Organizational Content for Professional Practice
Dear Sir,
Re: Request for Funding for the Building Solid Foundation Agency
Building solid foundations is pleased to present this proposal for your review. The Foundation wishes to convey the sincere request for the funding of our case management services to cater for the provision of subsidized rental homes for low-income families. The low-income individuals and families who will benefit from the program proposed in the attached proposal are currently living in homeless shelters. The plan will outline a case management program to help these underprivileged individuals and families get decent and housing. The program will also provide other services and skills such as resume writing skills, referrals to job training, and financial management alongside budgeting skills.
Building Solid Foundation has worked with other organizations in the past to provide these services in other areas of the country. The Foundation embarked on an expansion phase recently, and the extension plan covers the provision of similar functions as the ones described above to other regions in the country. This expansion is the main driving force towards the request for additional funds from your organization. The proposal attached to the cover letter outlines some of the new programs and target demographics in the new expansion scheme. We are hopeful that you will regard the project with the merit and promise it holds. . Don't use plagiarised sources.Get your custom essay just from $11/page
Our previous programs have elicited remarkable success, and our last benefactors already pledge funding for those programs. This new phase will impact your region of domicile more profoundly that our other projects. Since your company is the largest real estate organization in the area, and our project integrates seamlessly with your low-cost development plan, we thought it prudent to propose a mutually beneficial arrangement through this new expansion plan. Our initial budget for the first phase of the program is $800,000. We appreciate the interest shown by your organization, as was demonstrated by the representatives sent by you to our offices.
As the managing director of the Building Solid Foundation, I wish to convey my gratitude in advance for the consideration you have granted this organization. My contact information is xxx-xxx-xxx XXXX if you want to contact me for more details.
Thank You
[Author Name]
Managing Director
Building Solid Foundations
[Address]
Proposal
Abstract
The Building Solid Foundation is a human service agency that creates initiatives aimed at providing low-cost rental housing and subsidies for low-income individuals and families in different regions of the United States (US). This proposal is aimed at outlining the expansion process for the Foundation to increase the number of individuals and families benefitting from this program. The plan is attached alongside a cover letter to the managing director of the organization that will provide funding for this new phase. The expansion will involve the addition of new housing units and the recruitment of new members from the homeless shelters who will benefit from the scheme. The cover letter presents a proposal for funding from the organization to the tune of $50,000.
Introduction
The Building Solid Foundations initiative is expanding to new regions in the US after the initial success of the pilot project conducted in New York. The expansion will be undertaken in phases, with the first phase being in Chicago, Illinois. This proposal is attached alongside a cover letter to the managing director of the top real estate company (can be specific with the name here) in Chicago. The cover letter presents the request for funding from these prospective new partners, who will provide the support hopefully after seeing our track record. The organization was chosen after a brief initial meeting with representatives from the company. The representatives conducted a comparison of objectives between the two organizations. The expansion aims to increase the reach of our organizations. The development will also provide more subsidies for families without shelter. This goal is aligned to some extent with our prospective partner’s expansion and the diversification of their portfolio, making them the most convenient partners in this venture. This proposal outlines all the reasons why the organization should invest in our project by outlining all the significant points.
Statement of Need
Building Solid Foundation initiative currently serves 300 families in the New York area through the initial phase of the project that was completed a year ago. This initial phase was so successful that it necessitated the expansion of the project after an initial approach by multiple organizations willing to partner. Our organization is based on the belief that the provision of housing subsidies for low-income families helps create a more productive society, alleviating most of the social ailments in the community. The initiative provides opportunities to individuals and families without access to these opportunities due to circumstances beyond their control. It is, therefore, prudent to create similar opportunities for low-income individuals in Illinois as we did for those in New York.
Program Description
The expansion initiative outlined in this proposal is aimed at providing rental subsidies to low-income families in Illinois. The model for this project will be similar to the model utilized in New York, where our successful pilot program was launched a few years ago. Since the completion of the pilot program, a little over a year ago, the initiative has reached over 250 individuals and provides subsidized rental housing for over 100 families. All the beneficiaries of the project were formerly homeless individuals who learned the skills provided alongside the housing project and gained employment to sustain themselves. The program, therefore, employs a two-pronged approach to empowering these homeless individuals by providing low-cost housing and the skills to gain employment and support their families. This section outlines the program details in more depth and discusses the benefits the program will have on the City of Chicago and our partners.
