UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~Washington~~WASHINGTON, D.C. 20549

FORM 10-Q

~~x Quarterly report under Section 13 or 15~~(d)Mark ~~of the Securities Exchange Act of 1934 for the quarterly period ended December 31, 2010~~One)

ox ~~Transition~~QUARTERLY ~~report~~REPORT ~~under~~PURSUANT ~~Section~~TO SECTION 13 orOR 15(d) ~~of the Securities Exchange Act of 1934 for the transition period from ______________ to ______________~~OF

THE SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended September 30, 2011

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _________ to __________

Commission file number: 333-144765

AFFORDABLE GREEN HOMES INTERNATIONAL

(Exact name of registrant as specified in its charter)

Nevada	87-0785410
(State or other jurisdiction of incorporation or organization)	(~~I.R.S.~~IRS Employer Identification No.)

1325 Spruce St, Suite 200

Riverside, CACalifornia 92507

(Address of principal executive ~~office~~offices)

(951) 538-8362

(~~Issuer'~~Registrant’s telephone number, including area code)

Indicate by check mark whether the ~~registrant~~ issuer: (1) ~~has~~ filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes o No x

xIndicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes o No x

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

o Yes o No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer o Accelerated filer o Non-accelerated filer o (Do not check if a smaller reporting company) Smaller reporting company x

Indicate by check mark whether the registrant is a ~~shell~~large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. ~~(as~~See ~~defined~~the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act).

Large accelerated filer o Accelerated ~~Yes x~~filer o Non-accelerated Nofiler o Smaller reporting company x

~~APPLICABLE~~Indicate ~~ONLY~~by TOcheck ~~ISSUERS~~mark ~~INVOLVED~~whether INthe ~~BANKRUPTCY~~registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No x

~~PROCEEDINGS~~State ~~DURING~~the ~~THE~~number ~~PRECEDING~~of ~~FIVE~~shares ~~YEARS~~outstanding of each of the registrant’s classes of common equity, as of the latest practicable date: 12,925,000 shares of common stock with a par value of $.0001 outstanding as of September 30, 2011.

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.

o Yes o No

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.

The number of outstanding shares of the Registrant's common stock, $0.001 par value, as of December 31, 2010 was 12,925,000.

AFFORDABLE GREEN HOMES INTERNATIONAL~~, INC.~~

FORM 10-Q

FOR THE QUARTER ENDED SEPTEMBER 30, 2011

TABLE OF CONTENTS

PART I:	FINANCIAL INFORMATION	Page
Item 1.	Financial Statements	4
Item 2.	Managements Discussion and Analysis of Financial Condition and Results of Operations	11
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	13
Item 4.	Controls and Procedures	13
PART II:	OTHER INFORMATION	13
Item 1.	Legal Proceedings	13
Item 1A.	Risk Factors	13
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	13
Item 3.	Defaults upon Senior Securities	13
Item 4.	Submission of Matters for a Vote of Security Holders	13
Item 5.	Other Information	14
Item 6.	Exhibits	14
SIGNATURES		14

	Page
PART I – FINANCIAL INFORMATION	4

ITEM 1 – FINANCIAL STATEMENTS	4

ITEM 2 – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	10

ITEM 3 – Quantitative and Qualitative Disclosures About Market Risk	14

ITEM 4 – CONTROLS AND PROCEDURES	14

PART II – OTHER INFORMATION	15

ITEM 1 – LEGAL PROCEEDINGS	15

ITEM 1A – RISK FACTORS	15

ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	15

ITEM 3 – DEFAULTS UPON SENIOR SECURITIES	15

ITEM 4 – (REMOVED AND RESERVED)	15

ITEM 5 – OTHER INFORMATION	15

ITEM 6 – EXHIBITS	15

This Form 10-Q contains forward-looking statements within the meaning of the "safe harbor" provisions under Section 21E of the Securities Exchange Act of 1934. We use forward-looking statements in our description of our plans and objectives for future operations and assumptions underlying these plans and objectives. Forward-looking terminology includes the words "may," "expects," "believes," "anticipates," "intends," "projects," or similar terms, variations of such terms or the negative of such terms. These forward-looking statements are based on management's current expectations and are subject to factors and uncertainties, which could cause actual results to differ materially from those, described in such forward-looking statements. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this Form 10-Q to reflect any change in our expectations or any changes in events, conditions or circumstances on which any forward-looking statement is based. Factors, which could cause such results to differ materially from those described in the forward-looking statements, and elsewhere,, are incorporated by reference into this Form 10-Q. The term the "Company" includes Affordable Green Homes International, Inc.

~~Affordable~~ PART ~~Green~~I ~~Homes~~– ~~International~~FINANCIAL INFORMATION

(A ITEM ~~Development~~1 ~~Stage~~– ~~Company)~~FINANCIAL STATEMENTS

Financial Statements

AFFORDABLE GREEN HOMES INTERNATIONAL
(A Development Stage Company)
BALANCE SHEETS


	March 31, 2011			Sept. 30, 2011
				(Unaudited)

ASSETS
Current assets
Cash	$	-		$	208
Total currnt assets		-			208

Inventory		100,000			100,000
Total Assets	$	100,000		$	100,208


LIABILITIES & STOCKHOLDERS' EQUITY

Current liabilities
Bank Overdraft	$	2,254		$	-
Accounts payable		7,612			9,764
Related party payables		276,346			303,914
Customer deposits		32,000			32,000
Accued interest payable		38,621			46,871
Notes payable		165,000			165,000
Total current liabilties		521,833			557,549

Total Liabilities		521,833			557,549

Stockholders' Equity
Common stock, $.0001 par value;
25,000,000 shares authorized;
12,925,000 shares issued
and outstanding		1,293			1,293
Additional paid in capital		135,457			135,457
Deficit accumulated during the
development stage		(558,583	)		(594,091	)

Total Stockholders' Equity		(421,833	)		(457,341	)

Total Liabilities and Stockholders' Equity	$	100,000		$	100,208


The accompanying notes are an integral part of the financial statements.

