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NestGen Kicks Off with 100 Approved Participants Aiming to Buy Their First Home in Six Weeks

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Select buyers will be awarded up to $25,000 to make homeownership possible

SAN FRANCISCO, Oct. 7, 2024 /PRNewswire-PRWeb/ — Nestment, the platform tackling housing affordability through house hacking and more, today kicks off NestGen, a free 6-week accelerator program that aims to level the playing field and unlock opportunities for buyers that have traditionally been locked out of homeownership. With hundreds of applications, all with unique stories and many looking to break generational barriers, Nestment has narrowed down the group to 100 participants with the hope that the majority will have closed – or are on their way to closing – on a first home purchase by the end of the program. A select few will receive up to $25,000 towards their home purchase, offering a financial boost to ease the burden of closing costs.

“Each buyer group will hear from people who’ve had personal success buying with us, and will work closely with a planner to establish goals, team up with the right lenders and agents to evaluate listings, and, when the time’s right, close on their first home.”

“We are excited to kick start the NestGen program and accelerate Nestment’s mission to make homeownership possible for a new generation,” said Niles Lichtenstein, CEO of Nestment. “Each week of the program will focus on a different facet of the home buying process led by one of our incredible partners. Each buyer group will hear from people who’ve had personal success buying with us, and will work closely with a planner to establish goals, team up with the right lenders and agents to evaluate listings, and, when the time’s right, close on their first home.”

In partnership with BILT Rewards, CoreLogic, CrossCountry Mortgage, Jason Mitchell Group, Obie Insurance, and ProsperityNow, NestGen unlocks access to real estate for underrepresented groups through educational resources and structural support throughout the home buying process. Millennials, Gen Z, BIPOC, first-generation Americans, and single women, among others, will greatly benefit from the guided mentorship to navigate the process and achieve their homeownership goals.

The program will kick off by establishing a baseline for the affordability strategy that suits each participant best, whether it’s primary multi-family, co-buying, or rentvesting — helping them identify the path that aligns with their financial goals and long-term vision for homeownership. Here’s what each week will be highlighting:

Week 1: Defining your House Hacking StrategyWeek 2: Finding the Right PropertyWeek 3: Understanding Lending and FinancingWeek 4: The Role of RealtorsWeek 5: How To Close on a Property, Insurance, Tax, and Legal QuestionsWeek 6: Recap on All Things Housing Affordability and Participant Graduation

“Buying a home would be the next step in breaking generational cycles, building on the progress already made. There’s a new wave of first and second-generation Americans ready to take this step, but many still lack access to reliable financial knowledge and growth opportunities,” said one of NestGen’s approved participants. “This program offers a new gateway to what’s possible with the right guidance. After spending a year saving for a down payment and feeling more financially secure, the market still feels unattainable for me.”

Nestment understands the various lifestyles and needs of today’s home buyers and wants to meet them where they are. NestGen takes into account the unique challenges of each home buyer and is dedicated to making this process easier. Through tailored guidance and practical tools, NestGen empowers participants to not only secure a home but also acquire knowledge of the process and its nuances to build long-term generational wealth through real estate.

While the NestGen program will come to a close on November 15th, participants will find lasting benefits from Nestment including knowledge of the home buying process, alternative paths to homeownership, and how to build generational wealth through real estate.

Stay tuned for more information on what each partner has in store for their week of the NestGen program.

About Nestment
Nestment, the real estate platform helping the next generation of Americans achieve homeownership through accessible, creative pathways and wealth-building strategies. Their platform makes it easy for groups to purchase real estate together; and a thoughtful partner ecosystem augmented by extensive educational resources support them along the way. Nestment was founded in 2021 by Niles Lichtenstein, Mark DeMitchell and Rob Zimmerman. Nestment is backed by leading venture investors including Protofund, Derive Ventures, The MBA Fund and mission-aligned funds such as Vamos Ventures, Westbound Equity, and IDEA Fund Partners. Read more about how Nestment is revolutionizing the future of homeownership at https://www.nestment.com/.

