Brigade REAP & Habitat for Humanity to Innovate Affordable Housing

Brigade REAP, has announced its ‘Cohort 10’, with a new track on ‘affordable housing’ in partnership with Habitat for Humanity’s Terwilliger Center for Innovation in Shelter. Through the partnership, Brigade REAP and Habitat’

BY Realty Plus
Published - Wednesday, 04 Aug, 2021

Brigade REAP & Habitat for Humanity to Innovate Affordable Housing

Brigade REAP, has announced its ‘Cohort 10’, with a new track on ‘affordable housing’ in partnership with Habitat for Humanity’s Terwilliger Center for Innovation in Shelter. Through the partnership, Brigade REAP and Habitat’s Terwilliger Center will work closely with start-ups to help bridge the gap between innovation in housing and real-world impact. The partnership provides a comprehensive platform for affordable housing start-ups to work with, and benefit from experts in two of the top real estate and housing-focused organizations in the region. The other categories addressed in this cohort are robotics, FinTech, water management, EV infrastructure, retail, construction management and alternate building materials. The startups that make up Cohort 10 are: RecycleX manufactures building material products like bricks, paver blocks, tiles, planters, kerbstones from recycle plastic, industrial and construction debris waste. Homehub Global, technology platform facilitates home construction and mortgages, Favo provides affordable and comprehensive solutions for brick laying and onsite concrete 3D printing, Troncart offers Smart water-metering solution, Charzer is an aggregator of EV charging stations, Litestore is an online platform for listing and booking commercial retail spaces and storefronts - i.e. Storefront-As-A-Service and NAVANC aims to be India’s first property Credit Scorecard enabling financial access to the customers.These start-ups will be part of a program that follows an intensive eighteen-week long cycle to help them unlock value and scale their business. The Terwilliger Center supports innovative pilots, ventures and entrepreneurs, including through its ShelterTech platform, as part of its strategy to develop market-based solutions for affordable housing in India and around the world. “ShelterTech has supported over 60 innovative ventures globally with knowledge, network, connections and capital since 2017. Today, it’s the world’s leading platform for affordable housing innovation” said Lizan Kuster, global lead for ShelterTech. “This is our first collaboration to add affordable housing to a partner accelerator, leveraging ShelterTech’s expertise to support additional entrepreneurs” she added. Habitat for Humanity also invests in promising housing startups through its Shelter Venture Fund; two of the fund’s ten investments to date have been in India.