(Unaudited)

TABLE OF CONTENTS

FINANCIAL STATEMENTS

		Page
	Balance sheets	5
	Statements of operation	6
	Statements of cash flows	7 - 8
	Notes to financial statements	9 - 10

AFFORDABLE GREEN HOMES INTERNATIONAL
(A Development Stage Company)
BALANCE SHEETS
STATEMENTS OF OPERATIONS
				Dec. 31, 2010
(Unaudited)
	March 31, 2010			(Unaudited)
													Period From
ASSETS
													Oct. 10, 2006
Current assets
	Three Months			Three Months			Six Months			Six Months			(Inception)
Cash	$	238		$	124
	Ended			Ended			Ended			Ended			To
Total current Assets		238			124
	Sept. 30, 2010			Sept. 30, 2011			Sept. 30, 2010			Sept. 30, 2011			Sept. 30, 2011
Construction in Progress		100,000			100,000
Revenues	$	-		$	-		$	-		$	-		$	-
Total Assets	$	100,238		$	100,124
		-			-			-			-			-
LIABILITIES & STOCKHOLDERS' EQUITY
Operating expenses:
Current liabilities
Amortization & depreciation		-			-			-			-			-
Accounts payable	$	1,820		$	5,532
General and administrative		24,959			12,244			27,169			27,258			547,220
Accounts payable - related parties		225,721			277,066
		24,959			12,244			27,169			27,258			547,220
Customer deposits		20,000			20,000
Gain (loss) from operations		(24,959	)		(12,244	)		(27,169	)		(27,258	)		(547,220	)
Accued interest payable		21,621			34,871
Other income (expense):
Notes payable		175,000			165,000
Interest expense		(4,375	)		(4,125	)		(8,750	)		(8,250	)		(46,871	)
Total current liabilties		444,162			502,469
		(4,375	)		(4,125	)		(8,750	)		(8,250	)		(46,871	)
Total Liabilities		444,162			502,469
Income (loss) before
Stockholders' Equity
Provision for income taxes		(29,334	)		(16,369	)		(35,919	)		(35,508	)		(594,091	)
Common stock, $.0001 par value;
Provision for income tax		-			-			-			-			-
25,000,000 shares authorized;
Net income (loss)	$	(29,334	)	$	(16,369	)	$	(35,919	)	$	(35,508	)	$	(594,091	)
12,925,000 shares issued
Net income (loss) per share
and outstanding		1,293			1,293
(Basic and fully diluted)	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Additional paid in capital		135,457			135,457
Weighted average number of
Deficit accumulated during the
common shares outstanding		12,925,000			12,925,000			12,925,000			12,925,000
development stage		(480,674	)		(539,095	)
The accompanying notes are an integral part of the financial statements.
Total Stockholders' Equity		(343,924	)		(402,345	)
Total Liabilities and Stockholders' Equity	$	100,238		$	100,124
The accompanying notes are an integral part of the financial statements.

AFFORDABLE GREEN HOMES INTERNATIONAL
(A Development Stage Company)
STATEMENTS OF OPERATIONS
STATEMENTS OF CASH FLOWS
(Unaudited)
							Period From						~~Period From~~
							Oct. 10, 2006						~~Oct. 10, 2006~~
	Three Months			Three Months			Nine Months			Nine Months			(Inception)
	Six Months			Six Months			(Inception)
	Ended			Ended			~~Ended~~To			~~Ended~~			To
	Dec. 31, 2009			Dec. 31, 2010			Dec. 31, 2009			Dec. 31, 2010			Dec. 31, 2010
	Sept. 30, 2010			Sept. 30, 2011			Sept. 30, 2011
Revenues	$	-		$	-		$	-		$	-		$	-
Cash Flows From Operating Activities:
		-			-			-			-			-
Net income (loss)	$	(35,919	)	$	(35,508	)	$	(594,091	)
Operating expenses:
Adjustments to reconcile net loss to
Amortization & depreciation		-			-			-			-			-
net cash provided by (used for)
General and administrative		13,941			18,002			176,220			45,171			504,224
operating activities:
		13,941			18,002			176,220			45,171			504,224
Inventory								(100,000	)
Gain (loss) from operations		(13,941	)		(18,002	)		(176,220	)		(45,171	)		(504,224	)
Bank overdraft		-			(2,254	)		-
Other income (expense):
Accounts payable		-			2,152			9,764
Interest expense		(2,125	)		(4,500	)		(5,875	)		(13,250	)		(34,871	)
Related party payables		23,463			27,568			303,914
		(2,125	)		(4,500	)		(5,875	)		(13,250	)		(34,871	)
Accrued payables		12,257			8,250			46,871
Income (loss) before
Customer deposits		-			-			32,000
Provision for income taxes		(16,066	)		(22,502	)		(182,095	)		(58,421	)		(539,095	)
Compensatory stock issuances		-			-			38,000
Provision for income tax		-			-			-			-			-
Net cash provided by (used for)
Net income (loss)	$	(16,066	)	$	(22,502	)	$	(182,095	)	$	(58,421	)	$	(539,095	)
operating activities		(199	)		208			(263,542	)
Net income (loss) per share
Cash Flows From Investing Activities:
(Basic and fully diluted)	$	(0.00	)	$	(0.00	)	$	(0.02	)	$	(0.00	)
		-			-			-
Weighted average number of
Net cash provided by (used for)
common shares outstanding		12,091,667			12,925,000			12,091,667			12,925,000
investing activities		-			-			-
(Continued On Following Page)
The accompanying notes are an integral part of the financial statements.

