August 21, 2018

2 Min Read
Self-Storage Acquisition/Development Firm Kingdom Storage Holdings Builds Houses for Charity

Kingdom Storage Holdings, which acquires and develops self-storage facilities, recently partnered with Youth With a Mission (YWAM) to build two charity homes in Ensenada, Mexico. These are the fourth and fifth houses the company has built and donated to Mexican families as part of YWAM’s “Homes for Hope” program, according to a press release. Kingdom covered the cost of the buildings and furnishes as well as travel expenses for volunteers.

The program is run by the YWAM San Diego/Baja, Calif., chapter. To date, it has produced more than 3,000 Mexican homes. It takes two to three days for a team of 15 volunteers to complete a house, the release reported. The 320-square-foot residences are made of wood on a concrete base and are outfitted for electricity.

To qualify for a home, families must complete an application process and meet certain criteria. In addition to needing quality shelter, they must earn less than $100 a week and include children under 18. They must also have rights to the land on which the home will be built, according to the YWAM website.

“Our goal for these trips is not only to build a house for a deserving family—that up until this point may have lived on a dirt floor—but also for others to share in the gratifying experience of being in mission,” said Kingdom Founder Scott Meyers, who also owns Self Storage Investing, which assists and educates industry investors.

Based in Fishers, Ind., Kingdom acquires, develops and syndicates self-storage projects nationwide through its various partners. It’s the asset manager for approximately 2 million rentable square feet of storage across 23 projects in 12 states.

Founded in the 1960 by Loren Cunningham, YWAM is a nonprofit Christian missionary organization. Today, it includes more than 15,000 volunteers from 181 countries.

Source:
YWAM San Diego/Baja Chapter, Website

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