Simply Homes nabs $22M, leverages AI to tackle affordable housing crisis

December 7, 2023

, By Team SNFYI

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The United States has long had an affordable housing crisis, but it’s been exacerbated as of late by a surge in mortgage interest rates and low inventory. The problem is especially acute for lower-income families. One Portland, Maine-based startup is out to help address the problem by buying single-family homes in blighted neighborhoods, renovating them […]

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The United States has long had an affordable housing crisis, but it’s been exacerbated as of late by a surge in mortgage interest rates and low inventory. The problem is especially acute for lower-income families. One Portland, Maine-based startup is out to help address the problem by buying single-family homes in blighted neighborhoods, renovating them
© 2023 TechCrunch. All rights reserved. For personal use only.

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Simply Homes nabs $22M, leverages AI to tackle affordable housing crisis

December 7, 2023

, By Team SNFYI

The United States has long had an affordable housing crisis, but it’s been exacerbated as of late by a surge in mortgage interest rates and low inventory. The problem is especially acute for lower-income families. One Portland, Maine-based startup is out to help address the problem by buying single-family homes in blighted neighborhoods, renovating them […]

© 2023 TechCrunch. All rights reserved. For personal use only.

The United States has long had an affordable housing crisis, but it’s been exacerbated as of late by a surge in mortgage interest rates and low inventory. The problem is especially acute for lower-income families. One Portland, Maine-based startup is out to help address the problem by buying single-family homes in blighted neighborhoods, renovating them
© 2023 TechCrunch. All rights reserved. For personal use only.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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