Land Betterment Sets Goal to Offers Next 18 ekō Homes to Members of Dawson Springs, Kentucky School System

Jan 4, 2022 8:40 AM ET
Press Release

ekō Villages of Hope established through the support of the Community Foundation of West Kentucky to raise funds to sponsor homes for impacted community

$24,000 sponsors a rent free, utility free, furnished ekō home for an entire year while the community rebuilds versus worrying about where their next bed will be ($18,000 for six months)

Through the foundation, ekō has received a commitment to match up to $154,000 of initial donations

Donate to the ekō Villages of Hope Fund here

FISHERS, Ind., January 4, 2022 /3BL Media/ - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining and industrial sites to create sustainable community development and job creation, announced that through the early success of Operation ekō Christmas, which provided four fully-operational ekō homes in four days to a Kentucky community devastated by recent tornados, has set its next goal of offering an additional 18 ekō homes to members of the Dawson Springs, Kentucky School System. Land Betterment is establishing its second ekō Villages of Hope in Dawson Springs, KY to assist with the rebuilding of the Dawson Springs community and goal of helping to get the schools reopened.

Through a newly established charitable fund in conjunction with the Community Foundation of West Kentucky (“CFWK”), individuals and companies can help sponsor ekō homes through donations made to the foundation’s ekō Villages of Hope Fund through the link here. The money raised directly helps putting another displaced family into a place to call home. The sponsorship model is established to provide ekō homes for either six months or 12 months, but can be continued thereafter on a single month-by-month, six month or yearly basis. $24,000 sponsors a fully built, delivered, utility-connected, furnished and rent and utility free home for an entire year ($18,000 for six months), then a $1,000 per month thereafter.

Mark LaVerghetta, Chief Governance Officer of Land Betterment commented, “Our ekō division was established to provide a higher quality, more cost effective and sustainable form of living. What we have seen though our recent disaster relief in western Kentucky is that the ekō housing platform is an amazing solution for areas impacted by natural disasters or other crisis management causes such as domestic violence or rehabilitation villages. What makes them so unique, is our ability to provide a home quickly to communities that desperately need them. A few days after the tornado devastated Dawson Springs, we were fortunate to speak with the Mayor of Dawson Springs, KY about our ability to donate ekō homes and five days later, we had four homes delivered, installed and fully approved to be occupied! What we saw in Dawson Springs, KY was amazing support from across the country in terms of massive outreach of supplies, food, water, clothes and cleanup which were absolutely needed, but housing resources proves to be a much more complex and longer lead-time solutions for these suddenly and severely impacted communities. With the support of the Community Foundation of West Kentucky in the establishment of the ekō Villages of Hope Fund, we provide a real housing solution to communities in need. Furthermore, reliable housing and the reopening of the school system provides the necessary foundation for communities to be productive and rebuild.”

Land Betterment’s goal is to be in a position to provide its efficient housing solution to communities across the country experiencing catastrophic property loss from natural disasters. The Company’s rapid deployment of ekō homes aims to help communities establish a solid foundation to productively heal and rebuild.

Land Betterment with its partner, Container Solutions, Inc, has been building ekō homes to provide a more sustainable and better quality of home versus the traditional trailer or small-home environment. Land Betterment’s ekō housing division is developing community villages that offer residents with sustainable, high-end, cost-effective container-based homes designed to bring a new, safe and more efficient housing option to the Appalachian region’s transitioning economy. The ekō housing solution is powerful across many fronts as exemplified by its Villages of Hope’s disaster and crisis relief. Also, the flexibility and efficiency of the ekō platform allows for the rapid deployment of various dwellings beyond housing such as medical units, support units allowing internet connectivity, community kitchens and mobile offices.

To contribute to the ekō Villages of Hope Fund, please visit here.

Individuals and communities interested in discussing the ekō platform can email info@landbetterment.com.

About Land Betterment Corporation

Land Betterment Corporation, an Indiana Benefit Corporation and Pending B-Corp, is an environmental solutions company focused on fostering a positive impact through upcycling former coal mining sites to create sustainable community development and job creation. The Company utilizes a complete solution-based lifecycle program to restore and rehabilitate the environment and revitalize communities in need of change and opportunity. Land Betterment accomplishes this by identifying un-reclaimed, run-down and neglected coal mining sites, fixing the environment through reclamation and remediation, and then repurposing the land to support a sustainable business that serves the community. Land Betterment firmly believes that with real solutions it is possible for restoration of impacted areas to live side-by-side long term employment, while building sustainable and safe surroundings for communities and our planet. For more information visit landbetterment.com or connect with the Company on Facebook, Twitter, and LinkedIn.

Special Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company’s actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond Land Betterment Corporation’s control. The words “believes”, “may”, “will”, “should”, “would”, “could”, “continue”, “seeks”, “anticipates”, “plans”, “expects”, “intends”, “estimates”, or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.

Company Contacts:

Mark LaVerghetta
317.537.0492 ext. 0
Chief Governance Officer, Corporate Finance
info@landbetterment.com

Stephanie Conzelman
207.205.0790
Stakeholder Engagement Director
info@landbetterment.com

Source: Land Betterment Corporation