The Challenge: Working Family Rental Living in America

• The challenge is real: Across the U.S., there needs to be more rental housing.

• Case in point: More than 40% of renters reported spending more than 30% of their income on rent between 2017 and 2021.

• The Department of Housing and Urban Development describes affordable housing as spending “no more than 30% of gross income for housing costs, including utilities.

• Since 1960, a concerning trend: Rents have surged by 61%, while renters' incomes have marginally grown by 5%.

• The economic strain: Renters spend over 30% of their earnings on housing. Add transportation, and the burden rises to a staggering 72%.

• Without intervention, the housing crisis will escalate.

Elevare’s Solution: Revitalizing Communities, Delivering Returns

Elevare is more than a real estate development company—it’s a mission-driven platform committed to transforming distressed neighborhoods into thriving, inclusive communities. Through our Community Revitalization Initiative, we acquire and redevelop underutilized properties in underserved areas, creating high-quality housing and essential neighborhood amenities for working families.

Our Flagship Project
We’ve broken ground on our first development at South Queen Street in Lancaster, Pennsylvania—a transformative project that will deliver 52 affordable rental apartments and a 6,700 sq. ft. Grocery/Convenience Store designed to serve the local community.

Why It Matters
Our projects are strategically located in federally designated Opportunity Zones under the Tax Cuts and Jobs Act (2017), enabling us to deliver measurable community impact while offering significant tax advantages to investors. These include deferred and potentially reduced capital gains taxes, as well as substantial, income-generating real estate assets.

Future Opportunities
Elevare is actively advancing additional impactful projects. In York, Pennsylvania, the historic Union Lutheran Church—donated to Elevare—will be repurposed into affordable housing, preserving community heritage while addressing critical housing needs. Meanwhile, in Carlisle, PA, Elevare has secured 4.4 acres of development land, where we plan to construct 96 affordable apartments and are exploring the addition of a daycare center to support working families. These projects are just the beginning of our expanding portfolio, which aims to revitalize communities across Central Pennsylvania and beyond.

Open to All Qualified Investors
Elevare invites you to become a part of the solution. Together, we can elevate neighborhoods—and create lasting value for both communities and investors.