Community Housing Impact Partners
The current housing shortage in this state is a drag on our economy and is a barrier to climbing the socio-economic ladder for hundreds of thousands of families in Chicago and Illinois. The Community Housing Impact Partners (CHIP), L3C business mission is to provide affordable workforce housing for the sake of generating a measurable social and environmental impact while providing market-rate returns for our investors.
We build and manage sustainable and affordable community-based housing on a small scale with a big impact.
OUR COMPANY WEDS BOTH PROFITS AND PURPOSE IN OUR MISSION PARTNERING SOCIAL IMPERATIVE WITH MARKET FORCE RETURNS WHICH SUSTAINS US TO REINVEST AND BUILD AGAIN
Through this type of social impact investing our model realizes that it is possible to turn a profit, satisfy stakeholders and raise up a community all at the same time. It is an inclusive business model focusing not on corporate philanthropy nor monetary subsidization which have inherent limitations of scope, impact and budget.
Rather, it is based upon a mission-focused sustainable and scalable for-profit business model which provides market rate returns for our investors forged by creative workforce housing solutions subsidized only by creative and innovative solutions. In order to sustain the mission of the company and provide workforce housing to its stakeholders our business model is driven by profit as a tool to sustain the impact and company longevity.
Social Impact Investing is explained by successful entrepreneur Bobby Turner here.
Rather, it is based upon a mission-focused sustainable and scalable for-profit business model which provides market rate returns for our investors forged by creative workforce housing solutions subsidized only by creative and innovative solutions. In order to sustain the mission of the company and provide workforce housing to its stakeholders our business model is driven by profit as a tool to sustain the impact and company longevity.
Social Impact Investing is explained by successful entrepreneur Bobby Turner here.
Leading the way through a positive disruption
of the construction industry
Our social enterprise mission is to positively disrupt the construction industry which accounts for 6% of the global GDP. It is the largest global consumer of raw materials with constructed objects accounting for up to 40% of the world’s total carbon emissions. Our homes will revolutionize the manufacturing and fabrication model, the renewable energy model and the natural resource consumption model of the current unsustainable construction industry standards.
Compared to many other industries, the construction industry has traditionally been slow at technological development. It has undergone no major disruptive changes. It has not widely applied advances in its methods. As a result, efficiency gains have been meager. In the United States over the last 40 years, labor productivity in the construction industry has actually fallen. Labor costs have risen and the methods used are not very different from how we built homes over 100 years ago.
Our homes include technological advances in construction methods and building systems with energy monitoring and life-cycle cost savings for owner and occupants. In order to be affordable and meet the needs of the communities we serve we must continue to rethink and become innovative at how our homes are built. Inefficiencies must be stripped away from the process while healthier material choices and durable energy efficient designs are a critical part of the solution.
Compared to many other industries, the construction industry has traditionally been slow at technological development. It has undergone no major disruptive changes. It has not widely applied advances in its methods. As a result, efficiency gains have been meager. In the United States over the last 40 years, labor productivity in the construction industry has actually fallen. Labor costs have risen and the methods used are not very different from how we built homes over 100 years ago.
Our homes include technological advances in construction methods and building systems with energy monitoring and life-cycle cost savings for owner and occupants. In order to be affordable and meet the needs of the communities we serve we must continue to rethink and become innovative at how our homes are built. Inefficiencies must be stripped away from the process while healthier material choices and durable energy efficient designs are a critical part of the solution.