Curing
The Veterans Homeless Crisis
with IECLT, Inc’s
Innovative “Next Step”
Job Creation Approach
David A. Poorman
Sergeant David A. Poorman
MP - 101st Airborne
Combat Disabled
Iraq 1990
Quick Summary
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Our Real Estate Investment proposal is 100% dedicated to housing Low
Income, Extremely Low Income and Homeless Veterans
The program is run by a Certified Combat Disabled Veteran, along with the
veterans it is helping – Veterans Helping Veterans
The Investment for Real Estate Purchase and Repurposing creates a
factory that rehabilitates and houses at risk veterans, over and over.
The repurposing construction is multi million $$ contract work for veterans.
The use of existing job creation synergies in IECLT’s contracting business.
No other Veterans Housing proposal addresses JOBS!
Our unique approach immediately houses and FEEDS 40 homeless
veterans, with the plan of returning them to prosperity.
The investor returns are just as astonishing.
So…. We ask the Question:
Can the Veterans Housing
Crisis be Cured?
YES!
But……
…We need to address
the basic idea of
Earning Income,
and
Housing
will take care of itself.
Understanding
the Veteran Mindset
Very Different Perspectives
Understanding
the Veteran Mindset
• Veterans DO NOT want your charity
• Veterans DO want a Second CHANCE
Remember – These men and women are our country’s finest. We trained them
to follow orders, be part of a team, survive extreme hardships and then
shipped them off to far away lands to defend democracy for you and I.
They have significant skill sets not found in the typical labor pool. They also
have significant obstacles to deny their work force participation. “Skeletons”
and “Baggage” are the nicer words. Warrants, convictions and jail time are
all too often the reality.
Our approach is to circumvent traditional job notions and train for self
sufficiency and earning power. Self employment, online and home based
business’ are the road to home ownership using the $0 down VA Mortgage
Benefit.
IECLT’s Goal:
Lift Veterans
from
Poverty to Home Ownership
thru
Learning and Earning
and
The $0 Down Payment
VA Mortgage Benefit
3 Prong
Global Approach
• Provide Housing
• Provide Training
• Provide Jobs
Teach a man to Fish…..
Ours is a play on the old saying of rather
than feeding or subsidizing a man,
teaching self sufficiency is the greater long
term solution.
Online Veterans University
Provides the Education and Training
•Utilize online live and training platforms
•Veterans train Veterans wherever possible
•Deliver meaningful State and Federal Certifications
•Level 1: Life Skills Veterans U
•Level 2: Home Based/ Online Training
•Level 3: Masters Level - Professional Licenses
•Level 4: PhD Level - Government Certifications
IECLT, Inc.
• IECLT Provides the jobs:
• California General Contractor B/ C27/ D49 #978851
– We utilize Veterans on every job/ contract/ task
• California Disabled Veteran Business Enterprise:
(DVBE) GSE #1720300
– State, County & City preferences in contracting.
• Service Disabled Veteran Owned Small Business:
(SDVOSB) Duns #800231149
– Priority given for Veterans First and Set Aside contracts.
Housing: Bee Hive Concept
Actual (Existing) 6 story building For Sale $10.0MM
Housing: Bee Hive Concept
• Live
• Work
• Learn
• Earn
• Leave
Residents recover, live and work at the
property in a college dorm like setting. Living
quarters are situated above live instructor/
online classrooms. The building would also
have a ground floor public cafeteria and retail
outlet for veteran product sales and receiving
donations. The public would be encouraged to
eat, shop and donate to this veteran driven
community. The “beehive” would be a focus
within the community in order to reach out to
local veterans to help them and have them
help us. Various therapeutic and 12 step
groups (exclusively By and For Veterans)
would be formed. Residents are on an upward
trajectory from poverty to home ownership.
Veterans Helping Veterans
Rinse……..
AND
……Repeat
Availability
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Building is already built
Short lead time – Repurpose and Move in
Nearly Vacant
Top floor already gutted
Building is Fully Sprinklered
Contains No Nasties: Asbestos, toxics etc.
Available and Deliverable
Composition
Vertical Benefits:
• Allows Public/ Private separation
• Allows Internal Separation based on Sex /
Services / Needs
• Allows required Controlled Access and 24/7
Security
• Allows “Upward” Goals and Progression
Location
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Services
Shopping
Transportation
Commercial Zoning
Near Dense Residential and Commercial
for Retail Customer base
Land
View of Rear Parking Lot
• Resident Parking
• Customer Parking
• Open areas for Bee-Huts (Cargo Boxes)
• Weekend Flea Market/ Craft Shows
• Weekend Farmers Market
Future
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Room to expand
Separate parcel included
Build/Sell Condo units to “Graduates”
Motivation for residents to see their home being built
Allows proximity to main “Hive” for support
Build additional subterranean parking
Exit Strategy - Cure the Homeless problem & Sell Bldg!
Downside Protection?
