Affordability Innovations, a new Workgroup within the GEM

On the heels of the announcement of GEM’s Blockchain + True Estate workgroup, we have another up our sleeves to start out the new calendar year.

The Affordability Improvements workgroup–hosted and curated by Matt Hoffman, Abby Ivory, and Jenna Louie–is staying made to uncover and elevate startups centered on housing affordability, availability, and attainability.

With a 5M+ scarcity of housing models in the US and an increasing quantity of renters and owners who are having hassle acquiring or keeping in their residences, we know housing affordability is additional important than ever. Whilst there are numerous debates and discussions on the problems that have led us in this article, we are concentrated instead on the most promising options.

The purpose is to bring collectively GEM users who are both (1) operating on ideas or ventures related to housing affordability, availability, or attainability, OR (2) have an desire in the place and want to take action. In just this community, we’d like to elevate additional businesses operating in the area, advertise and examine new improvements, and persuade organizations without an existing concentration on affordability to include a single shifting forward.

As Matt Hoffman says,

Housing is unaffordable in most markets thanks to a deficiency of creativity and political will. We will aim on pinpointing precise improvements and technologies that can assist split down these barriers with the goal of developing an open-source wiki for cataloging gating difficulties greatest techniques.

Founders/execs from the subsequent companies are by now included: PadSplit (see our Blueprinting Proptech assessment), Pronto Housing, Landis, Haven Hook up, Rentor Mentor, CityBldr, Housing Connector, Critical, Module, Acre, Nationwide Association of Realtors / Second Century Ventures, and Fleq.

We are keeping a kick-off Zoom call on Thursday, February 17th at 10 am PST.

Are you an govt working on or passionate about affordability, and interested in attending? Be sure to shoot us an email (neighborhood at geekestate dot com).