Affordable Housing Landlord Raises $9M, Keeping 3,000 Families in Their Homes

Marjy Stagmeier invested in old affordable apartment communities and quickly realized that many of her renter families were low-income single parents who needed services like after-school programs and playgrounds for their communities.

Launched a nonprofit to provide social services to low-income families

In response to the demand for social services, Marjy launched her own 501(c)3 nonprofit that provides free on-site services to families living in affordable apartments communities—and Star-C has since become a Godsend for families.

“Many children have come through the Star-C after-school program, who are now doctors, plumbers, and school-teachers, earning good wages that moved them out of poverty,” she told GNN. “Almost 100 families have elevated from renting to home ownership because we kept rents low so families can save their money.” Read more