Imagine what it would take to transform a dilapidated, vacant hotel into affordable workforce housing for those in need. For the past few years, Maxwell Drever has been converting a derelict hotel into a supportive living space for the homeless and low-income residents. The dying hotel market is also seeing some improvements as hotels struggling to make a living are now convert into affordable workforce housing projects. Maxwell and his team are devoted to this more significant cause of ensuring shelter for everyone with affordable workforce housing.
Finding Suitable Hotels For Conversion
The first step is to find a suitable hotel approved for conversion into workforce housing. In addition, the hotels must be in a rundown condition and within the vicinity of the needy population. Maxwell Drever and a team of other volunteers are often on the streets. Searching for various hotels that are no longer profitable.
Working With Resourceful People
Maxwell Drever works with resourceful people who help him identify needy populations and get them involved in workforce housing projects. These people also help find suitable properties where Maxwell can begin his transformation process. Next, people with better minds at designing such places are drafting a working strategy for this process. The next step is to understand local regulations related to workforce housing initiatives and zoning issues. Maxwell Drever and his team also ensure that they do not infringe on private property.
Developing A Financial Model
Then they move forward with developing a financial model and a great deal of budget. To ensure that the project is operational and not put at risk due to insufficient funding or bad management plans. His financial model also ensures that the hotel gets all its rentals for two years. To stay afloat during this period.
Modifying The Building
They work to modify the building according to the initial plan. The conversion includes adding new windows and additional single rooms. He also makes sure that all the necessary materials for a safe living condition are in place. A team of experts drafts a plan for making all the suitable changes. After the project is approve, they move forward with the construction process. After the construction process is finish, they ensure all the essentials of daily requirements.
Ensuring A Peaceful Environment
The team of experts with Maxwell Drever ensures a peaceful environment in the hotel. So that its occupants do not feel threatened or uncomfortable while they stay there. He also ensures that they receive services like medical checkups and counseling. At no charge to help them get back on their feet again.
Maxwell Drever and his team are commit to the more significant cause. Providing affordable workforce housing for the needy according to their needs. Also, Maxwell Drever found that these hotels could provide shelter for low-income people and homeless people. If specific changes were made to their structures. Maxwell developed a unique financial model that ensures the hotel gets all its rentals. For two years during the construction period to stay afloat.