Foreign Property News | Posted by Shwe Zin Win
After selling his company for eight figures to a competitor, one Canadian entrepreneur is using his profit to build a community of tiny homes for those who need it most.
In the New Brunswick city of Fredericton, his factory is now churning out 1 tiny home every 4 business days in a bid to create the 12 Neighbours gated community of 99 homes and an enterprise center to give homeless Frederictonians a real second chance.
12 Neighbours founder Marcel LeBrun had a successful social media monitoring company which he sold to an American competitor, and is now putting his new money where his mouth was—every time he used to say something needed to be done about the homelessness problem in the city.
Around 1,600 people in New Brunswick found themselves homeless for at least a day last year, reported CBC.
(Marcel LeBrun began the Canadian 12 Neighbours Community in 2021 with a clear goal in mind, 99 homes in one space.Credit: Global News)
(Samantha Seymour has lived in the community for over a year and uses the services there, even running the screen printing shop.Credit: Global News)
On nearly 60 acres of land, LeBrun now has 70 homes built at a rate of one home up and ready every four business days.
They have received $12million in funding from New Brunswick and are continuing to grow with their residents paying no more the 30% of their income on rent.
Samantha Seymour had been living at a shelter before finding her way to 12 Neighbours.
He has invested $4 million dollars of his own money on the project to build 99 homes, and he’s currently three-quarters of the way there.
With grants and support from the provincial and national government, the 12 Neighbours community has received $12 million in total.
The tiny tomes have everything: a full-service kitchen, living and bedroom areas, and a full bathroom.
They each have a small deck, solar panels on the roofs, and an aesthetically pleasing coat of paint.
Ref: Millionaire Builds 99 Tiny Homes to Cut Homelessness in His Community–He Even Provides Jobs On Site for Them (goodnewsnetwork)