Good day,
As a 40 year financial services industry executive, at this stage of my career, it's very important that I support purposeful work that allows me to leverage my career experience received while with JPMorgan Chase and Wells Fargo where I enjoyed leading their Corporate Responsibility, Community Development and Affordable Housing efforts respectively.
This work excites me, as it allows me to lean in and leverage all that I have in my toolkit to affect a positive trajectory for all especially economically disadvantage segments. The lack of quality affordable housing remains a chronic issue/need and has been for decades.
RCG, LLC is building many of our planned homes leveraging Private Investors, which is how we arrived at this juncture. A confirmed Investor for our first two homes backed out last minute, creating a strain on our business model as we had not planned for this.
We are building/developing on land which has been in my Family for over 129 year's, giving us full site control to develop.
If we are successful in receiving the $500K funding request, it would allow RCG, LLC to;
1.) Create five (5) new job opportunities for qualified staff.
2.) Complete phase one, and move forward with implementing phase two, which is to build 2 - 8 homes
3.) Working capital - support administrative and operational expenses, and
4.) Acquistions & Donated Real Estate
5.) Pre-sell our homes before built, working with the three largest employer's and introduced our product for their respective staff (City has created a $10K incentive for homeownership, down-payment and closing costs).
IGS Panel Homes is RCG, LLCs General Contractor and build partner of record.
Two of seven model homes offered.
https://youtube.com/watch?v=hESSnTXv4qE&feature=shared
https://youtu.be/T7OQS0OZ8tk?si=wlWLYGUA2djA0mbl
Thank you for your serious consideration of our request. I look forward to having good conversations.
Best,
Byron K. Reed, CEO
REED Capital Group, LLC (RCG, LLC)
6275 West Plano Parkway, Suite #5101
Plano, Texas 75093
773-317-7340
https://reedcapitalgrp.com/#
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