• Real Estate will always hold value
• Program has hard assets
• Significant Civic benefits: Taxpayer savings from
thinning welfare rolls, payroll, corporate and personal
income taxes created and generated
• Blighted building is re-purposed & adds to property tax
base
• This program is designed and executed by
Veterans, for other Veterans – It WILL NOT fail.
Ground Floor
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Resident/ Public Cafeteria/ Delivery Business
Retail storefront for selling Veteran Goods
Donation Drop Point
Manpower Office
Online Classrooms
Live Meeting rooms
Community Room
2nd Floor
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Homeless Clients
$0 RENT and INCLUDES FREE Meal Plan
Utilize VA/Govt. subsidies
40 at a time
Initial Male/ Female Segregation
Can stay as long as you are in Level 1 Class
Earn up to $1000/mo and you move up
3rd Floor
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Extremely Low Income Vets earning <$1500/mo
Utilize VASH vouchers
Private Rooms/Bath/Kitchenette
TV and Internet
20 per floor
Strive to exceed $1500/ mo income & move up.
4th and 5th Floors
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Low Income Veterans earning <$3000/mo
1 bedroom apartments.
VASH vouchers and Fair Market Tenants
20 per floor (40 total)
Can separate Male/Female by floor
Residents are now “Power Earners” and are role
models for newbies.
• Earn >$3000/ mo and move up to 6th floor.
6th Floor
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Preparation for Ownership
Private 1+Den/ 2BR Units
Family Housing/ VASH/ FMV/ GPD Vets
20 units total for $1860 rent with meal plan.
Prepare for a $200k VA Mortgage at 4%
$954 P&I pmt with zero ($0) down!
Earn $3000/mo for 8-10 months and qualify to
BUY a home!!!
Veterans University
An Individual
1 on 1 Journey
We ask a few simple questions:
What is your passion?
In a perfect world – How would you
want to earn a living?
Level 1: Life Coaching
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Basic Life Skills Modules for Homeless clients
Welcome Home, Hygiene, Conduct, Morals, Expectations
Surviving in a digital world
Dress for Success
Credit/ Debit and managing finances
Time Management
Cleaning up the past
12 Step Counseling
Goal Setting and the Big Picture
Cafeteria/ Grounds keeping/ Janitorial Entry Level Jobs
Level 1 Graduation Package
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Corporate Donations
Provide $500-$1000 worth of tools
Cell phone / 1 year service
Free Checking account
VistaPrint: Business Cards/ Postcards/ Flyers
Website Creation and Hosting
Clothing – Hygiene
1 year assistance with IRS/ Court/ Life Issues
Credit Building, Goal Setting and Life Coaching
Level 2: Earning Power U
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Level 1 completed.
Now the Journey begins. Identify Abilities Skills and Loves
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Train in Professional/ Licensed areas
– Plumbing/ Electric/ HVAC/ Welding/ Carpentry
– IECLT Contractor/ Journeyman Programs
– Car and Real Estate Sales/ Mortgage Lending
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Train in Home Based / Online Businesses
– Online: eBay, Craigslist, Amazon, IT, Computer, Blogger etc.
– Artistic Painting, Pottery, Sculpture, Jewelery, Artistry etc.
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Train in Self-Employment Businesses
– Auto Repair/ Janitorial/ Landscaping
– Handyman Trades/ Property Mgt Support
Level 2 Graduation
• $1500 Corporate Graduation Package
• Enrollment $$ for RE/ Contractor License or any level 3 “Graduate”
education.
• Support and $$ to file for business license and DBA
• $$ for start up license costs and insurance
• Includes basic Startup/ Inventory/ Working capital
• IECLT will provide excellent paying jobs for apprentice and graduate
level workers in its core business-contracting. Ongoing jobs are
available in the Beehive businesses: Café, Building Maintenance,
Janitorial and Retail.
Level 3: Professional Licenses
Train and Receive:
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Real Estate License
Contractors License
Tech School Certifications
Commercial Drivers License
Assist with Corporate or LLC Formation
Support for Advertising & Business development
Education on Business and Tax planning
Level 3 Graduation
• $2500 Startup Line of Credit
• Gift PC/ Printer/ Software
• Use $$ for licensing costs and any Level 4
certifications
• Professional Wardrobe
• Join trade groups/ Networking
• Insurances
Level 4: Life Changing
Certifications
• 1 on 1 coaching for DVBE Certification
• 1 on 1 assistance for SDVOSB or VOSB
certification
• Register on all Federal contracting platforms
• Register on all State, County and City contracting
platforms
• Educate on benefits of the Holy Grail:
GSA Schedule - 20 year prenegotiated contracts!
Level 4 Graduation
• Immediate $5000 line of credit.
• Financial Support for any awarded contracts (Wk Comp/ Payroll/
Bonding/ Insurance)
• Certifications are a Multi-Million $$ goldmine, and ensure Line of
Credit payback.
• Give Direct Access to Government Contracting contacts
• Subcontracting opportunities with IECLT, Inc.
• Business coaching & support in critical times.
