Housing O2 was established in 2020 in response to COVID and the amplified need for workforce housing. Already a crisis, the pandemic caused a migration to rural communities, negatively impacted wages of low income workers and raised the price of both housing and new construction.
It is the goal of Housing O2 to construct as many new workforce housing units as soon as possible within the United States.
Housing O2 seeks to enable low income workers to attain home ownership. It employs a rent to own program that works with employer participation.
Housing O2 is led by two individuals:
Karl Dakin is a professional entrepreneur, expert on economic development and raising capital and a principal in and advisor to several businesses.
Mark Pacheco is a an experienced real estate developer with multiple securities licenses and personal knowledge of rural housing shortages.