Vivo Living was founded in 2020 at the onset of the global pandemic. Even before the pandemic, there was a serious shortage of affordably priced housing across the country. Sudden job and income loss from the Covid-19 imposed shutdown, left even more people unable to pay their rent and at risk for becoming unhoused. At the same time, business and vacation travel came to a sudden halt, putting many hotels on unstable financial footing and pushing many hotel owners to consider leaving the business. That is when Vivo Living’s founders decided that these empty hotels could be reimagined and repurposed into critically needed, affordably priced rental housing.