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.
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.