The model
One property. People who live there, people who own it, people who support it, and a ministry that ties it together.
The picture
Urban Co-Living LLC
the real estate entity
owns
The Property
duplex · land · food · water · sun
homes & connects
Residents
people who call it home
Ownership partners
conceptually eight, one-eighth each
supported by
Practical Love
the ministry
Nonprofit
501(c)(3) — status TBD
Investors & donors
resources and support
The legal relationship between these pieces is still being developed. We're not asserting one yet. Legal structure TBD
Ownership vision
The long-term concept is eight ownership partners. The founders would be part of the eight, with six additional partners having the opportunity to participate. Conceptually, that's one-eighth per partner.
We're also exploring ways for investors with financial resources to help people who have historically faced barriers to property ownership obtain their first ownership opportunity.
The final structure is TBD. Structure TBD
Keep things separate
These are different things, and we'll keep them clearly separate:
Investment
Capital toward the property and project. Terms TBD
Ownership
Participating in the eight-partner model. Details TBD
Donation
Supporting the nonprofit and the work. Give →
Sponsorship & participation
Helping with resources, skills, or hands. Coming soon
Please read: This page explains a concept. Nothing here is an offer to sell securities, a solicitation to invest, or a promise of financial returns. Investment terms, ownership details, valuation, and legal structure are TBD.