Esusu scales rent reporting platform across Related Affordable’s portfolio to help renters build financial resilience in more than 50,000 units: Read on!

Esusu scales across Related Affordable’s portfolio to help renters in over 50,000 units build financial resilience

Esusu • November 24, 2021

We are proud to announce our partnership with Related Affordable, one of the country’s largest private developers, financiers, and preservationists of affordable and workforce housing. Over the past year, Esusu has worked closely with Related to provide reporting services to renters in 19,000 units, and today, the partnership grows nationwide. This expansion empowers residents in over 50,000+ Related Affordable units to report their on-time rent payments to the three major credit bureaus, allowing them to build their credit at no cost.

Related Companies is the largest private owner of affordable housing nationwide with a commitment to more equitable housing for renters. To date, Esusu has enabled 71% of enrolled Related residents to boost their credit scores by an average of 32 points and has helped 2,300 enrolled renters establish credit scores and financial identities. Together, Esusu and Related are proud to work hand in hand to help renters build financial resilience today and tomorrow.

“Over the past year, we have seen what Esusu’s rent reporting platform can do for Related Affordable residents to help improve their financial health,” said Jeffrey I. Brodsky, Vice Chairman of Related Companies. “We are thrilled to further our partnership with this forward-thinking company to better serve all Related Affordable residents.”

This partnership aligns with Esusu’s goal of helping more of the 45M+ credit invisible households in the U.S. get access to healthy financial opportunities.

“We are deeply proud to partner with Related Affordable, an innovative leader transforming the housing landscape in the United States, to create more opportunities for renters,” said Esusu Co-Founders, Abbey Wemimo and Samir Goel. “With less than 10% of renters in the United States seeing their rent captured in their credit scores, our partnership is critical to scaling rent reporting to millions of people nationwide and dismantling systemic barriers to credit and housing.”

 

Esusu Co-Founders, Abbey Wemimo and Samir Goel.

For more information about Related visit: Related.com/affordable-housing