In this episode of the Homefullness Show, Dionne Payne, founder of Women for Homes, discusses her ambitious mission to inspire 1 million women to invest $5,000 each to end homelessness by 2030. She is inviting women to contribute to an ethical investment fund that will, when a substantial amount is accumulated, will develop affordable housing projects.
We discuss what "affordable" means in this context, which is 30% of a homeowner or renter's income, and how to create perpetual, retained, intergenerational affordability.
Dionne shares her journey from a scientist to a real estate developer, impact investor for affordable housing, and financial educator for women, driven by her concern for the growing numbers of older women becoming homeless due to unforeseen circumstances (such as relationship break-up or low savings due to under-earning over a lifetime.)
She speaks of her development of affordable units in Australia, which worked with a tenure-blind model (where residents don't know who has subsidised housing).
She is inspired by the One Planet Living framework which guides sustainable housing and neighbourhood development.
Dionne provides insights into financial empowerment, including the importance of community and diverse investment strategies, and offers her Amazon bestseller book, 'Ethical Property Investing', for free download to interested listeners.
Visit
WomenForHomes.com and connect with Dionne on
LinkedIn. Tune in for a conversation filled with actionable steps towards creating more inclusive and affordable housing solutions.
RELEVANT LINKS:
Common Ground
Women Revolution in Housing
BOOKS MENTIONED ON THE EPISODE:
Ethical Property Investing
TIME STAMPS:
00:00 Introduction and Guest Welcome
01:10 Understanding Homefullness
01:54 Exploring Regenerative Housing
07:00 Affordable Housing Challenges
11:58 Community Engagement in Development
25:16 Personal Journey into Property Development
31:30 The Beginning of a Journey
32:31 Understanding Women's Financial Challenges
33:41 The Financially Empowered Women Podcast
35:06 Building the Women for Homes Fund
38:37 Personal Reflections on Homelessness
45:38 The Importance of Community and Support
51:55 Creative Outlets and Personal Growth
54:33 Final Thoughts and Resources