The Supportive Housing Cookbook is the work of a fellow who, with modest funding from the Alaska Mental Health Trust Authority, researched ways to provide decent, affordable, self-sustaining housing for those in recovery.
The Cookbook shows how Investors can partner with agencies or non-profit organizations to buy or build a better-than-average house to create a small-scale real estate investment that can provide a home for recovering alcoholics or others. Create a symbiotic relationship; the investor wants people to live in the house and pay rent, the agency serves hundreds of people who need a temporary place to stay (say 3 to 15 months), and by creating a public-private partnership, the "Pie" gets bigger and everyone gets what they want - a lot of pie (or, in this case, housing for people with special needs).
And the houses? Good ones, well-located, with perhaps 5 bedrooms, 3 and 1/2 baths, double garage in a good residential neighborhood. Check out this cookbook -- it's intended to guide you and others into creating a bunch of opportunities -- for people in recovery, for agencies and non-profits, for investors and developers.
In the words of one critic: "This solution is elegant in its simplicity." - Jim Gottstein


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