TORONTO, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Maverick Property Developers, Smart Homes HQ Inc. will issue Bonds to leap-frog Government red-tape in their creation of affordable, green TINY TOWNS© for Seniors, Millennials + War Veterans. Smart Homes industry-leading strategy produces affordable rents through its holistic approach to development and finance. The company is Equity Crowdfunding their IPO to turbo-charge this housing revolution and, once Public, will issue 10-year bonds at a 3.5% interest rate, increasing yearly. These bonds will be convertible to company shares at a 25% discount at the end of the 10-year Bond period. Bonds funded by the people, for the people, will finance their property mortgages, allowing Smart Homes HQ Inc to increase share value through volume sales, not high rents.
HOW DOES IT WORK? Company President, Carl Strand, explains, “We forget that a Public Company has financial instruments it can use as agents for positive change. Issuing bonds for Affordable Housing is generally understood to be the Federal Government’s mandate but, once Public, Smart Homes can issue Affordable Housing Bonds that also secure investor funds.” He continues “Our Smart Bonds will be issued for each group of buildings on a site, secured by a mortgage on those properties owned, or purchased, by Smart Homes HQ Inc. Each project will only issue bonds up to 80% of the finished value of our properties, giving the holder bank-like security on the real estate our bonds are issued on.”
In preparation for fast-tracking the company to Public status, the Smart Homes Startup Team has already drafted an Offering Memorandum. Their “THINK MAVERICK” EQUITY CROWDFUNDING campaign quickly raised over 10% of required funds. Strand explains: “Mavericks challenge the status quo and change the world. My revolutionary plan will cut costs, red-tape and allow quick construction. Contribute to our Affordable TINY TOWNS© Housing Campaign to make this housing revolution a reality” https://www.smarthomeshq.com/pages/crowd-funding. To get on the Smart Homes waiting list for affordable TINY TOWNS©, post ”REGISTER MY INTEREST” on their Facebook Page: https://www.facebook.com/yoursmarthomehq/.
CONTACT AND FURTHER INFORMATION:
carl@smarthomeshq.com – Contact Company President, Carl Strand
https://tinyurl.com/ycm9uceu – Message from the President, Carl Strand
https://youtu.be/U34BUIpLYgQ – Property Development Experience
www.strandenergy.ca – Renewable Energy Experience
www.smarthomeshq.com – Smart Homes HQ
https://www.facebook.com/yoursmarthomehq/ REGISTER MY INTEREST on Facebook.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4c437697-9275-40d5-ab0d-f429d84b4090