February 13, 2023
The most asked question is, how? How will you build this affordable housing development without banks or big investment firms?
That has been the question for a few years now. Many laws must be followed when bringing on investors, and so many are broken daily by so many. So let us walk you through how we intend to be better, and let us announce the first not to use institutional money to make the mission of Tattered Lives Farm become a reality.
The answer to this question is called Fractional Ownership! This concept isn’t new, but we haven’t found another non-profit using it in this compacity. Again you ask why? The WHY is that this project needs to be funded, and big banks or large investment groups support most projects like this.
We weren’t interested in putting any more money in their pockets, so Fractional Ownership, once all our paperwork is in place, will allow all the units to be owned by individuals or financial groups for as low as $500 per investment. The Fractional Ownership option gives the so-called “average joe” the ability to help Tattered Live Farm and its national mission and put money in the “average joes” pocket for helping. You make a little money helping others!
Pretty unique, right? Right!
Frankly, we are all sick of being bombarded with people asking for donations, and structuring Tattered Lives Farm the way it is, allows it to be funded by the land development and not rely on donations. It gives people who would have donated the ability to put that money in the Fractional Ownership option, help grow the Tattered Lives Farm mission nationwide, and put money back in their pockets.
If you want to get involved in the Fractional Ownership program, you can fill out the form to the left, and the Founder will contact you personally.