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 2023, Lacasa owned and managed 357 rental units located in the cities of Goshen and elkhart, Indiana. During 2023, Lacasa completed rehabilitation of 7 single family units in Goshen, 4 of which are historic.
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 2023, these classes graduated 154, 140, 83, and 132, respectively. Lacasa offers individual development savings accounts used for homeownership, secondary education, transportation needs or to start a business. In 2023, 20 people received counseling from a hud certified housing counselor and successfully purchased homes. Including those who received financial coaching, 27 people reached financial milestones and made major asset purchases. 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 2023, Lacasa completed rehabilitation of 7 single family units in Goshen. Lacasa completed construction and sold 8 for-sale homes as part of a program designed to improve the quality of existing housing stock while benefiting low-income households. Additionally, Lacasa began construction on an 8-unit new building and 6-unit rehabilitation in elkhart and a 4-unit rehabilitation in Goshen. Finally, as part of Lacasa's help-a-house program, 2 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 2023, Lacasa continued its historical work with multiple neighborhoods in Goshen and with the tolson neighborhood in south-central elkhart.