Building Solid Foundations is committed to ensuring the project proposed in this document takes a maximum of one and a half years to complete. The initial stage was granted permission by the Ministry of Labour and the Coalition of the Homeless. Official documentation for these permissions is available upon request. The project will include the construction of low-rent flats in the outskirts of Chicago. This decision is aimed at reducing the cost associated with the acquisition of land in the City. These flats will cost roughly $100,000 each. We estimate that the property will cost $200,000, and the remaining budget will be used in the construction of three flats, each containing thirty rental units. The total cost of land and building is estimated to be $500,000. Modern construction techniques indicate that a regular apartment in Chicago can go up in ninety days (three months). In this proposal, we estimate that the construction of the flats will take six months, with the development of the three apartments occurring concurrently. We allocated the overhead to cater for any mishaps or delays that might occur during or materials acquisition.
The remaining $300,000 will be used in the execution of the case management services outlined in the cover letter. These services include referrals to job training, resume writing skills, financial management, and budgeting skills, and linkage to reliable community resources. This process requires a staff of ten qualified employees, two from each of the four disciplines, and two experienced financial managers to educate the clients on the best practices to save money. Luckily, we have employees who worked on the initial project and have valid contracts that can be renewed and legally altered to cater to the new clients. Each of the eight trainers earn a basic salary of $3,000 monthly while the financial managers earn $6,000 each. The budget is meant to sustain these employees for six months, bringing the total sum of expenses on these services to $180,000. Supplemental materials and other emerging costs will be catered for by the remaining amount of $120,000. These costs may include payments for materials used during the training exercises and other emergency issues that may arise during the construction of the flats.
Justification for the Expansion
As mentioned above, the pilot phase of the Building Solid Foundation initiative was a massive success, with over 250 individuals enrolling in the program and completing at least one of the training courses offered. Recent trends indicate that the demand for homeless shelters in the US has increased significantly over the past few years (Bassuk & Geller, 2006). The New York Phase of the project provided houses to over 300 individuals, with 120, among them being families that had been relegated to living in homeless shelters. This housing first approach worked tremendously well with the community that took up the initiative because it solved the fundamental problems before delving into the secondary issues. Homeless people received the shelter they most desperately needed before receiving the training that enabled them to handle the job market (Walsh et al., 2016). This approach and its success motivated the organization’s shareholders, based on the feedback from the clients and interest from other players, to initiate an expansion plan. This expansion plan aims at replicating this solution in other cities where homelessness is a constant issue.
Goals and Objectives
Systemic oppression was also a motivating factor in the development of this expansion plan. During the collection of information in the first project, researchers noted that most cases of homelessness told an incredible story of systemic oppression. Despite the different backgrounds of each client interviewed, the stories revolved around a specific race or class of people who take advantage of others to benefit themselves while leaving their victims penniless and homeless (Walsh et al., 2016). The project provided equal opportunity to the applicants of the program regardless of race, gender, or any other criteria used to disqualify people from housing opportunities systemically. The expansion initiative aims at spreading this concept to other cities to reduce these injustices and provide shelter to the most underprivileged groups in society.
Budget
The budget for this project has been outlined in the descriptions above. The table below summarizes the spending and income associated with the second phase of the initiative.
Description | Cost ($) | Quantity | Total |
Flats | 100,000 | 3 | 300,000 |
Trainers | 18,000 | 8 | 144,000 |
Financial Experts | 36,000 | 2 | 64,000 |
Land | 200,000 | 1 | 200,000 |
Other Expenses | 100,000 | – | 100,000 |
808,000 |
Evaluation
The project will be evaluated based on the number of individuals who sign up for the program and the number of tenants who successfully re-integrate into the job market. If more than 60% of all tenants find jobs and maintain the living standards of their families using the skills acquired from the program, it will be a huge success. The outlook is positive based on the reaction from the first stage in NY. However, it is prudent to be cautiously optimistic since the demographic and attitudes of the individuals vary from City to City.
Conclusion
This proposal and cover letter are meant as requests for funding from our prospective partner for the new Chicago phase of the Building Solid Foundation initiative. This phase is an expansion from the NY phase that helped over 250 individuals find affordable housing. The program implements a housing first model. This model provides solutions to the housing problem first before addressing the other issues affecting the tenants, such as joblessness. The proposal outlines the budgetary needs and project goals.
References