October 28, 2008
When: October 28, 2008
Where: Newport Beach, California
Despite Difficult Economy, Builders and Their Trade Partners Continue to Give Back to Their Communities by Building Homeless Housing Facilities Across the U.S.
NEWPORT BEACH, Calif. – October 28, 2008 – HomeAid, a leading national non-profit provider of housing for today’s homeless, proudly announced that the organization has attained a very significant growth milestone: more than 100,000 homeless men, women and children have been served in HomeAid’s 170 nationwide multi-unit homeless housing facilities. This milestone holds special significance because it truly reflects the HomeAid model of marshaling the resources of the homebuilding industry to build and donate housing to service provider organizations that serve individuals and families who are temporarily homeless.
Celebrating its 20th year of helping America’s homeless population, HomeAid has grown to 22 nationwide chapters in 16 states. The organization’s 170 multi-unit homeless housing facilities provide more than 4,200 beds each night to serve homeless families and individuals, and represent more than $120 million in project construction costs. As homeless men, women and children graduate from homelessness in HomeAid-built facilities into affordable housing, these beds open for a new occupant to begin a recovery process and become self-sufficient. The resulting “multiplier effect” for each bed accounts for the 100,000-person-served milestone.
“Our model involves builders and their trade partners donating their time, resources, materials and expertise to construct multi-unit homeless housing facilities,” said Jeffrey Slavin, CEO of HomeAid. “Being able to help more than 100,000 homeless individuals, a large percentage of whom are children, makes a very powerful statement about the generosity of the homebuilding industry, especially during these difficult economic times.”
“HomeAid enables builders to do what they do best: build. Sometimes, a builder or trade partner may not be able to contribute money, but they can certainly give their time and expertise,” said Bert Selva, president and CEO of Shea Homes. “The payback is to help someone who is homeless in his or her transition, and, person-by-person, you start making a difference in the world.”
According to Slavin, HomeAid’s facilities have seen an average contribution of labor and materials of 61 percent of the total direct construction cost of the structure. “This donation rate enables a homeless service provider who is given a facility to realize a leveraging effect, when all project costs are included, of more than twice the hard dollars invested in the project,” noted Slavin. “This leveraging effect has enabled our service providers to add capacity to help their communities’ homeless population become productive members of society.”
With another 55 projects in development across all of HomeAid’s chapters, the organization expects that the number of people served and total construction amounts will dramatically increase in the next few years. “As new chapters are added and our organization’s capacity grows to help other non-profit service providers, the ultimate benefactors will be the nation’s 3.5 million homeless families and individuals to whom HomeAid represents an opportunity to rebuild their lives,” said Slavin.