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Travois celebrates 20 years of service and a $1 billion impact in Native communities
Anniversary campaign to highlight client and partner successes
Since Travois’ beginnings in 1995, Native organizations have worked with Travois to create a $1 billion impact using two federal tax credit programs: the Low Income Housing Tax Credit (LIHTC) program to build or rehabilitate safe, affordable housing and the New Markets Tax Credit (NMTC) program to develop businesses, infrastructure and new services. Before Travois started, very few tribes knew about the opportunities for development with these programs, and now, for Travois and its partners, 20 years equals more than 180 LIHTC and NMTC projects in 20 states with 79 Native organizations, 4,621 new or rehabilitated homes, over 14,140 people living in safe, affordable housing, and 20 job-creating businesses.
“Travois is a family business,” said David Bland, chairman and CEO of Travois. “And families are the best way to measure the meaning of the billion-dollar milestone we have reached together. Today, 1,758 families have the opportunity to own their own home because of the LIHTC program. Through the investments we have made together, another 3,059 families have benefited because a parent, sibling or grandparent got a quality job from these developments.”
These numbers don’t tell the personal stories of what homes and jobs mean in Native communities. Travois shares stories on its website through interviews with people who have benefited: a child in Arizona now has his own bedroom, free from insects, and enjoys the warmth of his new home (http://travois.com/
Travois will be carrying the #20YearsEquals campaign throughout the year and encourages its partners to participate. Lance Morgan, president and CEO of Ho-Chunk Inc., has already joined the conversation. Ho-Chunk Inc. was launched in 1994 and is the economic development arm of the Winnebago Tribe of Nebraska. Today, it employs 1,200 people across the United States and in four foreign countries. For Lance and Ho-Chunk, #20YearsEquals $270 million in revenue, 1,200 employees, 115 new housing units, and a whole generation of growth and pride in the community.
View Lance’s video and 20th anniversary details on the company’s website: www.travois.com/
Founded in 1995, Travois is a mission-driven consulting firm focused exclusively on promoting housing and economic development for American Indian, Alaska Native and Native Hawaiian communities. This year marks 20 years of service and $1 billion impact in Native communities with the Low Income Housing Tax Credit (LIHTC) program and the New Markets Tax Credit (NMTC) program. Join the celebration and conversation on social media with #20YearsEquals. With over 180 housing and economic development projects, Travois has brought more than $550 million in private investor equity to Indian Country, helping to build or rehabilitate more than 4,600 homes and helping to finance critical economic development projects, including infrastructure, health care, community centers, education facilities and other businesses. In addition to development services, the Travois family of companies offers architectural design and construction monitoring services, environmental assessments, consulting on green energy improvements, asset management services and comprehensive training to clients in 20 states, from Hawaii and Alaska to Maine. For more information, please visit www.travois.com or find Travois on Facebook, Twitter, LinkedIn, YouTube, Pinterest, Instagram or on the company blog.