Program areas at Lacasa
Asset and property management: manages leasing and maintenance for all lacasa-owned rental property and provides safe, attractive and affordable housing to low- and moderate-income families. As of the end of 2022, Lacasa owned and managed 344 rental units located in the cities of Goshen and elkhart, Indiana. During 2022, Lacasa completed an 8-unit, 4 duplex (one historic rehab and 3 new construction) project in a historic arts district neighborhood near downtown elkhart.
Financial empowerment center: works with low- and moderate-income families and community partners to prepare for, provide and maintain homeownership. In 2020, Lacasa redesigned and repackaged its financial training curriculum under the "master it" umbrella with master your money, master homeownership, master your debt, and master your credit. These classes were also reformatted for delivery in a virtual environment in response to the pandemic. In 2022, these classes graduated 149, 110, 32, and 93, respectively. Lacasa offers individual development savings accounts used for homeownership, secondary education, transportation needs or to start a business. In 2022, 18 homeownership class graduates purchased homes. Lacasa also offers one-on-one individual counseling for pre- and post-purchase.
Real estate development: manages the acquisition of property, rehabilitation and/or construction of housing for re-sale to homebuyers or for long term rental management. During 2022, Lacasa completed construction on 4 duplexes in elkhart and began rehabilitation of 7 single family units in Goshen, 4 of which are historic. Lacasa completed and sold its third new construction, for-sale home in a pilot program to assess the use of modular housing to revitalize aging and underserved neighborhoods with new owner-occupied housing. Lacasa began construction of 8 for-sale homes as part of a program designed to improve the quality of existing housing stock while benefiting low-income households. Finally, as part of Lacasa's help-a-house program, 4 owner-occupied homes were rehabilitated.
Community building & engagement: empowers neighbors to organize and reverse trends that cause neighborhoods to deteriorate and experience social and financial disinvestment. Community building and engagement provides education and encourages neighborhood residents to collaborate with Lacasa and city/county officials in making decisions that affect their neighborhoods. Lacasa's goal is that neighborhoods selected for development become safe and attractive places where families choose to invest their time, money and other resources. In 2022, Lacasa continued its historical work with multiple neighborhoods in Goshen and with the tolson neighborhood in south-central elkhart.