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Buying a home is a quintessential adult accomplishment. For the students attending Build UP, a non-profit workforce development school in Alabama, the goal of owning a home could come much earlier than for most American grownups.

Launched in 2018,Build UPis a program for low income youth in Birmingham that sees its students through their high school diploma and associate’s degree, while training them for careers in construction and real estate with paid apprenticeships through partnering businesses in the community.

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“The big thing that’s going to shift the wealth equation is when you get somebody out of a rental position and into homeownership, and that’s the goal behind it,” Martin said.

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“For students that have not had much success in the classroom, that can be a real game changer that leads to other momentum in their life,” he added.

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In Martin’s view, that model distributes the responsibility of preparing youth for their careers from teachers alone to a broader range of professional mentors who can help them find their footing.

wires limited (dcg) a good buy now ✌️【Career Goals】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. Students have individualized learning plans to meet their academic requirements, but the school puts a different spin on traditional courses. A class called “geometry in construction,” for example, puts shapes and formulas in context.

“Kids are using tools and two-by-fours in a shop-like setting, learning the skills. Then that afternoon, they might be at a job site, rebuilding a roof truss, which is all about triangles,” Martin said. “Nothing makes learning come more alive than when it’s relevant and applicable.”

Jomaree Davis, 17, a third-year student in the program, enjoys Build UP’s learning style more than that of his previous school.

“I’m a hands-on learner. I just can’t really sit back and just be looking at a board. I have to physically do the work,” Davis said.

Davis will be graduating from Build UP’s high school component in May, and he’s deciding which associate’s degree to pursue in partnership with Build UP.

“I want to tack on something in business because I want to get my MBA. I always wanted to be able to work for myself,” Davis said, adding that he wants to open his own demolition business.

Build UP’s mission is supported by a number of connected non-profit businesses, including a property holding company, Building Urban Prosperity, which acquires land and homes for the program, Martin said.

“Part of our model is we generate revenue above and beyond our costs on certain houses so that we can help support and essentially subsidize the building in lower income areas,” Martin said.

In some cases, the program is involved in moving entire existing homes from plots of land where they would otherwise be demolished, and ferrying them to other locations. Community members can donate homes for this purpose and benefit from tax deductions, Martin explained.

“We’re getting really quality homes and bringing these to low-income areas that otherwise wouldn’t have any hope of rebuilding or building new construction there anytime soon,” he said.

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“Nobody in the country had ever put all these pieces together, especially with the homeownership aspect for younger people to start building wealth and then kind of closing the racial wealth gap,” he said.

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By the time they’re eligible for the loans, a number of students will have already moved into renovated properties as renters, Martin said, in preparation for the responsibility of owning and maintaining their own property. Seven families connected to the program have already done so, and the number will increase to about 10 by the end of the year, Martin estimates.

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“I was born and raised here in Alabama. My children were born and raised here. When I look at it, I think that we’ve lived in the hood for a long time, but this is a way to build community,” Sharon told 【 - Free Best Performing Stock Alerts 】.

“We’re trying to instill into the children that community means coming together in unity. We can do a whole lot – if we have a house on the block, neighbors may get together, we can pool funds and buy that other blighted property down the street,” she said.

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