Dream Builders 4 Equity focuses on making bosses out of local youth
Dream Builders 4 Equity has pioneered a new workforce development model in St. Louis over the past six years.
The nonprofit teaches young people ages 16 to 24 about construction, personal finance and real estate investing so that they can then use those tools to re-invest in their neighborhoods.
“Everything that you see with our organization is really centered by that ownership because we understand that ownership creates a sense of value and pride,” CEO and President Michael Woods said on Tuesday’s St. Louis on the Air.
Dream Builders then takes it a step further, having the trainees apply their newfound knowledge on construction sites. The nonprofit’s goal is to renovate 50 properties in north St. Louis’ Hyde Park neighborhood by 2025. Dream Builders partners with minority contractors to renovate properties and then shares equity with their mentees in the form of scholarships once the properties are sold.
https://news.stlpublicradio.org/show/st-louis-on-the-air/2022-04-19/dream-builders-4-equity-focuses-on-making-bosses-out-of-local-youth