Felipe Polito

Once a lease was signed, within 100 days from that lease, we had first artifact coming out of that facility.

And we intend to do something very similar here, signing on demand and building a factory to deliver on that demand.

We have a thesis to build.

1 million homes by 2040, and we're on track to get to that world.

And it's really going to drive costs and outcomes to a lot of people in need.

In the United States, there are over 30,000 zoning jurisdictions.

Every single project has to be built custom to meet the demands for that site.

You cannot build a single product repeatedly in a factory because you need to get this variation outcome.

What it lets us do is have the local labor work on the houses in our communities.

So our electrician, our plumber who are working in the factory, they're the same ones that are wrapping up the work on site.

which means that we as Reframe are going all the way to the finish and delivering that home from end to end.

So you imagine a world where you can type in an address and get a house that is compliant to that local with the right price and time frame for it to be built.

Behind you over here is a smart saw.

This machine feeds lumber and cuts it automatically while printing onto the material.

And what we got here then is that this is a kit that then will be assembled into a wall.

But as somebody assembling it, all you need to know is that 18 goes to 18, 16 goes to 16, 14 goes to 14.

And very much like an Ikea kit, you're just assembling it the way it's supposed to be.

What is interesting is that today actually we have a much quieter pool of operators than you would get on the field.

We can have folks that otherwise would not be doing construction actually doing these tasks.