Capital Aggregation Mobilizes $8 Million Investment for MyStrongHome
May 31, 2017
Yesterday we announced the closing of an $8 million investment in MyStrongHome, a unique construction company with a mission to protect homes and communities that are vulnerable to climate change effects along the U.S. south coast. The investment brings together capital from MetLife, Pi Investments, and the Libra Foundation, in a deal structured through our Capital Aggregation service and guaranteed by the MacArthur Foundation. The investment will enable MyStrongHome to serve its first 1,000 homeowners and prove their model in order to scale and meet the needs of more than 1.6 million homes across six coastal states.
Read more in the press release.