Effective on November 3, 2014, to fill vacancies the company's board of directors appointed Chris Gann, Yifeng Huang and Xinghua Wang to Reven Housing REIT, Inc.'s board of directors to serve as directors of the company until their respective successors have been duly elected and qualify or until their earlier resignation or removal. On November 3, 2014, the Company's board of directors named Messrs. Gann and Wang to the audit committee of the board of directors along with Jon Haahr, a current member of the company's board of directors.

Effective on October 31, 2014, Guojuan Cheng resigned from the company's board of directors.