The accompanying notes are an integral part of the financial statements.

AFFORDABLE GREEN HOMES INTERNATIONAL
(A Development Stage Company)
STATEMENTS OF CASH FLOWS
(Unaudited)
(Continued From Previous Page)
							Period From
							Oct. 10, 2006
	Nine Months			Nine Months			(Inception)
	Six Months			Six Months			(Inception)
	Ended			Ended			To
	Dec. 31, 2009			Dec. 31, 2010			Dec. 31, 2010
	Sept. 30, 2009			Sept. 30, 2011			Sept. 30, 2011
Cash Flows From Operating Activities:
Cash Flows From Financing Activities:
Net income (loss)	$	(182,095	)	$	(58,421	)	$	(539,095	)
Sales of common stock		-			-			98,750
Adjustments to reconcile net loss to
Notes payable - borrowings		-			-			175,000
net cash provided by (used for)
Notes payable - payments		-			-			(10,000	)
operating activities:
Amortization & depreciation
Accounts payable		-			3,712			5,532
Related party payables		189,662			51,345			277,066
Accrued payables		5,875			13,250			34,871
Customer deposits		-			-			20,000
Compensatory stock issuances		-			-			38,000
Net cash provided by (used for)
operating activities		13,442			9,886			(163,626	)
financing activities		-			-			263,750
Cash Flows From Investing Activities:
Net Increase (Decrease) In Cash		(199	)		208			208
Construction in progress		(158,681	)		-			(100,000	)
Cash At The Beginning Of The Period		238			-			-
Net cash provided by (used for)
Cash At The End Of The Period	$	39		$	208		$	208
investing activities		(158,681	)		-			(100,000	)
Schedule Of Non-Cash Investing And Financing Activities
(Continued On Following Page)
None
Supplemental Disclosure
Cash paid for interest	$	-		$	-		$	-
Cash paid for income taxes	$	-		$	-		$	-
The accompanying notes are an integral part of the financial statements.

AFFORDABLE GREEN HOMES INTERNATIONAL
(A Development Stage Company)
STATEMENTS OF CASH FLOWS
(Unaudited)
(Continued From Previous Page)
							Period From
							Oct. 10, 2006
	Nine Months			Nine Months			(Inception)
	Ended			Ended			To
	Dec. 31, 2009			Dec. 31, 2010			Dec. 31, 2010
Cash Flows From Financing Activities:
Sales of common stock		-			-			98,750
Notes payable - borrowings		145,000			-			175,000
Notes payable - payments		-			(10,000	)		(10,000	)
Net cash provided by (used for)
financing activities		145,000			(10,000	)		263,750
Net Increase (Decrease) In Cash		(239	)		(114	)		124
Cash At The Beginning Of The Period		1,084			238			-
Cash At The End Of The Period	$	845		$	124		$	124
Schedule Of Non-Cash Investing And Financing Activities
None
Supplemental Disclosure
Cash paid for interest	$	-		$	-		$	-
Cash paid for income taxes	$	-		$	-		$	-
The accompanying notes are an integral part of the financial statements.

AFFORDABLE GREEN HOMES INTERNATIONAL

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

NOTE 1. ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

Affordable Green Homes International (the “Company”), was incorporated in the State of Nevada on October 10, 2006. The Company is in business to build affordable family homes for lower income workers in Mexico and South American countries by using low cost structural concrete insulated panels as the basic construction methodology. The Company plans to purchase land for development, and to market and build finished homes using local labor.

Basis of Presentation

The accompanying unaudited financial statements have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and disclosures required by generally accepted accounting principles for complete financial statements. All adjustments which are, in the opinion of management, necessary for a fair presentation of the results of operations for the interim periods have been made and are of a recurring nature unless otherwise disclosed herein. The results of operations for such interim periods are not necessarily indicative of operations for a full year.

Cash and cash equivalents

The Company considers all highly liquid investments with an original maturity of three months or less as cash equivalents.

Accounts receivable

The Company reviews accounts receivable periodically for collectability and establishes an allowance for doubtful accounts and records bad debt expense when deemed necessary.

Property and equipment

Property and equipment are recorded at cost and depreciated under straight line methods over each item's estimated useful life.

Revenue recognition

Revenue is recognized on an accrual basis as earned under contract terms.

AFFORDABLE GREEN HOMES INTERNATIONAL

(A Development Stage Company)

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

NOTE 1. ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued):

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Income tax

The Company accounts for income taxes ~~under~~pursuant ~~Statement~~to ofASC ~~Financial Accounting Standards No~~740. ~~109 (“SFAS 109”).~~ Under ~~SFAS~~ASC ~~109~~740 deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

Net income (loss) per share

The net income (loss) per share is computed by dividing the net income (loss) by the weighted average number of shares of common outstanding. Warrants, stock options, and common stock issuable upon the conversion of the Company's preferred stock (if any), are not included in the computation if the effect would be anti-dilutive and would increase the earnings or decrease loss per share.

