In class, we watched a video from the Company New Story. They are a non-profit company who has many donors through Praxis to help communities fight homelessness. Their website says that they have donors called The Builders who pay for the operational expenses, so they can continue to serve and build houses. What makes them different from other house-building companies is that they are 3D printed homes, which is not as expensive as creating a normal home. Instead, they can create a home in 24 hours and receieve feedback from the new home-owners to improve the others houses they have yet to build. Another interesting aspect with New Story is that they ask before they build homes to hear peoples stories and to make sure that a family’s home to be safe. These houses are 500 square feet, have 2 bed, and 1 bath. These homes are built for people who live off of less than $3 a day.
This redemptive business started when the founder went to Haiti and saw the living conditions families were living in. Homes were tents that had rips in them and people were forgotten about. The non-profit business started with 3 founders. They started a website that showed donors exactly what their investments were being used for. In 2015, they were accepted into Y-Combinator, which had a 1.5% acceptance rate. They were challenged to do 100 houses in 100 days, and went above and beyond with 113 homes. In four years, they build 3D house communities in El Salvador, Haiti, Bolivia, and Mexico. They built 16 transformative communities and impacted over 10,000 people. In 2017, they started creating 3D homes for families. By 2030, their goal is to house 1 million people, doing whatever it takes. This company is very innovative and is inspiring to see how many lives they are changing through technology, all around the world.
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