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ASCENDANT HOMES
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Published on Nov 02, 2017
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PRESENTATION OUTLINE
1.
ASCENDANT HOMES
A Great Neighbor for Habitat
Photo by
boxchain
2.
An invitation to think about Ascendant
Photo by
aubergene
3.
Ascendant is
a pre-start "B Corp"
committed to providing more access to affordable housing
by making house kits 400 - 1,000 sq ft, flat packed and ready to finish
Photo by
ninahale
4.
Market Segment in Stages
owner occupied, 50-70% AMI
Rental Units
ADUs
Transitional housing
Photo by
ccPixs.com
5.
Financial Structure
Combination of Debt and Equity
Net profit capped at 20% for owners or reinvestmen
Additional proceeds targeted towards mission consistent nonprofits in the form of grants, rebates or loan guarntees
Photo by
Fabian Blank
6.
Product & Capacity
Structures will meet/exceed Habitat standards
Full stage capacity could be 100 homes per month
A 300 Mile Shipping Radiu
7.
Construction: Medium Tech
Off site and under cover
Materials move on conveyor belts
Modifications made at workstations with hand-held powe tools
Photo by
Mr ATM
8.
Alignment Advantages
Photo by
Raphael Koh
9.
Participation & Engagement
off-site construction
on-site participation by home owners and volunteer
Photo by
nyealumniadvisor
10.
Financial
Lower cost per unit increases annual units or recalibrates target AMI
Frame paid from loan proceeds: no cash flow impact for Habita
Possible Ownership Role
Ability to scale nationally and internationally
Photo by
kenteegardin
11.
Possible Roles & Responsibilities
12.
Sample Transaction
Habitat qualifies homeowner and arranges financing
Habitat places order
Ascendant builds and delivers frame and finishing elements
Homeowners, Habitat staff and volunteers erect frame and finis
Photo by
Alberto J. Almarza
13.
Hypothetical Economics
14.
Density
Zoning is key to affordability, particularly in land cost, site prep
15 or more 'studio' or 'cottage homes could be sited per acre
Habitat holds expertise in zoning and policy development
Ascendant can add its own resources case by case or more broadly.
Photo by
Dan Roizer
15.
Ascendant's Start-Up Plan
Joe Romano
Haiku Deck Pro User
http://picasaweb.google.com/romano47
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