Refugee Lens Investing
Investing in refugees, who are often known for their disproportionate success in America, is an overlooked opportunity.
Courage Housing partners with refugee-focused nonprofits, who help tenants access comprehensive wrap-around services, including healthcare, employment opportunities, English classes, social services, and more.
Providing support enhances the emotional, educational and economic well-being of our new Americans tenants. As a result, we anticipate lower turnover, lower vacancy, and reduced loss to lease with our assets.
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Finally, refugee resettlement contributes to safer neighborhoods. In the ten cities that received the most refugees relative to their size from 2006-2015, crime dropped significantly in 9 of 10 locations. We strategically acquire and develop properties where refugee-centered, multi-family development can leverage these trends to mitigate risk and drive returns.
A Market Gap That Matters
Overwhelming demand
Limited access
Federal refugee housing programs are oversubscribed and have long wait-lists.
Because newly arrived refugees have neither a credit score nor a work history in the US, only 15% of landlords are willing to rent to refugees. The housing crisis compounds the problem.