Media Contact

Juliette Wheeler, Nestment, 6302800329, nestment@thekeypr.com, https://www.nestment.com/ 

View original content to download multimedia:https://www.prweb.com/releases/nestgen-kicks-off-with-100-approved-participants-aiming-to-buy-their-first-home-in-six-weeks-302268472.html

SOURCE Nestment

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ELKEM TO SHOWCASE ITS THERMAL MANAGEMENT MATERIALS AT THE BATTERY SHOW

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EAST BRUNSWICK, N.J., Oct. 7, 2024 /PRNewswire/ — Elkem, a leading silicone solutions provider, announces will participate in The Battery Show, taking place October 7-10 in Detroit, at booth #4605.

Elkem offers a range dispensable battery assembly solutions for ease of automation, which includes BLUESIL™ RT Foam product line for thermal insulation & lightweight vehicle applications, BLUESIL™ ESA product line for thermal management & electronic protection and CAF™ product line for sealing & bonding applications in harsh environments.

The company will feature its Thermal Management Materials, which are designed to mitigate thermal runaway, dissipate heat, and improve battery pack fire resistance. Elkem’s solutions protect over two million EV battery packs with 60 billion miles driven. “We can run thermal simulations to show how Elkem products improve battery performance and safety,” said John Albaugh, associate market manager.

Attendees can expect to see hands-on displays and literature covering Elkem’s innovative solutions. “We’re excited to be exhibiting at The Battery Show and look forward to meeting with our customers to discuss their specific needs,” added Albaugh.

Elkem Silicones has over 70 years of experience in automotive applications and is dedicated to creating a sustainable future through innovation. Its EV Applications Center reduces application development costs, expedites validation, and accelerates time to market. “We take pride in our agility to innovate into emerging markets and our technical teams provide services on demand from the design and development phases to qualification and after-sales,” added Albaugh.

Elkem Silicones’ thermal insulating materials and their use in EV batteries are protected by patents US10,501,597 B2 & US11,261,309 B2 and patent applications US2022081529 & US2023203265.

About Elkem ASA
Elkem is one of the world’s leading providers of advanced silicon-based materials shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 7,400 people has a joint commitment to stakeholders: Delivering your potential. In 2023, Elkem achieved an operating income of NOK 35.5 billion and CDP ratings of A on Forests, and A- on Climate Change and Water Security. Elkem is listed on the Oslo Stock Exchange (ticker: ELK), where the company is also included in the ESG Index. www.elkem.com

Press Contact: Karen O’Keefe
                          karen.okeefe@elkem.com
                          609-658-5458

View original content to download multimedia:https://www.prnewswire.com/news-releases/elkem-to-showcase-its-thermal-management-materials-at-the-battery-show-302269107.html

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Newterra Provides Cutting-Edge Technology for Downe Township’s New Wastewater Treatment Facility

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DOWNE TOWNSHIP, N.J., Oct. 7, 2024 /PRNewswire/ — Newterra, a leader in innovative water and wastewater treatment solutions, is proud to announce its critical role in the construction of Downe Township’s new $33 million wastewater treatment facility. This state-of-the-art project will replace outdated septic systems and bring modern wastewater infrastructure to the township’s 1,600 residents, safeguarding the community’s future.

The facility, designed by engineering firm Mott MacDonald and set to be completed within 18 months, is a key development for the township following the devastation caused by Superstorm Sandy. The project received significant funding from the USDA Rural Development program and congressional allocations, but the technological backbone of the system will come from Newterra, whose advanced treatment equipment will ensure the community benefits from clean, efficient, and sustainable wastewater management.

“We’re honored to contribute our expertise and technology to a project that holds such importance for the local community,” said Kevin Cassidy, CEO at Newterra. “Our wastewater treatment solutions are designed to not only meet the immediate needs of Downe Township but also to provide long-term resilience against environmental challenges, ensuring that the township thrives for generations to come.”

With the new facility in place, Downe Township residents in Fortescue and Gandys Beach will be connected to a township-wide sewer system, marking a significant improvement in infrastructure that will enhance public health, environmental protection, and community stability.

Newterra has a long-standing commitment to partnering with rural and coastal communities across the U.S. to deliver sustainable water and wastewater treatment solutions. This project is yet another example of how Newterra is playing a vital role in shaping the future of water infrastructure in regions facing unique challenges.

About Newterra   

Newterra designs, engineers, manufactures, and services environmental, water and wastewater treatment solutions that assure great performance, superb reliability, and the highest value in our global markets.   The company offers a broad portfolio of reliable, trouble-free technologies and outsourcing support for municipal and industrial customers across diverse applications, including drinking water, industrial process water, wastewater, stormwater and remediation. For more information, please visit newterra.com.  

