Creating and preserving affordable housing solutions for underserved LMI communities of color. Create and preserve affordable housing solutions for underserved LMI communities of color. Hogar Hispano, Inc., (HHI) — a 501(c)(3) Community & Economic Development Corporation was created in 2004 to engage in economic and community development efforts in distressed and under-served communities through acquisition, renovation and sale/lease of distressed REO and acquisition of distressed mortgages for our foreclosure prevention program. We operate Nationwide to include the U.S. Commonwealth of Puerto Rico.