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2025-10-15 00:39
BOXABL Inc., a pioneering leader in revolutionary modular housing solutions, which is currently in a S-4 registration process for its previously announced merger with FG Merger II Corp. (NASDAQ:FGMC), proudly announces two new contracts with Innovate ADU, one of its preferred builders in California. These include a 51-unit agreement with Grace Bible Church-Rialto and a 20-unit contract with Gateway Christian in San Bernardino, California, marking significant milestones in its rapidly expanding opportunity with faith-based development projects.
These contracts follow other 2025 deals through the BOXABL installer program, including partnerships with Bethel AME Church of Fontana (27 units), Hope to Change in San Bernardino (12 units), and Catholic Charities of the Archdiocese of Oklahoma City's Caritas Casitas project in Oklahoma (12 units), bringing the total value of closed contracts in the faith-based vertical to 122 units, worth approximately $7 million this year. The Caritas Casitas project, a 12-unit pocket neighborhood in Oklahoma City, is expected to see residents move in by October 2025, providing affordable housing for emergency voucher holders and women transitioning from homelessness. The California projects leverage California's Affordable Housing on Faith Lands Act (SB4), which streamlines zoning for faith-based housing developments, and similar policies in other states. The BOXABL installer program's expertise in regulatory navigation and project coordination has been pivotal in securing and executing these contracts.