Start-up launches fund intended to help customers stay in their home amid the outbreak
Real estate start-up Homie has teamed up with Utah-based United Ways to help provide relief for coronavirus-stricken communities in Utah, Arizona, and Southern Nevada.
Through its new Homie Fund, the company aims to commit up to $100,000 to each of these markets where Homie currently operates. The goal would be to help people stay in their homes by providing them with aids for rent, mortgage, and utility bills, according to Homie.
“Now more than ever, we feel that it's so important for families to have a place to call home," said Homie co-founder and CEO Johnny Hanna. “For so many, homes have become workplaces, schools, and shelters to protect us during this pandemic. We are honored to partner with the United Way to help people stay safe and stay home.”
Homie seeded cash donations to grant $500 to each home bought or sold with Homie over the next 90 days, depending on the market.
“We know that the economic impacts of this pandemic are just beginning – and that to get through this, we will have to work together,” said Bill Crim, president and CEO of United Way of Salt Lake. “We're deeply grateful to companies like Homie that have acted so quickly to make sure economically-vulnerable Utahns have the help they need to weather this storm.”
