In 2010, the Florida Housing Finance Corporation, a state body that loans money to build affordable housing, flunked an Atlanta developer called the American Opportunity Foundation (AOF) "due to past defaults, assignments, bankruptcies, or foreclosures" issued against the company's properties in years past. As of 2010, state regulators warned that 22 of the 80 loans listed on the foundation's report at the time were in default, so "AOF is not considered an acceptable general partner."
↧