Financial Instruments

The carrying value of the Company’s financial instruments as reported in the accompanying balance sheet approximates fair value.

ITEM 2 – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Our Management’s Discussion and Analysis contains not only statements that are historical facts, but also statements that are forward-looking (within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”)). Forward-looking statements are, by their very nature, uncertain and risky. These risks and uncertainties include international, national and local general economic and market conditions; demographic changes; our ability to sustain, manage, or forecast growth; raw material costs and availability; new product development and introduction; existing government regulations and changes in, or the failure to comply with, government regulations; adverse publicity; competition; the loss of significant customers or suppliers; fluctuations and difficulty in forecasting operating results; changes in business strategy or development plans; business disruptions; the ability to attract and retain qualified personnel; the ability to protect technology; and other risks that might be detailed from time to time in our filings with the Securities and Exchange Commission (“SEC”).

Although the forward-looking statements in this report reflect the good faith judgment of our management, such statements can only be based on facts and factors currently known by them. Consequently, and because forward-looking statements are inherently subject to risks and uncertainties, the actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. You are urged to carefully review and consider the various disclosures made by us in this report and in our other reports as we attempt to advise interested parties of the risks and factors that may affect our business, financial condition, and results of operations and prospects.

As used in this Quarterly Report, the terms “we,” “us,” and “our,” mean Affordable Green Homes International unless otherwise indicated.

Overview

We were incorporated on October 10, 2006 in the state of Nevada in order to develop real properties and construction technologies.

The Business

We are engaged in the business of construction of residential, commercial and industrial structures using “Structural Concrete Insulated Panel” technology (“SCIP”). We initially intend to provide moderate- to low-cost housing in the Northern Panhandle of Texas around the Stinnett/Perryton area where an acute housing shortage currently exists, and in the area of Galveston, Texas, which has been affected by Hurricane Ike. Homes utilizing SCIP technology are constructed with high quality, lightweight, prefabricated panels. The interior and exterior surfaces of the panels are covered with a concrete coating, designed and tested to resist hurricanes, tornados and earthquakes. When the homes are completed, they are more structurally sound than wood or concrete alone and can typically be constructed in less than 30 days.

We intend to operate three business units:

	1.	A SCIP manufacturing unit;
	2.	A construction unit based in the Northern Panhandle of Texas, primarily around the Stinnett/Perryton area; and
	3.	A construction unit based in the Galveston, Texas area.

SCIP Manufacturing: In 2007, Ron Bell built a SCIP home near Crystal Beach, Texas, directly on the Gulf Coast approximately ten miles northeast of Galveston. The home was built on pilings that were designed so that a hurricane-type high surf would pass underneath and not injure the structure of the home. This home was the only house within several blocks to survive Hurricane Ike. This house in Crystal Beach has significantly raised the awareness of construction using SCIP technology in those areas prone to hurricanes, tornados and earthquakes. Officials from the Federal Emergency Management Agency (FEMA) as well as Texas Tech University have visited the Crystal Beach House to inspect it and discuss a wide range of topics concerning using this type of construction all along the Gulf Coast.

~~Item~~ITEM 2. ~~Management~~– MANAGEMENT’sS ~~Discussion~~DISCUSSION ~~and~~AND ~~Analysis~~ANALYSIS ofOF ~~Financial~~FINANCIAL ~~Condition~~CONDITION ~~and~~AND ~~Results~~RESULTS ofOF ~~Operations~~OPERATIONS - continued

~~This~~Construction ~~analysis~~Unit ~~should~~– beNorthern ~~read~~Texas inPanhandle: There ~~conjunction~~is ~~with~~an ~~the~~acute ~~condensed~~housing ~~consolidated~~shortage ~~financial statements, the notes thereto, and the financial statements and notes thereto included~~ in the ~~Company's~~Northern ~~Registration~~Panhandle ~~Statement~~of ~~on Form SB-2, as amended, initially filed on July 23, 2007~~Texas. ~~Post-effective~~This ~~amendment~~is ~~no.~~due 2 to ~~form~~a ~~SB-2~~number ~~on form S-1 registration statement under the securities act~~ of 1933 was filed on July 8, 2008. All non-historical information contained in this annual report is a forward-looking statement. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause the actual results to differ materially from those reflected in the forward-looking statements.factors:

~~Results~~1. Conoco-Phillips – seven to ten year plant expansion 2. Chevron – seven to ten year plant expansion 3. Two Carbon Black plants within ten miles of ~~Operations~~Stinnett 4. New plastics plant within ten miles of Stinnett 5. New aircraft plant (Osprey Project) within 20 miles of Stinnett

