• Architectural rendering of the new Rainbow Village campus
  • 1

Our Strategic Funding Plan

Step 1

Consolidate current Rainbow Village families into the new property in Duluth and provide on-site Family Services. Construction to begin on this step in first quarter of 2011.

  • Construct two 6-unit apartment buildings and on-site Family Service Center

This step allows us to bring all Rainbow Village families onto one campus and take advantage of some economies of scale with all residents in one location. We also know that “Community” is essential to the success of the Rainbow Village Program. This step allows us to create one community for transforming families.

Estimated Construction Costs: $2,272,966

Step 2

Provide on-site Family Services and Education/ Recreational and Day Care facilities. Construction could begin as early as Fall 2011.

  • Build the Educational / Recreation and Day Care Facility on the existing Rainbow Village property

The existing apartment property will be converted into space that will house the Rainbow Village after-school program, the Adult Learning Center for Life Skills and Workforce Development, day care facility, kitchen and cafeteria where community meals are served.

Estimated Construction Costs: $1,750,000

Step 3

Increase our capacity to serve the homeless families with children of North Metro Atlanta.

  • Build the three new apartment buildings designed to increase our capacity from 10 families today to 30 families in the future.

The new units will house families of two to six individuals, providing safe, comfortable living space for roughly 60-180 individuals at a time, depending on the ages and the genders of the children in each family. Each apartment unit includes a kitchen, living room, two or three bedrooms and one or two baths.

Estimated Construction Costs: $1,950,000

TOTALS

  • Total Construction Costs for Step 1-3: $5,972,966
  • Incremental Operating Costs for Step 1-3: $1,700,000
  • Total Projected Costs of the Master Plan: $7.7 million

This is a five year, multi-step Master Plan. We are off to a fantastic start! Phase I is fully funded and we are well on our way to funding Phase II. Please help us make this vision a reality for the many homeless families in our community!

Program Funding

Commitments are currently being sought over a five-year period to fund the initiative. Rainbow Village is a 501(c)(3) not-for-profit organization. As such, pledges may be deductible as a charitable donation. Please consult your financial advisor for clarification.

Program Oversight and Accountability

Rainbow Village, Inc. will implement the five-year initiative, with input from the Campaign Steering Committee. This committee, comprised of mostly top investors in our capital campaign, will oversee implementation and maintain program accountability on an annual basis. Throughout the five years of the program, all investors will be kept informed through a detailed series of newsletters, periodic reports and special events. Investors are also encouraged to call with questions and suggestions that arise during the implementation of this program.

Closing Remarks

Through the expansion of our village (Completion of Steps 1, 2 & 3) we will increase our capacity to serve homeless families with children in North Metro Atlanta. You can help us break the cycles of homelessness, poverty and domestic abuse by investing in the future of our community.

Although the groundwork is laid, there is still a lot of work to do. Yes, the plan is designed. Yes, the strategic planning for our village has been completed. Yes, the fundraising feasibility study is finished, and yes, the campaign leadership is in place. The only thing that waits is your investment to help bring the Master Plan to fruition. Please consider being a part of the promising future of homeless families with children in North Metro Atlanta!