Open Doors, an Atlanta-based nonprofit focused on securing housing for those exiting homelessness, has received a $300,000 cornerstone gift to the Open More Doors campaign from Norman Radow, CEO of commercial real estate redevelopment company RADCO. The Open More Doors campaign is Open Doors’ new strategic plan to address homelessness and housing insecurity in the Metro Atlanta community.
“Through the Open More Doors campaign, we are furthering the work of our amazing partners in making homelessness brief, rare and non-recurring while expanding our scope to help welcome home anyone living in housing insecurity,” said Matt Hurd, Executive Director of Open Doors. “We are incredibly grateful for the support of our long-term supporter and contributor Norman Radow for providing us with one of the cornerstone gifts of this recently launched funding campaign.”
A noted philanthropist, community champion and respected commercial real estate leader, Radow grew up in and around the Brooklyn public housing projects. His harrowing experiences as a young boy showed him firsthand the influence that public policy and property management can have on the quality of life for residents and the greater community. He decided that if he were ever able to do so, he would help families, just like those with whom he grew up, to live in safer communities that offered more opportunities.
“The Open Doors mission of securing permanent and sustainable housing for people who are experiencing or at the brink of homelessness has never been more important than it is now, when, in fact, the need for affordable, stable and secure housing is growing,” said Radow. “I am proud to be able to support an organization such as Open Doors that provides such a critical service to the Metro Atlanta community.”
Open Doors collaborates with its nonprofit partners and the commercial real estate community to place people into permanent, safe rental housing. Along with its more than 100 community partners, Open Doors is actively closing the gap on housing instability – with every $1,000 donated to Open Doors, a family is placed in a sustainable, affordable home in under 30 days. In 2021, Open Doors connected more than 1,200 people, to its portfolio of over 450 multifamily communities that are professionally managed by 120 property management companies, including RADCO.
If you are interested in supporting the Open More Doors campaign, please make a gift at: https://opendoorsatl.org/donate/.
About Open Doors
Since 2013, Atlanta-based Open Doors has been making connections to bring people home. Each year Open Doors assists its nonprofit partners in placing approximately 1,000 people into permanent, safe housing – saving time, money, and heartache for residents. Just as importantly, Open Doors delivers dependable, well-supported renters to property partners. For more information, visit https://opendoorsatl.org/.
RADCO was founded in 1994 with the mission of “Building Better Living.” Based in Atlanta, RADCO is a national real estate company that specializes in the acquisition and redevelopment of value-add multifamily and hospitality investments across the Southeast and Central US. Over the past 10 years, the firm has acquired and invested in approximately 30,500 multifamily units in 15 markets and completed nine hotel acquisitions in the last year. RADCO has completed more than 100 deals totaling $3.2 billion. For more information, please visit www.radco.us.
