The Work Ahead
In Negotiations
Developing:
2027-2030
Currently in negotiation for the acquisition of Geary and Walton Elementary Schools in Roane County, West Virginia.
Two schools in Roane County closed at the end of the 2025-2026 school year. The schools served the southern end of the county but in an environment of declining population the schools could not be maintained. While five schools were open in the county the average utilization across all buildings was 45%. This gave Roane County the lowest utilization rate in the state.
More to Come:
Roane County is not alone in the circumstances of these school closings. In 2020, the state evaluation projected 60 schools across West Virginia would close by 2030. To date 58 of those schools have already closed and the state predicts 8-10 more closing after this school year. Once we fine tune and prove the model works we will aggressively pursue more projects.
STAY TUNED!
Initial Funding
Single Family Dwellings
2026-onward
Single Family Workforce Housing Rehabilitation, backed by the Tenant Stability Program.
The fastest path to proving the model is one house at a time. Agape sources distressed single family properties through auction and rehabilitates them into decent, affordable rentals with the Tenant Stability Program in place from the first lease. These acquisitions move quickly, generate the operating revenue that funds expansion, and create local construction work in the process. Each one is a working demonstration that the model holds before it is asked to hold at scale.
Geary School
Walton School
Multi-level brick building of approximately 50,000 square feet. This campus would serve as the residential site, located five miles off the Amma exit of Interstate 79.
There is potential for multigenerational housing units, as West Virginia has one of the highest rates in the nation of grandparents raising grandchildren. This would not replace standard workforce housing but would add a resource for a demonstrated community need.
Walton Elementary, built in 1966, is a brick structure situated within the regulatory floodplain. That designation makes residential conversion impractical, but it does not diminish the building's value to the community. Walton is planned as a hub of opportunity: small business incubation, shared and technology-enabled workspace supporting remote and commuting work, workforce training, and community and veteran services that residents in the county's more remote reaches cannot easily access today.
Because the structure predates the community's initial Flood Insurance Rate Map, it may qualify as pre-FIRM. Agape is evaluating dry floodproofing and related remediation strategies, which under NFIP standards are available to non-residential structures and can allow a building to remain in productive service while meeting floodplain management requirements. That assessment will be completed alongside structural and environmental due diligence following conveyance.
The site sits within a mile of both a bank and a post office, and carries verified 5G cellular service, infrastructure that supports remote work, small business operation, and daily community use.