What is Margert Community?
Margert Community Corporation operates as a specialized service provider dedicated to the intersection of housing security and energy efficiency. By offering comprehensive housing counseling, homebuyer education, and foreclosure prevention, the entity serves as a vital resource for residents in South Queens. Beyond financial literacy, the organization manages critical infrastructure programs, including the Weatherization Assistance Program and the RESTORE Senior Homeowner Repairs initiative. Their market position is defined by a dual-focus approach: improving the physical quality of residential assets while simultaneously assisting vulnerable populations in navigating the complexities of the NYC affordable housing lottery system.
How much funding has Margert Community raised?
Margert Community has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Margert Community
PPP
Public-Private Partnership
What's next for Margert Community?
With this late-stage financing, Margert Community is positioned to expand its reach within the South Queens demographic, potentially scaling its weatherization and repair programs to meet rising demand. The strategic deployment of this capital will likely focus on enhancing the efficiency of their housing lottery navigation services and strengthening the operational capacity of their community renewal initiatives. As the organization matures, the focus will shift toward long-term sustainability, ensuring that energy affordability and housing stability remain accessible to the aging and low-income populations they serve. Future growth will likely involve deeper integration with municipal housing authorities to streamline service delivery and maximize the impact of their existing programs.
See full Margert Community company page
