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Atlanta-based startups GROUNDFLOOR and PadSplit team up to create more affordable housing

GROUNDFLOOR, a wealthtech platform that allows everyone to build wealth through real estate, and PadSplit, a mission-driven marketplace that helps solve the affordable housing crisis, are teaming up in a new partnership that will create hundreds of new affordable housing units. The two Atlanta-based companies operate as real estate marketplaces, though they have traditionally served different audiences. This unique partnership unites the companies together for the first time, alongside real estate developer White Hawk LLC, which is utilizing GROUNDFLOOR s lending services to renovate 36 homes that will all serve as PadSplits. As a result of the partnership, hundreds of individuals will be able to find safe, clean, and affordable housing in the Indianapolis metro area.

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