"The Foundation and Builder's Exchange have been in negotiations for several months. There has been a purchase agreement and price agreed upon by both parties; we are waiting signatures on the purchase agreement, " said Mr. Tyson.
"We are in the process of raising money. We have a period of time before Builder's Exchange vacates the building."
The cost of purchasing the building is $350,000 and there will be some renovation costs.
Originally, the Foundation was looking for the building to be used only for transitional housing. As the Foundation and Betty got further along in the process, they decide to use the second floor for transitional housing, which should accommodate 14 families. The first floor will be used for a similar program that Catholic Charities does in Santa Rosa called the Nightingale program. Homless patients that are discharged from the hospital have a place to recover and rehabilitate.
Oct 26, 2015
Help Betty Chinn in her effort to house 14 families
Betty Chinn plans to purchase the building next to her Betty Kwan Chinn Day Center to offer transitional housing for 14 families. Funds need to be raised, future fundraiser planned. More details will be available later.
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