~~Total~~Due ~~revenue~~to ~~was~~this $0acute ~~for~~shortage, ~~the~~we ~~quarter~~believe ~~ended~~that ~~December~~there ~~31,~~will ~~2010~~be ashigh ~~compared~~demand ~~to $0~~ for ~~the~~our ~~year ended March 31 2010. The Company completed~~ construction of ~~its~~medium ~~first~~sized ~~house~~houses ~~in Stinnett~~(i.e., ~~Texas~~those ~~and~~ranging ~~the house~~from ~~has~~1200 ~~been rented~~ to a1500 ~~local~~sq. ~~tenant~~ft.) onin athe ~~one year lease~~area. ~~The~~Our ~~Company~~management ishas ~~utilizing~~met ~~this~~with ~~home as~~ the ~~basis~~Mayor ~~for~~of ~~vetting~~Stinnett ~~other~~as ~~green~~well ~~technologies such~~ as ~~solar and wind power with~~ the ~~intention~~President of ~~adding~~the ~~proven~~Stinnett ~~new~~Community ~~technologies~~Development toCorporation, ~~its~~and ~~new~~both ~~home developments as it expands construction. We~~ have ~~acquired~~confirmed ~~the~~that ~~land~~there ~~and~~is ~~started~~a ~~on-site~~demand ~~grading~~ for the ~~next~~type ~~two~~of ~~houses,~~housing ~~also~~we incan ~~Stinnett, Texas~~deliver. ~~Officer~~We ~~and~~are ~~Administrative~~currently ~~Compensation~~working ~~was~~to ~~donated~~locate ~~during~~residential ~~this~~lots ~~period~~to ~~and~~begin ~~the~~construction ~~Company~~by ~~did~~the ~~not~~summer ~~book~~of ~~any accrued compensation~~2012. ~~Total Assets were $100,124 at December 31, 2010 as compared to $100,238 at March 31, 2010.~~

~~Plan~~Construction Unit – Galveston Area: Because Hurricane Ike created a great deal of ~~Operations~~destruction and devastation in the general area, there are a large number of homes and commercial structures that need to be rebuilt. We are currently in discussions with several major insurance carriers about rebuilding homes which utilize SCIP technology.

~~Affordable~~Research ~~Green Homes International, Inc. (“AGHI”) was founded on the basis of developing properties~~ and ~~technologies~~Development inActivities ~~an environmentally responsible yet profitable manner~~ and is engaged in the business of construction of Residential, Commercial and Industrial structures using Structural Concrete Insulated Panel (SCIP) Technology. Affordable Green Homes International, Inc. was incorporated in the State of Nevada on October 10, 2006. We intend to provide moderate to low cost housing in the Northern Panhandle of Texas around the Stinnett/Perryton Area where an acute housing shortage currently exists, and in the Hurricane affected areas of Galveston, Texas area. These homes are built out of high quality lightweight prefabricated Structural Concrete Insulated Panels (SCIP’s). The interior and exterior surfaces of the panels are covered with a concrete coating, designed and tested to resist hurricanes, tornados and earthquakes. When the homes are completed they are significantly more structurally sound than wood or concrete alone and can typically be constructed in less than 30 days. We are convinced that there is a real need for homes like these in the economically burgeoning areas in which we are concentrating.Costs

~~The~~We ~~company~~have ~~intends~~not incurred any costs to ~~operate~~date 3relative ~~business~~to ~~units:~~research and development activities. We plan to undertake research and development activities during the summer 2012 in order to improve our manufacturing process as well as to develop low environmental impact building components.

1.Critical AAccounting SCIP manufacturing unit 2. A construction unit based in the Northern Panhandle of Texas, primarily around the Stinnett/Perryton Area. 3. A construction unit based in the Galveston, Texas area. This unit will do reconstruction following Hurricane Ike.Policies

~~SCIP~~Our ~~Manufacturing: The~~discussion ~~Company~~and ~~believes~~analysis ~~that~~of ~~construction~~our ~~using~~financial ~~SCIP~~condition ~~technology~~and ~~will~~results ~~start~~of ~~its~~operations ~~real~~are ~~growth~~based inupon ~~2011. In~~our ~~2007~~financial statements, ~~Ron~~which ~~Bell~~have ~~built~~been aprepared ~~SCIP~~in ~~home~~accordance ~~near~~with ~~Crystal~~accounting ~~Beach. Crystal~~principles ~~Beach~~generally isaccepted ~~directly~~in on the ~~Gulf Coast approximately 10 miles northeast of Galveston~~U.S. The ~~home~~preparation ~~was built on pilings that were designed so that a hurricane type high surf would pass underneath and not injure the structure~~ of ~~the~~these ~~home.~~financial ~~This~~statements ~~house~~requires ~~was~~us ~~the only one within several blocks~~ to ~~survive~~make ~~Hurricane~~estimates ~~Ike~~and ~~untouched.~~judgments ~~The~~that ~~Crystal~~affect ~~Beach House has raised~~ the ~~awareness~~reported amounts of ~~construction~~assets, ~~using~~liabilities, ~~this technology in areas prone to hurricanes~~revenues, ~~tornados~~ and ~~earthquakes~~expenses. ItIn isconsultation with our ~~intention~~Board toof beDirectors, ~~the~~we ~~leader~~have inidentified ~~this~~several ~~industry. FEMA~~accounting ~~officials~~principles asthat ~~well~~we asbelieve ~~the~~are ~~Structures~~key ~~group from Texas Tech University have both been~~ to ~~the~~understanding ~~house to inspect it and discuss a wide range~~ of ~~topics~~our ~~concerning~~financial ~~using~~statements. These ~~this~~important ~~type~~accounting ofpolicies ~~construction~~require ~~all~~management's ~~along~~most ~~the~~difficult, ~~gulf~~subjective ~~coast~~judgments.

