Social Impact Project for Finance Experteer to Support an Impact Fund for Energy Efficiency
Project Description and Impact
My company design-builds affordable and energy efficient modular housing, commercial and community real estate. We also redevelop blighted industrial land in underserved and under-resourced communities micro-factories to hire local tradesmen and tradeswomen to support our work and create jobs. A huge impediment to the global housing crisis is bureaucratic red with respect to land acquisition, harsh building codes and long lead times to build enough supply of affordable housing. What also makes our work challenging as a social enterprise is attracting real estate developers with enough capital to acquire property for the sole purposes of building quality affordable housing, and for these developers to pay for our construction services. As our global urban communities grow land prices increase, which make it difficult for small local developers to acquire property and redevelop accordingly.
With this project, we will develop a strategic plan to successfully implement our first impact fund. This fund will provide investment needed for us to build more modular affordable housing, acquire property to develop our own energy-efficient affordable multi-family housing, hire more workers, and provide a vehicle for private investors to financially support the global housing crisis. This fund will speed up our ability to increase revenue while building and shipping affordable housing around the world. We could reach more people in need of adequate housing, increase job and training opportunities, add more energy efficient real estate to the market while lessening the negative impacts of displacement. We would not have to rely on difficult underwriting requirements from conventional lending institutions, nor have to question the motives of said financial institutions that market themselves as leaders in housing development finance.
By participating in the MovingWorlds Institute, you will first learn social impact frameworks and human-centered design before putting your existing skills and new knowledge to action.In addition, this organization will expose you to new things, like:
Hands-on experience with an innovative affordable housing design and construction company.
Hands-on experience with engaging low-wealth communities.
If accommodations are needed we can support a stipend of $50/day (USD) for a week for accommodation costs of a local hotel located 5-10 min from our office.
We can support up to one return ticket, economy class (max $500 USD).
We can provide healthy meals and snacks everyday throughout the duration of your stay.
We can provide informal accommodations such as on-site office space with wifi.
This project accepts virtual experteers.
About the Hosting Organization
Mākhers Studio is a For-profit with social mission working on Architecture & Planning, Design, Manufacturing, Real Estate.