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What if addressing the problem of homelessness was not only a moral necessity but the most financially efficient choice? Sibley Simon is the President of New Way Homes, a nonprofit operating an Impact Investment Fund to develop workforce opportunities and affordable housing.
Sibley shares his journey to advocating for and solving the problem of affordable housing. He unpacks his approach to finding investment and partnership for affordable housing and offers an insight into what the possibilities for sustainable development are in housing. He touches on key policies influencing this arena today, with a focus on the three separate housing crises.
We explore the limitations of the current options available for addressing homelessness and housing, which sectors require greater support, and how listeners can get involved in providing solutions for this ongoing issue. Join us for an in-depth look at the vision behind New Way Homes and Sibley’s work toward building an equitable, livable future for all.
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Key Points From This Episode:
Background on Social Entrepreneur Sibley Simon and how he is working to solve the problem of homelessness. [0:00:32]
Addressing different income levels associated with housing needs. [0:05:50]
Investment and partnership for affordable housing. [0:10:50]
Finding an appropriate approach to equity and investment. [0:14:36]
Possibilities for sustainable development in affordable housing through a single system approach. [0:21:10]
Policy change that is top of mind for Sibley at the moment. [0:25:53]
The three separate housing crises that are faced today. [0:27:37]
Addressing the problem of single-family housing and fixing the funding system. [0:33:35]
Why it is so important to prioritize a strategic approach to housing problems today. [0:36:57]
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Quotes:
“We love spending some of our time on policy and advocacy because that really helps move the needle and opens up possibilities for us.” — Sibley Simon [0:23:21]
“I encourage everybody, however with a light touch or a heavy touch to get involved with a YIMBY Organization in your area.” — Sibley Simon [0:25:56]
“It is a financially efficient thing to do in our country as well as the moral thing to do is to help deal with homelessness and mental health.” — Sibley Simon [0:28:19]
“Housing has been a topic of racial discrimination much greater than most other topics.” — Sibley Simon [0:28:28]
“I’m a big fan of putting your money where your values are.” — Sibley Simon [0:43:43]
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Links Mentioned in Today’s Episode:
Sibley Simon on LinkedIn — https://www.linkedin.com/in/sibleyverbeck/
New Way Homes — https://www.newwayhomes.org/
Housing Matters — https://housingmatterssc.org/
Workbench — https://www.workbenchltd.co.uk/
YIMBY — https://new.yimbyaction.org/
EquityVest — https://equityvest.org/
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