American Homeowner Preservation Inc. (also known as AHP) was established in October 2007 as non-profit organization focused on helping homeowners at risk of foreclosure stay in their homes. The California based group believed that prices on the West Coast still had a long way to drop, so efforts were focused in Ohio. Thus, in May 2008, an office was opened in Cincinnati. In August 2008, AHP received their 501(c)(3) designation as a nonprofit from the Internal Revenue Service.

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  • American Homeowner Preservation Inc. (also known as AHP) was established in October 2007 as non-profit organization focused on helping homeowners at risk of foreclosure stay in their homes. The California based group believed that prices on the West Coast still had a long way to drop, so efforts were focused in Ohio. Thus, in May 2008, an office was opened in Cincinnati. In August 2008, AHP received their 501(c)(3) designation as a nonprofit from the Internal Revenue Service. Envisioning that AHP would be financed with tax exempt bonds, AHP sought the assistance of the Summit County Port Authority. Summit County Port Authority unanimously passed an inducement resolution contemplating the issuance of 12.5 million dollars in tax-exempt bonds. In the present foreclosure crisis, Ohio has traditionally been one of the states with the largest amount of foreclosures and sheriff sales according to Realty Trac, the leading source in foreclosure and REO real estate. However, citing concerns about the Board and backers of AHP along with a challenged bond market the bond resolution was rescinded in February 2009. American Homeowner Preservation transitioned into a for-profit organization in July 2009, seeking to match investors with homeowners at risk of losing their homes.
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  • American Homeowner Preservation Inc. (also known as AHP) was established in October 2007 as non-profit organization focused on helping homeowners at risk of foreclosure stay in their homes. The California based group believed that prices on the West Coast still had a long way to drop, so efforts were focused in Ohio. Thus, in May 2008, an office was opened in Cincinnati. In August 2008, AHP received their 501(c)(3) designation as a nonprofit from the Internal Revenue Service.
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  • American Homeowner Preservation
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