Disclosure
The commercial side,
and the wall around it.
What we hold
Blue Horizon also owns income-producing commercial property, mainly self-storage. It is not part of any grant application, and no housing dollar touches it.

How the two sides are separated.
Separate entities
Housing and commercial assets are held apart.
Separate accounting
No cost is shared, shifted, or double-billed.
Does the commercial side subsidize the housing?
Not directly — and we won't claim it does.
Ask about structure