Partner Nat Zorach will be presenting a webinar with Housing Action Illinois on June 5th at 10:00 CT on the use of crowdfunding as a community development tool. Exploring the historical origins of crowdfunding and a few different models, most notably the unique Fundrise platform on which The Handbuilt City currently maintains a substantial and growing network, Zorach will go through several individual case studies as well as scenarios in which the funding model could be successfully deployed.
Zorach connected with Housing Action’s Nate Hutcheson and David Young during the polar vortex winter of early 2014 after presenting on Fundrise at Open Gov Civic Hack Night, a weekly Tuesday-night plenary of tech-savvy, civic-minded Chicagoans at 1871 in the Merchandise Mart.
Handbuilt’s team is meanwhile working on putting together a private placement memorandum as the major step forward in developing an investment offering on Fundrise, and we hope to finish this up in July to begin the process of raising money for affordable housing development in Gary.
Register for the webinar here. We’ll see you there!