Elevate Branson announces it’s selection to receive a $1,000,000 grant from the Federal Home Loan Bank of Des Moines through the Competitive Affordable Housing Program for the development of Elevate Community. Branson Bank partnered with the organization, working for many months to make this funding possible. The Affordable Housing Program funds organizations working to provide affordable housing options in their communities. With 48 tiny homes planned for Branson, Elevate Community is one of the largest permanent tiny home developments in the country.
“This is a critical step in making Elevate Community possible,” explains Bryan Stallings, co-founder of Elevate Branson with his wife Amy. “Not only is this funding essential for the project, but the award of this grant provides our project with credibility, stature, and security. No one needs to wonder any longer if this kind of affordable housing project can happen in Branson. It’s happening.”
Elevate Community is a tiny home development providing a solution to sub-standard, inadequate motel living in the Branson area. This efficient and attractive housing provides a fresh, safe and positive sense of community with a philosophy of work, demonstrated by the micro-businesses, job training, and mentorship opportunities available within Elevate Community. A secure living environment with dignified work also provides relationships, friendships, neighbors, and the mental and emotional support individuals need to reach their full potential.
“Partnering with Elevate Branson to bring $1M from government grants to Taney County, we know this will empower our neighbors and improve our community as a whole,” said Bill Jones, President and CEO at Branson Bank. “Affordable housing is a critical element in the pursuit to provide safe, secure, and reasonably priced housing for those in need. These efforts are a steppingstone for families to get out of poverty and allow them to establish a better quality of life for the long term.”
The Affordable Housing Program encourages collaboration between financial institutions and housing organizations to create affordable housing solutions for families in need.