Residential / housing capital
Use the strongest regulated housing structures that support the residential component while advancing dignity, voluntariness, stable housing, and meaningful capability-building.
Capital follows mission
The capital strategy gives housing programs, lenders, property partners, grants, investors, employers, and community partners a clear role while the mission remains the center of the development.
Phase 1 planning basis
The current Phase 1 planning target is approximately $22 million for a roughly 40,000-gross-square-foot, two-floor development with about 32 private resident rooms, a public learning/employment/resource level, site and utility work, furnishings and equipment, contingency, diligence, professional design, and acquisition allowance. Professional pricing, site selection, and financing design will continue refining the final development basis.
Use the strongest regulated housing structures that support the residential component while advancing dignity, voluntariness, stable housing, and meaningful capability-building.
Economic development, workforce, local public, philanthropic, employer, and community resources can support learning, technology, public resources, workshops, employment pathways, and productive infrastructure.
Mission-aligned debt, CDFI/private capital, sponsor resources, and site-control structures can advance acquisition, diligence, professional design, approvals, environmental work, and permanent financing readiness.
Lawful recurring revenue, housing support where applicable, partner reimbursements, enterprise activity, service relationships, and voluntary contribution can support durable operations after construction.
Mourning Stars can combine multiple capital sources around defined uses instead of asking one program to finance every function. Housing capital can support housing, economic-development resources can support capability infrastructure, predevelopment capital can move the site and design forward, and recurring operating sources can sustain the completed node.