GENEROUS GIFT
Business for Good Foundation, Shelters of Saratoga team up to expand affordable housing
SARATOGA SPRINGS, N.Y. >> Shelters of Saratoga and the Business for Good Foundation are teaming up to expand affordable housing in the Spa City.
The two organizations announced this partnership on Tuesday, sharing that the effort will provide affordable apartments with support services to low-income residents.
The Saratoga Springsbased Business for Good Foundation has gifted Shelters of Saratoga with the long-term use of the building at 1 Franklin Square in Saratoga Springs to build the availability of supportive and affordable housing in the city.
“The gift works to fill the community need for affordable apartments
with supportive care,” said Duane J. Vaughn, executive director at Shelters of Saratoga, in a press release. “Access to health care, food, employment, and community services promotes self-sufficiency and stable housing.”
Known for their continued charitable giving in the Saratoga community, Ed and Lisa Mitzen formed Business for Good in 2020 with a vision to invest in people to build better businesses, stronger communities and a more equitable world.
“With a shared mission to fight housing instability in Saratoga Springs, Business for Good is honored to support Shelters of Saratoga in its effort to make an even greater impact in the
community for those in
need,” said Jahkeen Hoke, Business for Good chief executive officer, in the release.
Shelters of Saratoga, which has been providing services to the Saratoga community for 30 years, currently operates 11 affordable apartment units with support services for 16 residents in downtown Saratoga Springs.
The agency recently purchased the former Spa Motel on Ballston Avenue in
Saratoga Springs. The nineunit motel will open as part of the supportive housing program in 2023.
More information about Shelters of Saratoga — which has a mission to transform the lives of its neighbors facing homelessness with supportive services, safe shelter, and a path to independence — is available online at www.sheltersofsaratoga.org. Additional information about The Business for Good Foundation and its initiatives can be found online at www.businessforgood.org.