November was another exciting month in the life of EppoPay™. I continued to immerse myself in research; the history of home ownership and renters, the influence of technology in the field and the realities of income volatility in America. Last month I mentioned that EppoPay™ was invited to a Robin Hood-funded event sponsored by The Furman Center of NYU to develop a pilot for the City of NY. We were invited, we presented EppoPay™ and we felt the love. It was a convening of a powerful group; academics, policy experts, City officials and us! We wowed the group with EppoPay™ smoothing capabilities and we learned some important lessons which will help guide us as we enter the market place. More to come re ongoing meetings with the City of NY.

In addition to the profit story, EppoPay resonates as a social good, particularly for those supporting lower income tenants. That motivates us. Last week Facebook joined Apple and Google in an effort to combat the San Francisco housing crisis. They collectively pledged $4.5B to ease the housing shortage. Actually, the “housing crisis” is throughout the country and is caused by a host of trends, including low supply, aging structures, affordability, inclusion and community. We need policy and strategies to support the underserved. EppoPay’s innovative payment smoothing system is getting attention. We have been invited to join the housing crisis discussion with the City of New York. Our system will make a difference for cost-burdened tenants living in metro centers across the country. We're on it!