New Story Charity

Founded in 2014 in San Francisco, US, New Story Charity aims to create sustainable housing solutions. The organization was established by Alexandria Lafci, Brett Hagler, and Matthew Marshall.New Story focuses on providing affordable housing solutions in Latin America, primarily through land development and ownership programs. Their core offerings include securing underused land, constructing necessary infrastructure such as roads, power, and sanitation, and facilitating legal land ownership for families. Families can make small monthly payments and receive legal titles within 24 months, enabling them to build equity and qualify for home loans using the land as collateral. They target low-income families who face challenges in obtaining stable housing, with a focus on empowering women, as 60% of land titles are allocated to female beneficiaries.New Story generates revenue through donations, impact investments, and corporate partnerships. Families contribute through small monthly payments for land, supporting a sustainable revenue stream for ongoing projects.New Story plans to enhance its offerings by developing new affordable housing projects targeted at expanding into additional regions in Latin America. By the end of 2027, the organization aims to significantly increase its impact, facilitating housing solutions for more families.

1. Seed

   May 15, 2015

   Amount

   $0.1M

   Investors

   Locked