Investing in our communities extends beyond empowering resident programs. We also believe in community outreach and support our non-profit GRASP.
GRASP (Gifting Rents and Structuring emPowerment) is a 501(c)3 nonprofit charitable foundation in Denver, Colorado, founded in 2013, created specifically to help low-to-mid-income renters who are struggling to make their rent payments each month. It is our vision to prevent evictions by subsidizing rents for responsible, hard-working tenants who, for whatever temporary reason (raised rent, health/medical issues, reduced income, etc.) cannot quite meet their monthly rent obligation.
GRASP has been a vision-in-the-making for many years of Travis Steffens, owner of R. Investments, LLP, real estate investment company in Denver, Colorado. Through personal day-to-day experience, he has witnessed the devastation on the lives of struggling tenants who have been evicted. And, as an investor himself, he knows well the impact of evictions and vacancies on the owner’s bottom-line. He envisioned a program that would help both sides of the rental-industry coin.
GRASP is registered in the State of Colorado, but the subsidy program is now active in five states, and we anticipate adding more states in the upcoming year. We have also added to our charitable outreach a subsidy program specific to Veterans and an annual Christmas outreach program, Adopt-a-Bear.