What is Accessible Space?
Founded in 1978 and headquartered in St. Paul, Minnesota, Accessible Space operates as a vital nonprofit entity dedicated to the intersection of affordable housing and supportive living. The organization manages a robust portfolio of 141 residential homes and apartment settings spanning 31 states. By providing specialized property management and supportive services, Accessible Space serves over 3,000 adults, including individuals with physical disabilities, brain injuries, and seniors. Its market position is defined by a unique blend of social advocacy and enterprise-level property management, ensuring that vulnerable populations have access to dignified, barrier-free living environments that foster independence and community integration.
How much funding has Accessible Space raised?
Accessible Space has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Accessible Space
PPP
Public-Private Partnership
What's next for Accessible Space?
The infusion of capital from this major strategic investment will likely be directed toward the modernization of existing facilities and the optimization of supportive service delivery models. As the organization navigates the complexities of the current housing market, this financial backing provides the necessary liquidity to maintain high standards of care while potentially exploring new geographic markets. Future growth strategies will likely focus on leveraging this investment to improve energy efficiency in its residential portfolio and expanding its digital infrastructure to better coordinate care for its diverse resident base. By maintaining its focus on long-term sustainability, Accessible Space is reinforcing its commitment to being a leader in the accessible housing sector.
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