Affordable Housing for The Homeless with Ellen Paik

Ellen Paik cultivates relationships with New Story’s partners and builders to ensure they have a transparent, world-class experience. Prior to joining New Story, she was an investment banking associate at Goldman Sachs, where she was a finalist in the 2018 Goldman Sachs Give Analyst Impact Fund. She enjoys exercising, exploring the outdoors, and hanging out with family and friends in Korea and Hawaii.  [00:01 – 04:54] Opening SegmentI welcome our guest for the episode, Ellen PaikEllen talks about her backgroundThe culture of Investment and Banking[04:55 – 14:26] Driving Innovation within Affordable HousingThe Issue on Chronic Homelessness and Lack of Access of Adequate Shelters Founding story of the topic and how they address the problem 2014 Earthquake in HaitiThe solutions made to address the problem Building International partnerships for project innovations Sharing the learnings to others by Open-sourcing[14:27 – 22:11] The Goal of Innovating Affordable Housing for HomelessImpact of having homes to individualsThe crisis in accessing affordable housingLack of innovation and lack of prioritization of innovating affordable housingAdvantage of Non-profit Organization The 10-year goal of New StoryBuilding partnerships to existing, new groups, and some governments [22:12 – 26:50] Closing SegmentWhat are the lessons learned during this pandemic?Connect with Ellen. See Links Below.Final wordsTweetable Quotes:“Sharing what we learn with the world because it benefits nobody for us to keep the learnings to ourselves.” - Ellen Paik“I think if we do inspire a lot of people to realize that we have really advanced technology out there, what does it look like to apply it to affordable housing and those who need it the most, I think right by inspiring that question and inspiring others to think about such topics hopefully that kind of, again builds momentum around what we’re able to create with the new affordable housing sector.” - Ellen Paik Resources Mentioned: AppleTV  (Docu-Series - Home)New Story ------------------------------------------------------------------------------Follow Ellen on LinkedIn and visit their website at https://newstorycharity.org/.  Connect with Excelsior GP:Excelsior GP WebsiteLinkedInYouTubeConnect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.