Impact

Numbers of Jobs and Homes Created

Through projected investments over 10 years, we expect to:

- Create over 5,000 well-paying local construction jobs

- Establish 1,000 long-term property management and facilities roles

- Develop more than 15,000 sustainable affordable housing units nationwide

Community Development Initiatives Funded

A portion of profits will sponsor programs like:

- Youth job training and financial literacy education

- Small business grant programs in Opportunity Zones

- Partnerships with trade schools for ongoing workforce pipelines

- Public improvements like parks, broadband access, and transportation

Partnership with Native American Tribes and Veterans Organizations

The Fund seeks to partner closely with groups like:

- Local tribal housing authorities to build workforce housing on reservations

- Native CDFIs to expand homeownership and small business creation

- Veterans groups for supportive housing initiatives and contracting opportunities

- Veteran service organizations for employment placement and social services

Arizona

Investments in the greater Phoenix area will focus on manufacturing expansion and apartment development to address the city's shortage of over 50,000 affordable rental homes. By partnering with local Native American tribes, hundreds of sustainable single-family units can be constructed rapidly on their lands through Gigacrete's innovative building process.

Oklahoma

Nearly half of renters in Oklahoma City spend over 30% of their income on housing costs. The Fund seeks to develop two affordable multifamily properties totaling 300 units near public transit in underserved neighborhoods. A portion will target housing and jobs for military veterans. Construction is projected to start within 18 months of investment

brown grass field under blue sky during daytime

Georgia

Atlanta's booming population and tight housing market have led to rising displacement in historically black communities close to the city center. The Fund is evaluating sites near downtown to build low-rise condominiums using Gigacrete systems, with preference given to long-time residents and first-time homebuyers. Construction could create an estimated 400 local union jobs.

Atlanta Made printed building under blue sky during daytime

green pine trees near lake under blue sky during daytime

Idaho

In northern Idaho, Gigacrete's building methods are well-suited to address growing housing needs exacerbated by rising costs of construction in wood-frame regions. The Fund intends to construct over 500 single-family rental homes in under two years across underserved rural towns like Coeur d'Alene and Lewiston.

green trees beside lake under cloudy sky during daytime

Michigan

Detroit's resurgence has worsened affordability as nearly half of all households are rent-burdened. The Fund has identified multiple Development Opportunity Zones for potential mixed-use projects near new public transportation, including apartment buildings, for-sale townhomes, and commercial spaces with a focus on creating 1,000 jobs.

Through these varied projects, the Fund seeks to generate competitive returns while achieving meaningful community impact. Thousands of high-quality affordable housing options and local jobs are projected to be created across high-needs regions.