• Promote the Veteran and their Business to the world.
• Encourage helping another veteran - Replication
• Move aggressively to $0 down VA Home Ownership
Sky’s the Limit
• IECLT, Inc will employ Veterans in HIGH paying HIGH benefits
contracting jobs
• IECLT, Inc will employ Veterans as Journeymen on their way to a
qualifying for a California Contractors License
• IECLT, Inc will assist motivated individuals in obtaining similar
SDVOSB/ VOSB and DVBE certifications
• IECLT, Inc will subcontract with qualified Bee Hive individuals/
businesses on any of its government contracts
• IECLT, Inc intends to bankroll as many startup micro-loans as
possible. Corporate donations should focus on Startup funds and
Credit Lines for new businesses. IECLT can attest that this is THE
critical post graduation failure point for small businesses
• With a little bit of money, a highly motivated individual can make
great things happen.
Our Differences
• IECLT, Inc. is 100% owned by a Combat Disabled Veteran – David
A. Poorman, whose stated Mission is to help other Veterans
• Our plan shows immediate effect: Re-purposing the building is to be
done by General Contractor - IECLT, Inc (SDVOSB/DVBE), and will
be using only veteran labor.
• Our plan feeds and houses 40 homeless veterans within weeks of
funding.
• Immediate Training in the idea and goal of Self Sufficiency
• Every unit in building is for veterans in low/ ultra-low/ homeless
income brackets.
• Every unit in building contributes to the solution of Earning Power
and Self Sufficiency
• Veterans housing is not part of a larger picture – It is the entire show
• 100% of the project is for Veterans Housing, Support and Use.
Our Differences
• Our rent paying veterans support the room and board for
Homeless Population
• Building is not “Static”, rather it is like a factory
• Pay for it once, but the building continues to rehabilitate low/
extremely low/ homeless veterans, over and over
• This is about prosperity and success, on the way to self
sufficiency and home ownership.
• Our graduates will stand on their own and contribute to the
local tax base and even create additional jobs!
• VETERANS ARE ULTIMATELY GOING TO SOLVE
VETERAN ISSUES
Lets Talk Numbers
• Feeding and Housing 40 homeless veterans with some VA or
Govt. subsidy. They are also Meal plan clients.
• VASH Vouchers. Likely have food stamp benefits
• Grant per Diem (GPD) clients $1850 with meal plan.
• Fair Market clients would pay rent and buy Meal plan.
• Income security is linked to IECLT’s long term contracts.
Lets Talk Numbers
• $10,000,000 for Building Purchase
• $4,500,000 for Conversion to 120 units
• $ 500,000 for Hard costs
• $15,000,000 Total Investment
• Our proposal is for 100% of the Real Estate and Program to
be dedicated to Low Income/ Extremely Low Income/
Homeless Veterans.
• We intend to move Homeless Veterans to Home Ownership
I know…This will NEVER work
Let me introduce our President / CEO
David A. Poorman
Sergeant David A. Poorman
MP - 101st Airborne
Combat Disabled
Iraq 1990
I know…This will NEVER work
In July 2012, while looking for
appliances on Craigs list, I met David
Poorman. He was eeking out a living
online, repairing and selling
appliances.
His hopes were for a better life and
more income so he could win back
custody of his children and eventually
help other veterans.
I know…This will NEVER work
Dave’s life had been beaten down
and minimized. His hopes and
dreams were contained
in this box, possibly
never to be
realized
I know…This will NEVER work
However, with some direction and help,
along with his dogged determination,
Dave was able to get the all
important - CA DVBE and
Federal SDVOSB
certifications
CA GSA Certified
DVBE #1720300
Exp 03/01/2017
VetBiz Verified SDVOSB
DUNS #800231149
Exp 02/10/2017
NEVER say Never
Successful
LA City DVBE
Sub-Contracts
IECLT, Inc Subcontractor
for $32,000
NEVER say Never
Successful
LA City
DVBE
Sub-Contracts
NEVER say Never
Steady VA facility work
West Los Angeles VA
Veterans First &
SDVOSB contracts
NEVER say Never
Giving Back:
Weekend Work
Veterans Helping Veterans
NEVER say Never
Riverside Cemetery Maintenance
$10.4mm Competitive Bid
These are the possibilities
Still not Convinced?
• Barely 12 months after receiving its DVBE/SDVOSB
certification, IECLT, Inc paid more than $150,000 in
wages, workers comp premiums, payroll taxes,
employee taxes and corporate income taxes.
• In the next 12 months, that will top $1mm!
• Not bad for a dream that recently lived in a box!
• The power and determination of Veterans is like none
you have ever seen
Give them a Second Chance!
Be part of the Solution
• Proudly (or sadly) not one bank loaned a single dime to this
worthy and struggling company.
• Even with signed contracts in hand, not a single bank offered
any financial assistance.
• Everyone wants to help, and yet no one truly steps up
• The solution is Veterans Helping Veterans
• Will you continue the current trend or step up and break the
cycle?
Thank You