New Beginnings Recovery Homes, Inc.
PROPERTY DONATIONS

New Beginnings Recovery Homes, Inc., is an intense program that provides services to
an indigent population of persons who cannot do for themselves. During the twenty
years that New Beginnings has been in existence, we have established a reputation for
integrity, quality, technical experience, and management of social programs.

How can your bank or lending institution help to continue what Mr. Williams has
initiated?

Donate those REO properties that you no longer need or want on your books. Use our
convenient
online form to send us some preliminary information on the property you
wish to donate. We will contact you at a time you select to further discuss details.

New Beginnings has been involved with renting properties (houses) for its transitional
housing program since 1990. In 1998, a combination of activities, involving transitional
housing, and rehabbing properties for New Beginnings, allowed New Beginnings to
utilize a variety of properties for its “homeless initiative.” The HUD Direct Sales program
allowed not-for-profit agencies, such as New Beginnings, to utilize these properties for
the homeless population, and after a period-of-time, purchase the property.

New Beginnings Recovery Homes Inc., is an agency that thinks outside the box. New
Beginnings is able to move quickly and decisively. The “product” this agency sells is
“service” to a population of persons that would otherwise be disenfranchised.

New Beginnings Recovery Homes is acting as the fiscal agent for Will's Places Property
Management, Inc. We have a goal of placing 100 or more persons into "shared or
permanent housing" within the next 120 days. New Beginnings, a 501c3 agency, seeks
to obtain the donations of bank or individual properties and utilize Will's Places, Inc., to
effect the proper management of these properties. Since both companies lack the
financial wherewithal. Given the current recession, it becomes a win-win situation for
ourselves and banks. The REO properties can provide a vehicle for revitalizing our
communities.

New Beginnings is a minority, 501(c)3 tax-exempt agency, that can act as a Fiscal Agent
for those not-for-profit agencies that do not have 501(c)3 status yet, or for profit
agencies that are not fully setup, or established to do business.  New Beginnings has
the power to act in place of those agencies.

In this expansion process, these agencies form a “collaborative arrangement” that is
not only beneficial to themselves, but also to the many lending institutions that will seek
to donate properties that they cannot sell within the defined parameters given them by
the Federal Reserve or Bank Auditors.

Donating these, properties allow the banks a substantial tax write-off that they would not
otherwise receive on a charge-off. In addition, the banks are able to avail themselves of
CRA credits since they will have donated these properties to indigent agencies located
within inner city communities. These not-for-profit agencies will take these properties
and use them for constructive projects such as transitional housing for the mentally ill,
mentally challenged, ex-offenders, HIV/AIDS affected persons and for persons deemed
socially liable.

New Beginning Recovery Homes office is located at 817 W 51st Place, Chicago, Illinois
60609-5141. New Beginnings Recovery Homes Inc., is involved in several distinct
activities:

  1. Shared Apartments, Shared Houses and Permanent Housing for socially
    indigent men and/or women;
  2. HIV+ and AIDS Affected Program;
  3. Home Improvement (repairs, renovations, remodeling etc.);
  4. Transportation of persons to and from psych therapy from nursing homes and
    transitional housing programs  
  5. Medical Equipment for persons receiving Medicaid and/or Medicare; and
    finally,      
  6. Home Health Care for persons receiving Medicare.

The prospects for New Beginnings Recovery Homes Inc., continued growth is excellent.
The agency's overall objective is to satisfy that market segment that demands integrity
and quality and to maintain a steady growth in service volume that will sustain the
agency for years to come.

Otis J. Williams, New Beginnings Chief Executive Officer, has enhanced his reputation
to the point where the agency regards him as the architect and founder. His agency's
leadership and managerial expertise has allowed New Beginnings to survive for the
past 20 years without substantial government funding.

He has taken the ex-offenders and the chemically dependent persons' negative skills,
and turned them into positives. He has cleaned them up using a restrictive, structured
drug and alcohol free living environment to help them to find themselves and in the
course of finding themselves – helped them to develop under his tutelage into positive
driven workers who are able to leave their environment and move into permanent
housing with definitive job skills.

He has taken the mentally ill and placed them into stable, restrictive and structured
living environments that are drug and alcohol free and these persons have been able to
survive taking their medication and staying out the hospital psych wards.

Mr. Williams’ ability to command a highly diverse program that allows for the
development of persons who had few marketable skills in the past, but while working
on the job in varying capacities have developed under his leadership and become in
demand by other agencies based on their ability and interaction with several other
social service agencies. This speaks volumes about the quantity and quality of work that
the agency does.
Committed to higher moral functioning
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