NEWS

Helping Solve the Affordable Housing Crisis by Empowering Churches with Financially Sustainable Solutions:

REITIUM.org Selected for Prestigious REACH Canada 2025 Program as a Leading PropTech Innovator

Vancouver, BC, November 1, 2024 – REITIUM.org, a real estate technology platform, which is transforming underutilized church land into affordable housing and community centers, has been named one of only eight companies accepted into the 2025 REACH Canada program. By empowering churches to leverage their excess land, REITIUM.org is pioneering a financially sustainable approach to affordable housing, while simultaneously preserving churches as essential community pillars.

The REACH Canada program, an initiative of the National Association of Realtors® (N.A.R.), identifies innovative real estate technology companies poised to make industry-wide impacts. REITIUM.org’s inclusion in this prestigious accelerator highlights its role as a leader in faith-based real estate solutions, addressing the housing crisis while fostering financial security for churches across North America.

Transforming Churches into Sustainable Community Anchors

With attendance in decline, many churches face potential closure within the next decade. Through REITIUM.org, churches maintain control of their land and create income-generating assets such as affordable housing, daycares, and community centers. This model not only helps churches achieve long-term financial sustainability but also enables them to provide vital resources for single mothers, young families, seniors, veterans, and new immigrants.

“Our platform allows churches to fund and develop affordable housing without relinquishing ownership of their land,” said Thomas Park, CEO and Co-founder of REITIUM. “It’s a self-sustaining model that empowers churches to serve their communities while remaining financially independent.”

A Significant Market Opportunity

There are approximately 377,000 congregations across the United States and Canada. With 40% of these congregations owning excess land, an estimated 150,800 churches could be developed into community-serving properties. If each of these churches built 40 affordable housing units, this would create 6,032,000 new affordable housing units across North America, addressing a critical need while generating significant economic and social returns.

Innovation for Real-World Impact

REITIUM.org’s platform provides a secure, streamlined way for churches to raise capital and navigate regulatory complexities with ease. Through features like live digital cap tables, KYC/AML compliance, suitability, concentration risk and automated fundraising tools, churches can access donations, grants, debt, and equity financing, transforming vacant land into community-serving assets.

A New Approach to Charitable Giving

High-net-worth individuals, family offices, corporations, DAFs and the community, are invited to support these developments through REITIUM.org’s donation and investment options, benefiting from tax deductions while knowing their contributions help create lasting community infrastructure. Unlike traditional donations, which often require continual fundraising, REITIUM.org’s model is designed to help churches be self-sustaining, allowing donations to yield ongoing financial benefits.

Join the Movement

With affordable housing in crisis, REITIUM.org is reimagining how churches can become financially sustainable and actively contribute to solving the affordable housing crisis. REITIUM.org’s mission is to build a million homes through partnerships with churches, impacting millions of lives. For more information on how churches and organizations can participate in this groundbreaking initiative, visit www.reitium.org or email [email protected]