The Pitch
YRNO purchases blighted homes, employs opportunity youth to supervise youth in the homes’ renovation, and sells the constructed homes to teachers at a significant discount in exchange for their continued service to the educational system. Youth outcomes include high quality job training, career readiness, and economic self sufficiency.
William Stoudt
The Entrepreneur
William Stoudt, former Executive Director of Youth Rebuilding New Orleans, is a New Orleans native and graduate of Tulane University. Before joining the staff, William worked as the Director of the Board and helped found the organization immediately after Hurricane Katrina. He believes that engaging local youth and providing real educational opportunities are necessary to facilitate New Orleans’ continued growth.
Impact
Current Executive Director of YRNO is Prince Holmes. YRNO has engaged 10,000+ youth volunteers to help 350+ homeowners and rebuild 13 homes, which were resold to deserving teachers at a reduced cost (80% market rate) to stabilize neighborhoods and positively impact the education system.