GEMZ Corp Subsidiary BadgerBlox Offers Affordable Housing and Technical Trade Skills for Wisconsin Municipality
GEMZ Corp's subsidiary, BadgerBlox, is launching an initiative in Gillett, Wisconsin, offering affordable housing through container conversions. In collaboration with local technical schools, the project aims to provide practical trade skills to students. BadgerBlox will handle the initial framing, while students will complete interior work, gaining experience in areas like carpentry, plumbing, and electrical. This initiative supports low to moderate-income families by placing completed homes on city-owned lots via HUD's Community Development Block Grant Program. BadgerBlox and GEMZ Corp's leadership emphasize the dual benefits of affordable housing and valuable hands-on training for the community's youth.
- BadgerBlox provides affordable housing solutions through shipping container conversions.
- Collaboration with local technical schools offers practical trade skills to students.
- Support from HUD’s Community Development Block Grant Program enhances project credibility.
- Students gain hands-on experience in various trades, including carpentry, plumbing, and electrical.
- Initiative supports low to moderate-income families by placing homes on city-owned lots.
- Project success relies heavily on student participation, which may face logistical challenges.
- Potential delays in project completion due to the dual-phase construction process.
- scalability if dependent on specific municipal partnerships and local resources.
Gillett, Wisconsin--(Newsfile Corp. - June 18, 2024) - GEMZ Corp (OTC Pink: GMZP), a leading innovator in sustainable solutions is pleased to announce that the Company's subsidiary, BadgerBloX Inc., specializing in shipping container conversions, is set to offer affordable housing solutions to a Wisconsin municipality while they partner with local technical schools for project completions. The municipality will be placing affordable living containers, provided by BadgerBlox, onto city-owned lots for low to moderate income families.
The finished homes will be a collaboration work effort with BadgerBlox framing doors, windows and other various portions of the conversion along with local technical schools finishing out various interior portions of the home in order to offer practical trade experience for students as they complete work within each container.
The Wisconsin municipality strongly supports BadgerBlox and the technical schools within the school district to allow students first-hand experience through skills such as drywalling, architecture design, roofing, carpentry, painting, engineering, plumbing, electrical etc.
Chris Schrubey, CEO and President of BadgerBlox Homes Inc., states, "BadgerBlox is helping this Wisconsin municipality through a two-pronged approach. First, we are offering low-cost housing solutions through Housing and Urban Development (HUD's) Community Development Block Grant Program. Second, we are offering practical training to local higher-education trade schools while partnering on each container home project. BadgerBlox and our own architect team will complete phase one of each container home to include the core design of the exterior and interior layout. Next, the students will complete phase two of each container home to include all key interior work."
"We once again embark on new ground by offering multiple benefits to a municipality in need," notes Stephen Carnes, CEO of GEMZ Corp. "While BadgerBlox covers the first half of each container home completion, trade students fulfill the second half of the home designs and receive hands-on skilled training while doing so to help them in the future. This strategy benefits the community long-term as both a long-term growth solution and providing immediate skills applications for local student residents. Students can take pride in creating habitats of both comfort and necessity for their friends and loved ones, thereby creating an even stronger sense of community."
Housing containers consist of a 2-3 bedroom, 1 - 2 bathroom design with a basement if possible.
About GEMZ Corporation and BadgerBloX Homes Inc.
GEMZ Corporation is a publicly traded company which trades under the symbol GMZP. BadgerBloX Homes Inc. is a designer and manufacturing converter of container-based living and workspaces. BadgerBloX specializes in affordable, high-quality conversion of containers for use as homes, offices, and other imaginative ready to use spaces.
Visit https://www.badgerblox.com/ for more information.
Follow us on Twitter at: @GEMZCorporation and @BadgerBlox
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a few uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events or otherwise.
CONTACT:
Investor Relations
info@badgerblox.com
SOURCE: GEMZ Corp.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/213433
FAQ
What is GEMZ Corp's latest project involving GMZP?
How is BadgerBlox contributing to affordable housing in Wisconsin?
What role do local technical schools play in BadgerBlox's housing project?
How does GEMZ Corp's project benefit the local community?
What are the features of the homes provided by BadgerBlox?
