#USA #Las Vegas #Modular Housing #BOXABL #Faith-Based Projects

BOXABL's New Contracts with Faith-Based Organizations

BOXABL Inc., a trailblazer in modular housing solutions, has made headlines again with the announcement of two new contracts that emphasize its commitment to addressing the housing crisis, particularly through faith-based organizations. Recently, the company confirmed a significant agreement to provide 51 units to Grace Bible Church-Rialto and a 20-unit contract with Gateway Christian in San Bernardino, California. These contracts mark a pivotal step toward BOXABL's aim of integrating modular homes into community-oriented projects, especially amidst the ongoing YIGBY (Yes In God's Backyard) movement.

This recent deal adds to BOXABL's expanding portfolio within the faith-based vertical, which has been on the rise due to a combination of reduced donations and declining membership within these organizations post-COVID. With these new projects, BOXABL is not only helping faith organizations support vulnerable populations, such as veterans and the homeless, but also providing a viable solution for financial sustainability by allowing these institutions to generate revenue through housing developments.

Background on BOXABL

As a Las Vegas-based company, BOXABL's revolutionary approach to housing, particularly its 361-square-foot Casita units, is transforming the landscape of affordable housing. Each modular unit is complete with essential amenities, including a kitchen, bathroom, and living area, making them suitable for a variety of resident needs. The recent contracts signify a total of 122 units secured within the faith-based sector this year, amounting to approximately $7 million in value. This includes partnerships with other organizations like Bethel AME Church of Fontana and Catholic Charities of the Archdiocese of Oklahoma City, showcasing BOXABL's adeptness not only in modular construction but also in navigating regulatory landscapes and securing key contracts.

The Growing YIGBY Movement

The YIGBY movement is a significant driver behind BOXABL's strategic direction. With California's Affordable Housing on Faith Lands Act (SB4) facilitating zoning for faith-based housing, there's newfound potential for development on underutilized land owned by religious organizations. The Tener Center at UC Berkeley estimates that SB4 has the capability of unlocking 171,000 acres of faith-owned land, which could support up to half a million affordable housing units. This is a remarkable opportunity for BOXABL and similar companies to partner with faith-based organizations looking to revitalize and maximize their property potential, especially as many congregations face challenges sustaining their programs.

As you can imagine, the opportunity presented by these legislative changes addresses not just an immediate housing crisis but also enhances the visibility and value of faith-based institutions that collaborate in these developments. BOXABL's recent projects highlight the potential for increasing grant funding and community engagement, a win-win situation not just for the organizations involved, but also for the communities they serve.

BOXABL's Invitation for Partnerships

In light of these developments, BOXABL is launching a nationwide marketing campaign aimed at connecting with more faith-based organizations, nonprofits, developers, and funding partners who share their vision. Interested parties are encouraged to explore collaboration opportunities via the BOXABL website. This outreach is vital as the company aims to tackle housing shortages while providing sustainable financial models for churches and faith organizations.

In conclusion, BOXABL's recent contracts represent more than just figures on a balance sheet; they symbolize a forward-thinking approach in reimagining the role of faith-based organizations in the housing sector. As BLXABL continues to push the envelope in modular construction and market engagement, the potential for positive outcomes in community housing remains ever-promising. The company's innovative strategy may set a precedent for how faith organizations can navigate the challenges of modern housing needs while nurturing their congregations and service commitments.