LREIC is excited to partner with Inherent Homes for a tour of their production facility in North Lawndale and first home in the West Humboldt Park community. Join us to learn more about Inherent Homes L3C as a low profit housing company that leverages local workforce, contractors and stakeholders to transform lives, communities and generations through homeownership.
According to a study conducted in 2021*, from 1968 to 2020, the sector of economic activity that includes housing construction, renovation, and residential fixed investment (RFI), only accounted for approximately 5.0% of total GDP. Since 2008, RFI accounted for only 3.0% of GDP, representing a significant decline in investment in housing infrastructure relative to the size of the national economy. If you're a real estate developer, investor, housing provider or broker you don't want to miss this opportunity to learn how Inherent Homes L3C has innovated a remarkable strategy to address Chicago's housing shortages, affordability, and sustainability.
Agenda
Arrival at production facility (4647 W Polk St) 2:45-3:00 pm
Bus departs (provided by LREIC) to site (647 N Lawndale) 3:00 pm SHARP!
Return to production facility 3:45-4:00 pm
Sip n See Panel & Networking 4:00-5:30 pm
Registration is required for entry at production facility AND home. Bus will depart at 3:00pm sharp, latecomers will have to drive to site independently and must still register for entry.
*https://cdn.nar.realtor/sites/default/files/documents/Housing-is-Critical-Infrastructure-Social-and-Economic-Benefits-of-Building-More-Housing-6-15-2021.pdf
