Land Betterment Corporation Discusses ekō - Its Sustainable Housing Division

Company is transforming former coal mining sites into sustainable housing communities
Jul 9, 2020 9:40 AM ET
Blog

FISHERS, Ind., July 9, 2020 /3BL Media/ - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining and industrial sites to create sustainable community development and job creation, is pleased to discuss its sustainable housing division, ekō, in more detail. 

People in the Central Appalachia and rural Midwest communities are quietly facing the dilemma of a housing crisis. Currently, their choice is to either live in substandard housing, or leave. There is a lack of investment in the region, builders are not entering the market, and there is low supply of rental units which is stressing renters.   Additionally, with the poor quality of the current housing stock, homeowners are getting squeezed from repair costs and high utility bills. 

ekō aims at providing residents with a modern, alternative housing option in the form of container-based, modular housing villages.  Its container-based homes use recycled steel shipping containers as the homes’ main frame, which creates a very safe and durable structure, and are very eco-friendly due to the repurposing of materials, quick construction timing, and much less wasted materials.  Additionally, ekō homes are very energy efficient and have a solar option, which can further reduce the cost of utilities to near zero.  

ekō villages will also help support social equity with access to high-speed internet.  All ekō villages will be configured to support the latest internet technology and act as a rural broadband hub to help spread highspeed bandwidth into rural communities. 

Mark Jensen, Executive Chairman of Land Betterment Corporation commented, “There is a tremendous need for a higher standard and greater variety of housing options in these impacted rural communities.  With manufactured housing currently comprising over 20 percent of the housing stock in rural communities, we believe ekō villages are providing real solutions for the environment and the need to have a home that is sustainable, safe, and that people can truly enjoy and afford to raise a family.”

To view the ekō corporate presentation and to learn more, visit:  https://uploads-ssl.webflow.com/5e737e4890799f5d0568a098/5ee75f01fdc36da4e211205d_Eko_Presentation Public.pdf

For information on Land Betterment’s community-based crowdfunding campaign and to Join the Cause, visit: https://fundopolis.com/raisedetails?id=fade63b4-fb1d-402b-b5ab-eee3d5c961f6 .

About Land Betterment Corporation

Land Betterment Corporation, an Indiana Benefit Corporation and Pending B-Corp, is an environmental solutions company focused on fostering a positive impact through upcycling former coal mining sites to create sustainable community development and job creation.  The Company utilizes a complete solution-based lifecycle program to restore and rehabilitate the environment and revitalize communities in need of change and opportunity. Land Betterment accomplishes this by identifying un-reclaimed, run-down and neglected coal mining sites, fixing the environment through reclamation and remediation, and then repurposing the land to support a sustainable business that serves the community.  Land Betterment firmly believes that with real solutions it is possible for restoration of impacted areas to live side-by-side long term employment, while building sustainable and safe surroundings for communities and our planet.  For more information visit landbetterment.com or connect with the Company on Facebook, Twitter, and LinkedIn.

Special Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company’s actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements.  These statements are subject to a number of risks and uncertainties, many of which are beyond Land Betterment Corporation’s control.  The words “believes”, “may”, “will”, “should”, “would”, “could”, “continue”, “seeks”, “anticipates”, “plans”, “expects”, “intends”, “estimates”, or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.  Any forward-looking statements included in this press release are made only as of the date of this release.  The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances.  The Company cannot assure you that the projected results or events will be achieved.

Company Contact:

Mark LaVerghetta
317.537.0492 ext. 0
Chief Governance Officer, Corporate Finance
info@landbetterment.com

Source:  Land Betterment Corporation