Capital Club 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 Segment
- I welcome our guest for the episode, Ellen Paik
- Ellen talks about her background
- The culture of Investment and Banking
[04:55 – 14:26] Driving Innovation within Affordable Housing
- The 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 Haiti
- The 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 Homeless
- Impact of having homes to individuals
- The crisis in accessing affordable housing
- Lack of innovation and lack of prioritization of innovating affordable housing
- Advantage of Non-profit Organization
- The 10-year goal of New Story
- Building partnerships to existing, new groups, and some governments
[22:12 – 26:50] Closing Segment
- What are the lessons learned during this pandemic?
- Connect with Ellen. See Links Below.
- Final words
Tweetable 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:
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Follow Ellen on LinkedIn and visit their website at https://newstorycharity.org/.
Connect with Excelsior GP:
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