Yes! Properties are needed for families in particular.
Yes! Both of these scenarios allow for someone living on your property with you with separate living quarters. For a space that is not shared with someone else, we pay $600 per bedroom in rent.
We do our best to present likely matches to you and then support you and our program participant throughout the match. However, sometimes the match doesn’t work out and that’s OK. If a match is not working out, we ask that you give a one month notice to allow your tenant time to find other housing. If there are situations that don’t really allow for one month, we will work with you to reach a harmonious solution as quickly as possible. Every step of our process is opt-in. You’re never stuck.
For properties with their own energy meter, it will be under the tenant’s name. For ADU’s and finished basements that share metering with the main home, the utilities will be included in the $600/month/bedroom.
Open Up will hold a $300 security deposit for you. When your tenant checks in and check out, we will work with you to identify any areas for extra cleaning or repair.
Our tenants come from trusted community partners. Our partners are career development organizations and employers who already have a relationship with our tenants. That relationship with the community partner forms the first layer of screening we do. Our tenants go through an application process so we can learn about their personal history and their housing goals and needs. We then interview them in person or through video conference to further learn about them. If they are conditionally accepted after the interview, we do an income verification, extensive background check, and reference check. The final part of the screening process comes through you. Alongside Open Up staff you meet the potential match in your home and see it you would be a good match for each other.
$600 per bedroom
During the application and interview process you decide if you would like to allow pets in your home and which types of pets you would allow. For dogs and cats, we will hold a $100 deposit from the tenant for you. You cannot charge a higher monthly rate for pets.
Open Up is not a property manager. We decrease the risk of renting out your property through holding the lease for your property directly with you and filling the space with our screened program participants. Like any good tenant, we will communicate any issues with the property with you and work with you to find appropriate service maintenance, if needed.
The lease is a month-to-month lease between you and Open Up. This is called a Master Lease. Open Up then has a Real Estate License Agreement with our program participants to live in your property.
Open Up takes care of collecting rent from the tenant and ensuring that you get paid on time every month. Automatic deposits to your bank account are set up. Checks can be mailed to you for a $10 monthly processing fee.
Family members and partners may stay in a room together for a maximum of two people per room. When you allow two people in one room, you receive $600 per month in rent. We never place people who do not know each other in the same bedroom. In order for people to thrive, we believe they need a private space to call their own.
For our program participants, we offer monthly case management by our staff to work on housing goals for a successful exit. Our preference is to do these meetings in person for a better assessment of how the match is going. Our case managers are also available as needed when conflict arises. For housing providers, the level of support needed is decided by you. Our staff is available to you to help your match be one in which everyone thrives.
When the tenant vacates your property we will communicate expectations to them on cleaning protocols for the space they rented. An Open Up staff member will do a walk-through of the space with you to assess if there is any damage that needs to be repaired. If you’re ready for another match, we will present you with new possible matches.
From the first application our program participants fill out until the end of their time in our program, we are working with them on what a successful exit looks like. The average stay is 6 months but sometimes it’s less and sometimes it’s more. Your lease with Open Up is month-to-month meaning that either you or Open Up can give the other 30 days notice to end the lease. If you want to continue your match, please do so! Open Up stops supporting our program participants after 24 months in our program. Some of our matches have gone on to make direct arrangements with each other after Open Up’s support stops!
We use existing housing space combined with a sharing economy model. Many people are shocked to learn that someone working full-time earning over $15/hour could be on the verge of homelessness. We ask homeowners to open up a bedroom in their home so our neighbors can have the stability they need to reach their goals of self-sufficiency.
Since 2017, we have made 50 matches in the Denver Metro area! Over 80% of our homeshares have led to a successful exit which means the tenant was able to find equal or better housing on their own.
Our funding comes 100% through donations by foundations, businesses, churches, community service organizations, and individuals who are passionate about our effective and efficient model of addressing the affordable housing crisis. In a typical arrangement between a homeowner and a third party, fees of 8-12% of monthly rent are paid to the third party. Those fees ultimately get passed on to the tenant in the form of a higher monthly rent. Our goal is to keep rent low to give people a launching pad towards thriving so we don’t charge any fees to the homeowner or tenant. We are always looking for people who want to invest in this model through giving. You can donate or contact us to talk about your philanthropic priorities.
Your monetary gift makes it possible for each participant to receive individualized care and coaching for their housing goals. The Open Up model isn’t a permanent housing solution for anyone; it’s an incubator that gives people the stability and support they need to grow in self-sufficiency.