage loans to borrowers with individual taxpayer identification numbers for over 30 years. These borrowers are typically established residents in their local communities who have voluntarily decided to obtain jobs and pay taxes. In many cases US citizens are also family members living in these homes. The genesis of the AHOMe Fund started in 2020 and was formally launched in 2021 to provide investment opportunity in these residential mortgage loans and create additional capacity to these ITIN residential borrowers across the US.