Safe & Green Holdings And Soldier On Sign Letter Of Intent To Design, Build And Operate 800-Unit Supportive Housing Community For Veterans
Portfolio Pulse from Benzinga Newsdesk
Safe & Green Holdings Corp. (NASDAQ:SGBX) and Soldier On, Inc. have announced a non-binding Letter of Intent to design, build, and operate an 800-unit supportive housing community for veterans and first responders with disabilities. The project also includes an 80,000-square-foot, ADA-compliant manufacturing facility in McClean, Oklahoma, aimed at employing wounded veterans in the construction of the housing units.
March 19, 2024 | 12:41 pm
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Safe & Green Holdings Corp. (SGBX) enters into a Letter of Intent with Soldier On, Inc. to develop an 800-unit housing community for veterans, including a manufacturing facility to employ wounded veterans.
The announcement of this partnership and project is likely to be viewed positively by investors and the public, highlighting SGBX's commitment to social causes and its expansion into new projects. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100