FINANCE
Target Funding: $2.5M
HIVE is seeking capital partners to accelerate the future of attainable middle housing. Together with the Missing Middle Housing Fund and breakthrough housing innovators, we are delivering a new model for community development. $2.5M in financing will enable the off-site manufacturing and construction of 10 next-generation homes.
FINANCING OPTIONS
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Construction/manufacturing
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Private or commercial
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Loan guarantees
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One time or revolving line of credit
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One time project financing
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Finance builders or their buyers
TERMS
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$225-$300k per home
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Loan term is 8-10 months
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Secured 1st position
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Low loan to cost
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Loan funding in 60 days or less
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Repaid upon sale of home
The HIVE project will be constructed by five innovation companies that feature off-site construction utilizing the following technologies:
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Mass plywood modular construction
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Cross laminated timber kit-of-parts
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Non-combustible steel framed modular construction
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Carbon negative concrete blocks optimized for drone assembly
Your investment goes directly into getting attainable middle-income homes built with full visibility into the project, the builders, and the mission behind it.
