Umbra Companies Inc. is a vertically-Integrated Development firm with a dedicated Fund Management.
Umbra Companies Inc. (UCIX) is an Real Estate Development Investment company that deploys capital and resources countrywide. The centered focus is on Building and Acquiring multi-family, homes, condos and townhomes in the effort to end homelessness within the Veteran community. Umbra strategically focus on properties centered around the VA Hospitals within the different communities while working with the Veteran Department of State.
According to the Department of U.S. Housing and Urban Development (HUD), there were an estimated 37,252 homeless veterans as of January 2020. These were the most recent statistics that the agency had to offer, and it represents a slight increase from 2019 figures. It's believed that the pandemic likely led to a further increase in the number of veterans who lacked access to housing. However, the 2020 number also represents a 50% decrease in the number of veterans who were without shelter when compared to 2010.