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featured innovator

Maya Porter

Growth Spots International, Inc.

Louisville, Kentucky

Buying Back Our Communities

Summary

Growth Spots International, Inc. purchases properties in low-income communities to transfer ownership to people who reside/invest in the community and provides property management to new homeowners.

Description

The impact of this innovation is promoting homeownership and community investment for revitalization through education and support services while supporting new homeowners and promoting generational wealth building.

Lease Purchase homeownership transforms renters into homeowners by allowing renters to work on improving finances like credit and savings for down payment, inspection, and closing costs at the same time that 100% of their rents go towards purchase price. Growth Spots International includes the added security of cost-effective property management services and support to help home-ownership improve financial well-being.

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