An organization seeking to provide shelter to Branson’s homeless population has received a significant financial boost for their efforts.
Elevate Branson has been given a $1 million grant through a partnership with Branson Bank to help fund the 48 tiny homes planned for a development.
“This is a critical step in making Elevate Community possible,” Bryan Stallings, the CEO of Elevate Branson, said in a statement. “Not only is this funding essential for the project, but the award of this grant provides our project with credibility, stature, and security. No one needs to wonder any longer if this kind of affordable housing project can happen in Branson. It’s happening.”
Stallings joined with Branson Bank’s President Bill Jones to announced the receipt of the federal home loan grant.
Elevate Branson expects to eventually build 48 tiny homes on the development property. Once the 400 square foot homes are installed in place, they will cost about $400 a month including utilities and trash.
“Affordable housing is a critical element in the pursuit to provide safe, security, and reasonably priced housing for those in need, ” Branson Bank CEO Bill Jones said in a statement. “These efforts are a stepping stone for families to get out of poverty and allow them to establish a better quality of life for the long term.”