THE LAFAYETTE HOUSE
Last year, a donor approached 3:11 offering a 0% interest line of credit for the purchase of a new property. It is often difficult for 3:11 to purchase properties quickly because of the capital needed and the speed of the housing market. While grant funders are quick to support capital projects once they’re purchased, it’s hard to find the initial money to secure each property. The donor’s willingness to provide this flexible funding allowed us to purchase the Lafayette Home.
Because of this donor’s investment, 4 youth and 1 mentor will call the Lafayette house their home. We have been working to develop 2 units in this house and are dreaming about other possibilities on this property.
- UNIT 1: MENTOR – Prior to COVID-19, renovations for Unit 1 were completed. We are excited to announce that Prince has already moved in!
- UNIT 2: YOUTH – Renovations of the youth unit were put on hold with the COVID-19 pandemic. This unit needs mostly cosmetic improvements, plus some HVAC, electrical, and plumbing work.
While we are eager to continue the Lafayette Home project, it is currently paused as we use our time and resources to support the immediate needs of youth impacted by COVID-19. Follow us on social media to stay up-to-date on the progress of this project.