Gashkitoon: Sustainable Transitional Housing through Social Finance Project (STH)
Tewegan, an Indigenous youth supportive housing provider, plans to expand housing capacity and develop a social enterprise that provides a revenue stream based on existing skills and capacity. Gashkitoon will advance Tewegan’s development of a revenue-generating model that supports young Indigenous women through the provision of safe, supportive transitional housing options. Tewegan has identified a two-pronged model that involves the potential purchase of a smaller multi-unit building as well as the co-occurring development of a property management company. Tewegan plans to define financing and investment vehicles for the purchase of a multi-unit dwelling with an interactive financial model and develop market research and a business plan for the proposed property management social enterprise.
Grant amount: $75,000