Social & economic sustainability
At Logica, we recognize the intricate balance between fostering economic growth and ensuring social sustainability, especially in the realm of housing for low-income households. Our Social and Economic Sustainability service is designed to navigate this delicate equilibrium, aiming to enhance living conditions while maintaining affordability. By partnering with housing authorities, Logica commits to making meaningful improvements to properties, thereby enriching communities and supporting residents. This initiative not only upgrades the quality of housing but also contributes to the broader goal of sustainable development, aligning with our vision of creating a more equitable future for all.
Sustainability process
Assessment and planning
Initially, Logica collaborates with local housing authorities to identify properties that are prime candidates for improvement. This stage involves a comprehensive evaluation of the property’s current condition, potential for enhancement, and the specific needs of its residents.
Investment strategy formulation
Once a property is selected, Logica devises a tailored investment strategy. This plan outlines the scope of renovations and upgrades, projected costs, and the expected impact on rent prices. The strategy aims to ensure that improvements lead to tangible benefits for residents while keeping rent increases manageable.
Renovation and upgrades
With a clear strategy in place, Logica executes the planned renovations, focusing on both the aesthetics and functionality of the property. Upgrades may include modernizing facilities, improving energy efficiency, and enhancing safety features, all designed to boost the quality of life for residents.
Support and transition
To address the potential impact of rent increases, Logica works closely with housing authorities to implement support mechanisms for low-income households. This includes assistance programs, phased rent adjustments, and community engagement initiatives to ease the transition and maintain affordability.
Our process
- Evaluate delinquent tenants situation
- Identify good-responsible people
- Tailor a plan that fit their possibilities
- Actively engage rent-funding agencies
Our partners
- Volunteers of America (FL)
- Our Florida (FL)
- Houston Housing Authority (TX)
- Montrose Center (TX)
- Gulf Coast CSA (TX)
- Spring Branch (TX)
- Brentwood Foundation (TX)
- Catholic Charities of Galveston (TX)
- San Antonio Housing Authority (TX)
- Workforce Solutions (TX)
- Haven for Hope (TX)
- Chicago Housing Authority (IL)
- Catholic Charities (IL)
- Thresholds (IL)
- Chicago Low Income Housing Trust Fund (IL)
- Heartland Alliance (IL)
- Northside Housing (IL)
- Inspiration Cafe (IL)
- All Chicago (IL)
Real Life Experiences
Josie (Tenant)
In debt when Logica took over. Single mother of a disabled child. Our team designed a tailored payment plan along with NGO assistance.
Charlotte (Tenant)
Eviction filed when Logica took over. Household of a family who lost work due to COVID. Logica worked closely with her to catch up on rent.
Andrea (Tenant)
Disabled tenant unable to pay on-time. Logica worked with the housing authority to enroll her on a Sec8 program and lower her rent portion.
Mondward (Tenant)
Oncologic patient, unable to continue working. Logica connected her case to cancer foundations to assist her with rent payments.
Nationwide socially responsible owner operator
In Central and South Florida, Logica is pioneering efforts to transform housing solutions for low-income households through our Social and Economic Sustainability service. Our targeted approach in areas such as Miami, Orlando, Tampa, and Fort Lauderdale ensures that we can make a significant impact where it’s needed most. By enhancing the quality of housing while working closely with local housing authorities, Logica is dedicated to creating sustainable, vibrant communities across these regions. Join us in our mission to invest in properties that not only improve living standards but also foster economic growth and social equity in the heart of Florida.
