Serenity Village is the working name of our affordable housing development model. After two

years of research and development, we have created a systematic approach to building

high-quality, sustainable communities that can be implemented in various markets as "Serenity

Village at Mobile," "Serenity Village at Detroit,"¹ "Serenity Village at Palestine,"² and in rural New

England.³

We have developed significant intellectual property with two provisional patents filed and more

planned:

● Panelized system for renovating pre-existing buildings⁴

● New construction multi-story building methods⁵

● Excellent insulation performance (structures capable of withstanding up to 180 mph winds)

● Smart home technology integration⁹

● In certain applications, low-amperage electrical systems (40 amps per unit) with

● Mobile, Alabama: Proposal submitted and under consideration by executive committee¹¹

● Palestine, Texas: Feasibility study completed by our partner with holistic community

development approach¹²

● Detroit, Michigan: School renovation opportunity identified and assessed with

mixed-income and fully affordable scenarios¹³

● New England: Market assessment with potential site identification in Belchertown,

Townsend, and Templeton, Massachusetts¹⁴

● Chicago: Initial market research underway

Our financing strategy seeks to reduce recourse and equity requirements through:

● Healthier living environments with circadian lighting and negative ionization¹⁹

● Lower utility costs through efficient building envelope and systems²⁰

● Food security through community gardens with rainwater harvesting²¹

● On-site childcare and after-school programs²²

● Built-in broadband internet access²³

● Community center facilities (Porchlight Community Center)²⁴

Additional advantages include:

● Community reinvestment opportunities in underserved markets²⁹

● Enhanced regulatory compliance position³⁰

● Positive public relations through affordable housing support³¹

North Star Group has assembled an experienced team to execute this model:

● Relationship with manufacturing facility in Mobile, Alabama³²

● Two provisional patents with additional IP in development³³

● Established connections with municipal housing authorities³⁴

● Comprehensive technical specifications and financial modeling³⁵

● Recovery of pre-development expenses at loan closing, providing short-term returns on

invested capital³⁸

● Phased implementation approach to manage risk while maximizing geographic reach⁸⁵

The Serenity Village @ 3 Mile Creek project in Mobile demonstrates the financial viability of our

model:

● $16.3M non recourse primary loan with 40-year amortization

● $2.39M in additional funding sources from land and deferred development fees

● $1.29M annual net operating income

● 100% project-based Section 8 vouchers (including FYI & VA vouchers)⁸⁵

This partnership structure provides substantial benefits to investment partners:

● Ownership stake in non-recourse projects

● Priority payback structure

● Ongoing servicing fees

● Enhanced cash flow from both short and long-term investments

Serenity Village offers transformative housing solutions designed to uplift communities through

thoughtful design and innovation.³⁹ Our approach recognizes that poverty is not merely about

financial limitations but encompasses daily compromises on necessities that many take for

granted. We aim to break these cycles through housing that addresses fundamental human

needs and creates pathways for dignity and self-sufficiency.⁴⁰

3. Innovative Building Approach: Serenity Village Model

Structural Insulated Panels (SIPs)

● Patented Fully Integrated Reinforced Modular (FIRM) SIP system eliminating secondary

framing⁴¹

● Embedded horizontal joists simplifying construction and reducing costs⁴²

● Metal-faced construction provides exceptional durability and resistance to extreme

weather conditions

Centralized Utility Nexus

● Efficient, centralized integration of electrical, plumbing, and HVAC systems⁴⁵

● Facilitates unique features like negative ionization for air purification⁴⁶

● Reduces maintenance costs and simplifies future repairs or modifications

13 Pillars Overview

● Circadian lighting and negative ionization for improved health⁴⁷

● Sustainable rain gardens for stormwater management and food production⁴⁸

● Inclusive utilities including built-in internet access⁴⁹

● Essential communal resources (daycare, shared tools, etc.)⁵⁰

4. Economic Feasibility & Financial Innovation

● Leveraging municipal land equity and HUD 221(d)(4) loans⁵¹

● Application of transport-oriented development principles for enhanced accessibility⁵⁶

● Community-centered design prioritizing resident needs and local context

6. Development and Component Selection Process

Each Serenity Village development undergoes a rigorous process:

● Initial modeling using SketchUp to determine optimal spatial layouts⁵⁷

● Component selection emphasizing ease of maintenance, longevity, cost, and resident

convenience (e.g., horizontal sliding windows, blackout curtains, dual master suites,

custom 24-volt lighting systems)⁵⁸

● Detailed evaluation and integration of essential systems (plumbing, electrical, mechanical,

sustainable materials like stucco paint)⁵⁹

● Importance of patents in safeguarding innovation and ensuring exclusive application⁶⁵

assessments⁶⁹

stakeholders⁷⁰

● Market-specific analyses for tailored implementation strategies⁷¹

Our team brings diverse expertise in housing development, construction technology, and

community planning:

● Comprehensive description of SIP construction methods⁷⁶

● Component specifications, cost-benefit analyses⁷⁷

² Serenity Village at Palestine: Holistic Community Development Project (2025-04-11)