~~Northern~~Development ~~Texas~~Stage ~~Panhandle: There is an acute housing shortage in the Northern Panhandle of Texas. This is due to a number of factors:~~Enterprise

1.We ~~Conoco-Phillips~~are –a 7development tostage 10enterprise, ~~year~~as ~~plant~~defined ~~expansion~~ASC 2.915, ~~Chevron~~“Accounting –and 7Reporting toBy 10Development ~~year~~Stage ~~plant expansion 3~~Enterprises. ~~Two Carbon Black plants within 10 miles of Stinnett 4. New plastics plant within 10 miles of Stinnett 5. New aircraft plant (Osprey Project) within 20 miles of Stinnett~~”

Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Stock Issued for Non-Cash Transactions

It is our policy to value stock issued for non-cash transactions, such as services, at the fair market value of the goods or services received or the consideration granted, whichever is more readily determinable, at the date the transaction is negotiated. There were no shares of common stock issued for services during the fiscal year ended March 31, 2011.

~~Plan~~Going ~~of Operations – continued~~Concern

~~All~~Our offinancial ~~the~~statements ~~motels and apartments~~ are ~~booked~~prepared ~~solid~~using ~~and~~generally ~~have~~accepted ~~been~~accounting ~~for~~principles ~~over~~applicable to a ~~year. The~~going ~~company feels that building some medium size houses~~concern, ~~1200-1500~~which sqcontemplates ~~ft,~~the asrealization ~~well~~of asassets ~~one~~and ~~(1)~~liquidation toof ~~three~~liabilities ~~(3) 40~~in ~~unit~~the 2normal ~~story~~course ~~motels~~of ~~would sell quickly in this area~~business. ~~Ron~~Our ~~Bell~~ability ~~(our~~to ~~highly~~continue ~~qualified~~as ~~consultant~~a ~~for~~going ~~this~~concern ~~area)~~is ~~has~~dependent ~~met~~upon ~~with~~our ~~the~~ability ~~Mayor~~to oflocate ~~Stinnett~~sources ~~as well as the President~~ of ~~the Stinnett Community Development Corporation~~capital, and ~~both~~attain ~~have~~future ~~told~~profitable ~~him~~operations. Our ~~that~~management ~~there~~ is acurrently ~~great~~initiating ~~demand~~their ~~for~~business ~~the products that we can deliver~~plan. ~~They~~The ~~are~~accompanying ~~currently~~financial ~~working~~statements ~~with~~do ~~Mr.~~not ~~Bell~~include toany ~~locate~~adjustments ~~additional~~that ~~home~~might ~~lots~~be ~~for~~necessary usshould towe ~~begin~~be ~~construction~~unable byto ~~the~~continue ~~third~~as ~~quarter~~a ofgoing ~~2011~~concern.

~~Galveston~~Results ~~Area: A major opportunity presented itself with Hurricane Ike. There is a great deal~~ of devastation in the general area and there will be a large number of homes and commercial structures that will need to be rebuilt following the hurricane. Affordable Green Homes will be at the center of the rebuilding. In 2007, Ron Bell built a SCIP home near Crystal Beach. Crystal Beach is directly on the Gulf Coast approximately 10 miles northeast of Galveston. The home was built on pilings so that a hurricane type high surf would pass underneath and not injure the structure of the home. We are also in discussions with major insurance carriers about rebuilding homes with our type of construction. Operations

~~RESULTS:~~You should read the selected financial data set forth below along with our discussion and our financial statements and the related notes. We have derived the financial data from our unaudited financial statements. We believe the financial data shown in the table below include all adjustments consisting only of normal recurring adjustments, that we consider necessary for a fair presentation of such information. Operating results for the period are not necessarily indicative of the results that may be expected in the future.

~~The~~Results ~~response~~for ~~our~~the ~~company~~Three ~~has~~Months ~~received~~Ended ~~from~~September ~~our~~30, ~~panel~~2011 ~~building~~Compared ~~process is positive. The costs~~ to ~~build~~the ~~are~~Three ~~lower~~Months ~~than~~Ended ~~concrete~~September ~~block or stucco~~30, ~~and the actual construction building time is twice as fast.~~2010

Our consultants have estimated that there is a real need for our product. Our company has just completed a video that explains the product and demonstrates the construction of affordable homes and privacy walls.

	Three Months Ended				Three Months Ended				Increase/
	September 30, 2011				September 30, 2010				(Decrease)
Revenue		$	0			$	0		$	0
Operating expenses			12,244				24,959		$	(12,715	)
Net (loss)			12,244				24,959		$	(12,715	)
Net (loss) per share		$	(0	)		$	(0	)	$	(0	)

~~Markets/ Potential Customer Base~~Revenues

~~Some~~We had revenues from operations in the amount of $0 for the ~~countries~~three wemonths ~~have~~ended ~~been~~September in30, ~~contact~~2011 ~~with~~as compared to ~~build~~revenues ~~affordable~~of ~~housing~~$0 infor ~~addition~~the tothree ~~Mexico~~months ~~are:~~ended September 30, 2010.

~~Mexico~~Operating ~~Peru Nigeria Saipan Guam India Brazil Indonesia Haiti Australia~~Expenses

~~EXPENDITURES~~Operating ~~The~~expenses ~~following~~decreased ~~chart~~by ~~provides~~$12,715 anto ~~overview~~$12,244 offor ~~our~~the ~~budgeted~~three ~~expenditures~~months ~~using~~ended ~~our~~September ~~existing~~30, ~~cash resources~~2011, byas ~~significant~~compared ~~area~~to of$24,959 ~~activity~~ for ~~each~~the ~~quarter~~three months ended September 30, ~~over~~2010. The ~~the~~decrease ~~next~~arose 12from ~~months:~~a reduction in fees from consulting, accounting and legal.

