Savers Village

Savers Village

Early Stage

Work-force housing designed to turn tenants into home-owners.

Work-force housing designed to turn tenants into home-owners.

Overview

Raised this Round: Raised: $42,400

Total Commitments ($USD)

Platform

Small Change

Start Date

10/20/2020

Close Date

05/01/2021

Min. Goal
$1,000
Max. Goal
$600,000
Min. Investment

$1,000

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$1.00

Year Founded

2020

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

East Orange, New Jersey

Business Type

Life Style

Savers Village, a workforce housing project in Newark, NJ, is raising funds on Small Change. The project will offer affordable housing to families, in addition to giving them a pathway to financial freedom and homeownership. The landlord will deposit 10% of the rent in the tenants’ savings account each month. DS Real Estate will manage Savers Village. The proceeds of the current crowdfunding campaign, with a minimum target of $1,000 and a maximum target of $600,000, will be used to build the 39-unit project. Savers Village will not only make housing affordable but also build wealth and help transform a neighborhood.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 10/20/2020
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Savers Village on Small Change
Platform: Small Change
Security Type: Equity - Preferred
Price per Share: $1.00

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