reason we have high retention rate is not just providing housing but it s the wraparound services, access to care and treatment for people living with mental illness or substance addiction or chronic health problems. it s not just about getting people out, it s getting and keeping them out as well. anita: i think we have pictures of a recent housing development here in los angeles you are able to build, it s interesting with 54 converted shipping containers converted into 16 two-bedroom units, that s creative thinking. daniel, you are a private developer, you ve worked with john before but i know you work on these projects, why do you take the time to team up with people like john to work on this? we are hoping to work with john shortly there. my background is real estate development primarily workforce
house more people. anita: daniel, can you take this show on the road and do this around the nation? the short answer is yes, we are doing this in the bay area where we have purchased 100 units. housing and converting it into affordable housing serving income earners at 80% imi levels, with public at 30 to 40% of the units toward almost housing and in addition, another 40 plus units on the site and we are doing it in partnership with the city, i take my hat off to for being creative and willing to take a chance on this newer model and will deliver 210 units serving low income housing population and it s being done with private finances. anita: that is amazing and john, can you explain to people what
housing, being in that space, i do a lot with nonprofits and public agencies to house them. over the last few years we ve noticed an uptick in the need for housing units. as we got more involved in the state, we decided to see if there s a way to develop a model sustainable that addresses homeless housing and we found there is a model, the last few years we ve delivered several hundred beds and seven more projects and it s being done using private capitol. anita: that is interesting. i want to go back to the pictures again of the recent development john built in downtown l.a. and the interesting things about this, let s put up the numbers on the screen, this is a development john built with flyaway homes,
one third the cost at one third the time, look at the numbers. for a unit, 175,000 unit, public-private partnership versus 550,000 unit government dollars and a third of the time from 18 months versus three to five years. john, your providing wraparound services and medical services, i know you say it s a blueprint for the nation, how do you take this program and expand it nationwide? the way we do that is do what daniel and i are trying to do, what we have done is create and harness private capitol. we have to build faster and cheaper, we cannot scale $550,000 a unit and take three to five unit to bring a project online so we bring the private market into the equation on the front end, land acquisition for predevelopment and construction cost and we can move faster to