ITEMS	Jan-Mar		Apr-Jun		Jul-Sept		Oct-Dec		12 Month Total
Legal/Accounting		10,000		10,000		10,000		10,000		40,000
Transfer Agent		500		500		500		500		2,000
Web Site Development		500		500		500		500		2,000
Office Rent		500		500		500		500		2,000
Travel Expenses		10,000		10,000		10,000		10,000		40,000
Video Production		500		500		500		500		2,000
Advertising		1,000		1,000		1,000		1,000		4,000
Office Equipment & Supplies		200		200		200		200		800
TOTALS:	$	23,200	$	23,200	$	23,200		23,200	$	92,800

Net Loss

We had a net loss of $16,369 for the three months ended September 30, 2011 compared to a net loss of $29,334 for the three months ended September 30, 2010.

Results for the Six Months Ended September 30, 2011 Compared to the Six Months Ended September 30, 2010

	Six Months Ended				Six Months Ended			Increase/
	September 30, 2011				September 30, 2010			(Decrease)
Revenue		$	0		$	0		$	0
Operating expenses			27,258			27,169		$	89
Net (loss)			27,258			27,169		$	89
Net (loss) per share		$	(0	)	$	(0	)	$	(0	)

Revenues

We had revenues from operations in the amount of $0 for the six months ended September 30, 2011 as compared to revenues of $0 for the six months ended September 30, 2010.

Operating Expenses

Operating expenses increased by $89 to $27,258 for the six months ended September 30, 2011, as compared to $27,169 for the six months ended September 30, 2010.

Net Loss

We had a net loss of $35,508 for the six months ended September 30, 2011 compared to a net loss of $35,919 for the six months ended September 30, 2010.

~~LIQUIDITY~~Liquidity and ~~CASH~~Capital ~~RESOURCES:~~Resources

We ~~are~~ currently ~~seeking~~have ~~financing~~no tomaterial ~~build~~commitments ~~two~~for ~~more houses in Stinnett as well as three to five houses in Perryton, TX. We are also looking to raise~~ capital toexpenditures ~~allow~~and ushave tono ~~scale~~fixed ~~the company to be able to construct 20-40 homes at a time~~expenses.

~~How~~Working ~~long Affordable Green Homes will be able to satisfy its cash requirements depends on how quickly our company can generate investment~~ capital oris ~~revenue~~summarized and ~~how~~compared ~~much~~as ~~revenue can be generated. Although there can be no assurance at the present, the company plans to be in a position to generate construction revenues by Sept 30, 2011.~~follows:

Item 3. Quantitative and Qualitative Disclosures About Market Risk

	September 30,				September 30,
		2011			2010

Current assets		$	0		$	358
Current liabilities			557,549			479,882
Deficit		$	(557,549	)	$	(479,524	)

~~Not~~The ~~required~~changes in our working capital are primarily due to an increase in related party payables and accrued interest payable.

~~Item~~Changes 4.in ~~Controls~~cash ~~and~~flows ~~Procedures~~are summarized as follows:

AsOur ~~required~~net bycash ~~Rule~~provided ~~13a-15 under the Securities Exchange Act of 1934, as of the end of the period covered~~ by ~~this~~operations ~~quarterly~~was ~~report,~~$208 ~~our~~for ~~management concluded its evaluation of~~ the ~~effectiveness~~ ofsix ~~the~~months ~~design~~ended ~~and~~September operation of our disclosure controls and procedures. Disclosure controls and procedures are controls and procedures designed to reasonably assure that information required to be disclosed in our reports filed under the Securities Exchange Act of 193430, ~~such~~2011 as ~~this~~compared ~~quarterly~~to ~~report,~~$120 isused ~~recorded,~~by ~~processed,~~operations ~~summarized~~for ~~and reported within~~ the ~~time~~six ~~periods~~months ~~prescribed~~ended bySeptember ~~SEC rules and regulations~~30, ~~and to reasonably assure that such information is accumulated and communicated to our management, including our President, to allow timely decisions regarding required disclosure~~2010.

AsDuring of the ~~evaluation~~six ~~date,~~months ~~our~~ended ~~CEO~~September ~~who~~30, ~~also serves as our principal financial and accounting officer~~2011, ~~concluded that~~ we doexperienced ~~not~~a ~~maintain~~net ~~disclosure~~loss ~~controls and procedures that are effective in providing reasonable assurance that information required to be disclosed in our reports under the Securities Exchange Act~~ of ~~1934 is recorded~~$35, processed, summarized and reported within the time periods prescribed by SEC rules and regulations, and that such information is accumulated and communicated to our management to allow timely decisions regarding required disclosure508. ~~Our~~This ~~CEO~~included isoperating ~~not~~expenses a financial or accounting professional, and we do not have any other employees, including a chief financial officer, comptroller or similarly titled senior financial officer, or any accounting personnel sufficiently trained in the ~~application~~amount of ~~generally accepted accounting principles. As a result of our limited financial resources~~$27,258 we do not anticipate that we will be in a position to engage such properly trained professional accounting personnel or a senior financial officer in the foreseeable future. Until we are able to engage a qualified financial officer, and~~/or~~ ~~properly~~interest ~~trained~~expense ~~accounting~~of ~~staff~~$8, ~~we may continue to experience material weaknesses in our disclosure controls that may result in errors in our financial statements in future periods~~250.

