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COMMUNITY CARE OUTREACH <br />Gather extends beyond the building. Residents may create flower arrangements, care packages, <br />and encouragement gifts that are delivered to seniors and homebound residents throughout <br />Ramsey. This creates connection across generations. <br />PROVEN TRACK RECORD <br />For nearly ten years, Elevate Hope House has supported mothers and children through housing <br />and stabilization. <br />Current housing includes: <br />• Sandy's Place <br />• Joanne's Place <br />• Carol's Place (Opening Fall 2026) <br />Carol's Place is being built through partnerships with Lennar, local trade professionals, and the <br />Spring Lake Park High School Construction Trades Program. <br />By Fall 2026, Elevate Hope House will operate three homes, and we desire to continue to create <br />affordable housing for years to come. <br />PHASE ONE FINANCIAL MODEL: A PARTNERSHIP -DRIVEN BUILD APPROACH <br />Market Context <br />New mixed -use construction in the Minneapolis —Saint Paul metro currently ranges from <br />approximately $200 to $325 per square foot for hard construction costs alone. <br />At approximately 8,700 SF, this yields a traditional hard -cost range of: <br />$1,740,000 to $2,827,500 <br />When including soft costs, site work, permits, FF&E, and contingency, a typical all -in project of <br />this scale would range: <br />$2,200,000 to $3,700,000 <br />These figures reflect a fully contracted, market -rate development model. <br />Our Approach: Building Differently <br />