In This Issue
Communities to Watch
Our Response to CMS
Michelle Shappie
In Search of the Hybrid Ideal
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Communities

to Watch

We support the efforts of other housing and employment innovators across the U.S.  In this space we will provide links to profiles on our website of communities we think represent the types of new models needed to meet the growing demand for adults with Autism.
This month, please check out:

(Holland, MI)

(Harvard, MA)

(Cornville, AZ)
July 2012 Newsletter
Greetings!

Welcome to e-newsletter #5 from LTO Ventures. To the left you will see icons for Facebook, Twitter and LinkedIn.  We invite you to "like" us, "follow" us, or just visit us on those social media channels.

We are raising funds to advance our mission. The yellow "Donate" button will take you to the Donate page on our website where you can make a contribution via credit card.  Every $20, $50, $100 or more is very important.

At the bottom is a link to forward this email to a friend if you think others might be interested in our mission.  If there is anything you would like to share with me directly, email me at molson@ltoventures.org.
 
LTO Ventures Responds to Centers for Medicare & Medicaid Proposed Changes to Home and Community-based Settings

LTO Ventures has submitted its public comment in response to the Centers for Medicare & Medicaid Services ("CMS") Notice of Proposed Rulemaking CMS-2249-P2. Read the full text of our 18-page comment letter here.

 

We strongly oppose CMS' latest attempt to narrow the definition of a home and community-based setting, and thus reduce the amount and variety of housing available.

 

We believe that individuals with Autism Spectrum Disorder and other developmental and intellectual disabilities have the right to live in the residential setting of their choosing, and to receive the services they need in that setting whether or not those services are funded by Medicaid, the primary financial safety net for persons with disabilities. We encourage anyone who shares our view to share our comment letter.

Michelle Shappie Joins Board of Directors

We are pleased to welcome Michelle L. Shappie to the LTO Ventures Board of Directors. Michelle is a parent of a child with autism who has enjoyed a successful 15-year career starting communities in the residential construction industry, and as a serial entrepreneur. For 10 years, she was the Starts Manager for DR Horton, Inc., the nation's largest builder. She currently works with Beazer Homes. She has started two companies: one a consultancy in building code and compliance management services; and, the other specializing in custom document archive services for mega-resort and high-rise properties.

 

We always welcome hearing from people who might be interested in joining our board.  For a detailed description of the kind of people we are seeking, please visit the new Careers section of our website.

In Search of the Hybrid Ideal

From time to to time we will share content from other sources that we think is relevant to understanding the LTO Ventures mission and model.

 

The financing model for LTO Ventures' communities is predicated on the success of our "work" element comprised of businesses, non-profit as well as for-profit, located on our campuses.  The challenge of making our own hybrid model work was captured, in part, in this article published in the Stanford Social Innovation Review, Summer 2012 issue. 

 

"In the first large-scale, quantitative study of nascent social entrepreneurs, researchers from Harvard Business School and Echoing Green examine the rise of hybrid organizations that combine aspects of nonprofits and for-profits and the challenges hybrids face as they attempt to integrate traditionally separate organizational models."

 

Read the complete article here.

How You Can Help
We are an early-stage company with an innovative model in a rapidly-growing market.  We are always looking for people, money and ideas in the areas below.  Call or email me if you think you can and want to help, or you have someone you want to refer/recommend.
  • Funding - We are presently raising a $50,000 "Groundwork" round.  Every $20, $50, $100 or more moves us that much closer to our goal of making this vision a reality.
  • Board Members - Visit the Careers section of our website for details on the characteristics of the people we would like to consider joining our board.
  • Advisory Board Members - We are looking for professionals in finance, tax credits, legal, planned community development, and fundraising to be part of a structured advisory board.
  • Subject Matter Experts - We always want to hear from people who have extensive knowledge and experience in all areas related to residential development, and employment of adults with autism.
  • Adults with Autism and/or their Families - Our best source of input and ideas comes from the persons and families who live every day with autism.  You are the people for whom we are creating our communities.
 
Sincerely,
 
Mark L. Olson, President & CEO
LTO Ventures
Contact: Mark L. Olson, President & CEO; 702 353 6540; molson@ltoventures.org