Media Contact 

Nathan CW Smith 

SVP Marketing and Lifecycle Services 

Nsmith@newterra.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/newterra-provides-cutting-edge-technology-for-downe-townships-new-wastewater-treatment-facility-302269109.html

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Connected Nation, AT&T, and the International Center of KY recognize local teens to kick off Digital Inclusion Week

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BOWLING GREEN, Ky., Oct. 7, 2024 /PRNewswire/ — To mark the start of Digital Inclusion Week 2024, Connected Nation (CN) joined the International Center of Kentucky and AT&T to welcome a new team to its Teens Teach Tech, powered by AT&T, program. Held on Friday, October 4, at the International Center, officials from the three organizations recognized students from Geo International High School as leaders for their efforts to help their families and other community members learn new technology skills.

Earlier that day, AT&T and Human I-T hosted a device distribution event, where 25 laptops were provided to local high school students through the Bowling Green Area Chamber Foundation and SCK LAUNCH. This event further empowered local teens by connecting them to digital resources, reinforcing the commitment to bridging the Digital Divide and supporting community growth.

“We are thrilled to welcome these great student leaders to our program,” said Tom Ferree, Chairman and CEO of Connected Nation. “Teens Teach Tech, powered by AT&T, allows us to empower students to make a difference in their communities by training the adults in their lives. Through the program, the students can earn startup and incentive funds for their program by providing services that help uplift the community.”

The Teens Teach Tech, powered by AT&T program, launched in 2022, equips teenagers to lead workshops that help bridge the Digital Divide. Teams of student volunteers, with guidance from a program mentor, offer hands-on training to adults who lack technology skills, ensuring they can navigate the online world safely and effectively. Teens Teach Tech powered by AT&T has provided training to more than 13,000 individuals in the past two years, focusing on critical skills such as computer basics, internet safety, and videoconferencing.

“We are thrilled to be joining Connected Nation and AT&T for this recognition of our wonderful students and the opening of our computer lab,” said Kayla Byrd, Director, International Center of Kentucky Bowling Green. “Having devices available to our constituents along with our teen trainers is a win-win for our community. Thanks to a great partnership.”

The Digital Divide remains a significant challenge in the United States, with millions lacking the skills and tools needed to thrive in a technology-driven world. With a third of the U.S. workforce lacking basic digital skills, according to the National Skills Coalition, the need for digital literacy programs has never been greater.

Through its digital skills training programs, Connected Nation is collaborating with community organizations to address this issue head-on by providing local communities with resources to enhance digital literacy. CN has provided training to nearly 20,000 individuals via AT&T-funded digital literacy programs. These efforts are crucial in bridging the gap and ensuring that everyone has the opportunity to succeed in today’s digital age.

“At AT&T, we believe in the power of technology to connect and uplift communities,” said Carlos E. Sanchez, President of AT&T, Kentucky. “Programs like Teens Teach Tech help ensure that everyone, no matter their background, can thrive in today’s digital economy. We’re proud to support this initiative and see its impact in Bowling Green.”

About Digital Inclusion Week:
Digital Inclusion Week is a national event that raises awareness of programs and initiatives aimed at closing the Digital Divide. Organizations across the country participate by highlighting the importance of digital access and literacy. Connected Nation is proud to be a part of this movement, working alongside partners like AT&T and the International Center of Kentucky to empower individuals through technology.

About Connected Nation: Connected Nation celebrated 20 years of service in 2021. The national nonprofit’s mission is to improve lives by providing innovative solutions that expand access to and increase the adoption and use of broadband (high-speed internet) and its related technologies for all people. Everyone belongs in a Connected Nation.

For more information, please visit: connectednation.org and follow Connected Nation on Facebook and Twitter.

About Philanthropy & Social Innovation at AT&T
We’re committed to advancing education, creating opportunities, strengthening communities, and improving lives. As part of our companywide commitment to address the digital divide, we launched AT&T Connected Learning® to invest in connectivity and technology, digital literacy, and education solutions to help today’s learners succeed inside and outside of the classroom. Since 2008 we’ve committed to programs that help millions of students across all 50 states, Washington D.C. and around the world, particularly those in underserved communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/connected-nation-att-and-the-international-center-of-ky-recognize-local-teens-to-kick-off-digital-inclusion-week-302269119.html

SOURCE Connected Nation

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