Home Makeover

13 07 2009

By: Hannah Kim

On Friday July 10, 2009, Jackie and I had the opportunity to present our Homeless Sponsorship idea to the Tri-Cities Homelessness Task Group at the Coquitlam City Hall. As a reminder, the Homeless Sponsorship idea is centred on model of using a giving circle of socially conscious investors to buy a housing unit and then rent it to 2 – 3 homeless clients while providing support services to these clients with the help of outreach workers and volunteers (see previous post, “A Flowchart to Visualize Our Idea”).

Home RepairAfter the presentation, feedback on our novel solution included a great suggestion from a prominent local businessman (who is also a board member on the Tri-Cities Chamber of Commerce): in addition to foreclosures, look for properties that are in need of repair when finding housing! Such properties would be less expensive for the giving circles to purchase. Once the property is purchased, we can look to support from the local business community in the form of services and materials donations for the repair and refurbishing. This process adds value to the property for the giving circle members, which is another incentive for these investors. Further, if we are able to garner support from the same local businesses in refurbishing and repairing housing units on a yearly basis after a given group of homeless clients move out, investors would have even more reason to participate in our Homeless Sponsorship idea.

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2 responses

13 07 2009
Helen

This is a great idea. Not only does it add value to our community, the need to repair these buildings can create work opportunities for the homeless.

14 07 2009
Hannah Kim

Thanks for your feedback Helen! You’re absolutely right–there is an opportunity to provide some temporary employment for homeless clients through the repair/refurbishing process of our supported housing units. It may also be a chance for graduates of our program to give back to their community by volunteering their services! 🙂

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