~~There~~During ~~were~~the nosix ~~significant~~months ~~changes~~ended inSeptember ~~our~~30, ~~internal~~2010, ~~controls~~we orexperienced ina ~~other~~net ~~factors~~loss ~~that~~of ~~could significantly~~$35,919. This ~~affect~~included ~~those~~operating ~~controls~~expenses ~~since~~in the ~~most~~amount ~~recent~~of ~~evaluation~~$27,169 ofand ~~such~~interest ~~controls~~expense of $8,750.

~~PART~~Cash ~~II:~~provided ~~OTHER~~by ~~INFORMATION~~financing activities for the six months ended September 30, 2011 and 2010 was $0 and $0, respectively.

~~Item1.~~As ~~Legal~~of ~~Proceedings~~September 30, 2010 and 2011, we owed related parties $249,184 and $303,914, respectively, for working capital advances which were provided to us on an interest-free basis.

~~None~~We had total principal due under all notes payable at September 30, 2010 and 2011 of $175,000 and $165,000, respectively, all currently due, with accrued interest payable of $30,371 and $46,871, respectively. Interest expense under all notes payable in the fiscal quarters ended September 30, 2010 and 2011 was $4,375 and $4,125, respectively.

~~Item1A.~~At ~~Risk~~September ~~Factors~~30, 2010 and 2011, we had $90,000 in unsecured notes payable due to a corporation controlled by an officer, bearing interest at 10% per annum, plus a 10% fee for late repayment which has been incurred, with all principal and interest currently due.

~~Not~~At ~~required~~September 30, 2010 and 2011, we had $85,000 and $75,000, respectively, in unsecured notes payable due to several individuals, bearing interest at 10% per annum, and with all principal and interest currently due. One of these notes is in the amount of $10,000 and is convertible at $0.10 per share at any time prior to repayment and in the sole discretion of the note holder. The note also carries a 10% fee for late payment which has now been incurred. A second note which is in the amount of $50,000 allows the note holder, in their sole discretion, to take repayment in either cash or 600,000 shares of our common stock.

~~Item~~There 2.was ~~Unregistered~~no ~~Sales~~net ofcash ~~Equity~~used ~~Securities~~or ~~and~~provided ~~Use~~from ofinvesting ~~Proceeds~~activities for the six months ended September 30, 2011 or 2010.

None

Item 3. Defaults upon Senior Securities

None

Item 4. Submission of Matters to a Vote of Security Holders

None

~~Item~~ITEM 5.3 ~~Other~~– ~~Information~~QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

~~None~~We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information under this item.

~~Item~~ITEM 6.4 ~~Exhibits~~– CONTROLS AND PROCEDURES

Exhibit #	Description
31.1	Certificate of Principal Executive Officer
31.2	Certificate of Principal Accounting Officer
32.1	Certification Pursuant to 18 U.S.C. 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2	Certification Pursuant to 18 U.S.C. 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

Evaluation of Disclosure Controls and Procedures

Our Chief Executive Officer and Chief Financial Officer have evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934) as of the end of period covered by this report. Based upon such evaluation, the Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective to ensure that the information required to be disclosed by us in the reports that we file or submit under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms, and is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.

Changes in Internal Control Over Financial Reporting

There were no changes in our internal control over financial reporting during the period covered by this report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II – OTHER INFORMATION

ITEM 1 – LEGAL PROCEEDINGS

To the best knowledge of management, there are no litigation matters pending or threatened against us, nor are we aware of any governmental authority contemplating any legal proceeding against us.

ITEM 1A – RISK FACTORS

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 (the “Exchange Act”) and are not required to provide the information under this item.

ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

There have been no events which are required to be reported under this item.

ITEM 3 – DEFAULTS UPON SENIOR SECURITIES

There have been no events which are required to be reported under this item.

ITEM 4 – (REMOVED AND RESERVED)

ITEM 5 – OTHER INFORMATION

There have been no events which are required to be reported under this item.

ITEM 6 – EXHIBITS

Exhibits:

Exhibit No.	Description
31.1	Certification of Chief Executive Officer Pursuant to the Securities Exchange Act of 1934, Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2	Certification of Chief Financial Officer Pursuant to the Securities Exchange Act of 1934, Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema
101.CAL	XBRL Taxonomy Extension Calculation Linkbase
101.DEF	XBRL Taxonomy Extension Definition Linkbase
101.LAB	XBRL Taxonomy Extension Labels Linkbase
101.PRE	XBRL Taxonomy Extension Presentation Linkbase

SIGNATURES

In Pursuant ~~accordance~~to ~~with~~the requirements of Section 13 or 15 (d) of the Securities Exchange Act of 1934, the Registrant has duly caused this ~~report~~Report to be signed on its behalf by the undersigned, thereunto duly authorized.

	AFFORDABLE GREEN HOMES INTERNATIONAL, INC. (Registrant)
Date: February 9, 2011	By:	/s/ Michael P Vahl
		Michael P Vahl, CEO/President

AFFORDABLE GREEN HOMES INTERNATIONAL

/s/ Michael P Vahl

Michael P. Vahl

Chief Executive Officer and President

(Principal Executive Officer)

Date: March 19, 2012

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