New Story
New Story, formerly known as New Story Charity, is a non-profit organization based in Atlanta, GA, that focuses on empowering vulnerable families in Latin America to become land and homeowners through innovative construction technologies like 3D printing.
Company History
New Story, formerly known as New Story Charity, is a real estate and construction company that began operations with a focus on empowering vulnerable families. Since its inception, the company has been part of the Y-Combinator S15 batch. New Story emphasizes providing land and housing solutions through market-based approaches.
Services Offered by New Story
New Story offers several services aimed at facilitating homeownership for low-income households. The company provides innovative housing solutions, including the use of 3D printing to reduce construction costs and time. They enable families to access land and housing credit through financially sustainable models. Their operations are supported by a 100% Promise, ensuring all public donations go directly towards housing projects.
Innovative Solutions in Real Estate and Construction
New Story utilizes cutting-edge technology like 3D printing in their construction processes to enhance efficiency and reduce costs. By integrating such innovations, they aim to make housing more affordable for low-income families. The focus on technology-driven solutions sets them apart in the real estate and construction industry.
Regional Focus and Partnerships
New Story primarily operates in Latin America, with key projects in Mexico and the USA. They engage local experts and organizations to co-develop housing solutions tailored to regional needs. By partnering with local labor and material suppliers, New Story supports the local economy while implementing their housing projects.
Financial Transparency and Donation Models
New Story maintains high standards of financial transparency. They provide access to IRS 990 forms, independent audits, and annual reports. Donations can be made in various formats, including cryptocurrencies, stock, wire transfers, and checks. The company's 100% Promise ensures that all public donations are exclusively used for housing projects, with operational costs covered by a group of donors known as The Builders.