Affordable Housing Solutions in Panama slide image

Affordable Housing Solutions in Panama

OUR HISTORY Pre-20 12 The leadership team noticed that employees in a previous venture were struggling with a lack of affordable housing in the country 2013-2018 Completed two flagship projects, Sona and Santiago, delivering a total of 712 homes, including 223 developed prior to 2016 2019 Execution of the strategic plan, including significant capital investments into product design and efficient delivery 6 ongoing developments February 2020 IHC completed an organizational restructuring to support ongoing investments in growth 2012 Supported by strong government subsidy programs in place, IHC was founded as a sustainable solution to the growing housing deficit May 2021 IHC resumed construction activities, delivering a record number of homes through year end 2021 2018 Completed a strategic review with a focus on scaling and building out multiple phases of development concurrently 2020 IHC began to convert its inventory into strong revenue growth From Dec 2019 Feb 2020 delivered 68 homes March 2020 COVID-19 restrictions led to a complete closure of operations Unlike countries like Canada that restricted new housing starts, Panama did not allow any construction activities for 6 months December 2023 IHC completes a public listing on the Toronto Venture Exchange Confidential 6
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