Our mission and vision
At PadSplit, we believe that everyone deserves a comfortable place to call home. This core belief drives our mission to provide accessible and affordable housing solutions that empower our members financially. We achieve this by offering a marketplace that enables the quickest and most effective housing solutions.
PadSplit is the largest coliving marketplace in the U.S. We cater to the hardworking individuals who form the backbone of society: teachers, firefighters, and other frontline workers who are all striving to build a better future. We are proud to help them find housing opportunities that transform their lives.
We stand by our community of residents and will continue to bring respectable, accessible, quality housing options to those who need it most.
Our story
PadSplit was founded in 2017 in by Atticus LeBlanc, who had entered an affordable housing ideas competition in Atlanta, GA. Having spent most of his career in affordable housing as an entrepreneur, Atticus was frustrated by the slow pace of housing creation, and the growing gap of affordable homes. He believed that our existing housing stock could be used more efficiently to create new housing opportunities from unused space, specifically by renting individual bedrooms in homes with shared access of kitchens and common areas.
He had been experimenting with shared housing models since 2009 and knew that such arrangements created housing that was both more affordable for renters and more profitable for housing providers. As importantly, these new housing options could immediately begin to reduce the housing gap without using taxpayer dollars. Rather than trying to own and operate shared homes at scale, Atticus proposed to create a platform that any housing provider or homeowner anywhere could use to quickly set up, market, and operate their shared home.
From the first prototype home, PadSplit has been producing life-changing outcomes for both residents and hosts, and these impacts continue to fuel us today.
The story behind PadSplit’s logo
PadSplit's logo features two keys, which signify shared opportunities and the start of a journey toward financial empowerment.
The first key belongs to our hosts. It unlocks the potential to generate income by converting underutilized spaces into affordable housing solutions. This key symbolizes entrepreneurship and smart property utilization while making a positive impact in the community.
The second key belongs to our members. It opens the door to more than just a room—it's their pathway to financial independence. This key represents access to stability and the ability to advance, allowing members to pursue their dreams without the burden of excessive housing costs.
Together, these keys demonstrate our core belief: shared housing can unlock life-changing opportunities, one room at a time.
Access our Social Impact Report
Explore our latest social impact report showcasing our contributions across the U.S. As the largest coliving marketplace, we're dedicated to addressing the affordable housing crisis and promoting financial empowerment, providing swift, secure, and effective housing solutions for low-income workers.
See Impact Report
