In March 2011, Japan was struck by a 9.0 magnitude earthquake followed by a tsunami of historic proportions. The number of lives lost is still unknown but is estimated to be 20,000 and the cost of recovery will be billions of dollars.
Soon after this tragedy, the AREAA Education Foundation made a commitment to help rebuild the lives of the thousands who had lost their homes, and launched a campaign to solicit donations to help build permanent housing. Through the generosity of AREAA members, and our sponsors and friends, we were successful in raising more than $400,000.
In October 2012, my wife and I traveled to Ishinomaki City to deliver the AREAA Foundation's donation. It was a very emotional ceremony, as many of the residents told of losing their homes, businesses and loved ones. The Foundation's donation helped pay for the completion of new homes, and we hope to contribute towards the construction of additional homes in the near future.
With sincere appreciation,
AREAA Education Foundation Chair
From the northeastern coast of Japan to the shores of New Jersey and New York, natural disasters have wiped out entire neighborhoods and left thousands of people homeless. The Foundation supports devastated areas by helping to raise funds to rebuild the homes and communities of people who have lost their homes, their businesses and their loved ones.
After Hurricane Sandy made landfall in Atlantic City, NJ in October 2012, it produced record storm surge that destroyed entire neighborhoods and countless small businesses. In addition to thousands of flooded homes and dozens of lives lost, property damage was expected to exceed $20 billion.
The Foundation lent its support to the relief effort by partnering with AREAA's New York metro chapter, theEDGE young professionals, Inman Real Estate and the Korean American Community Foundation to raise funds to benefit the victims of Hurricane Sandy. Funds donated during an event in New York were donated to Asian Americans for Equality, which partnered with local organizations to assist small businesses and people living in neighborhoods destroyed by the storm.
In March 2011, Japan was struck by a 9.0 magnitude earthquake followed by a tsunami of historic proportions. Lives lost were estimated at 20,000, and the total cost of recovery will be in the billions of dollars.
The AREAA Education Foundation made a commitment to help build homes that were lost in the northeastern coast of Japan. After initiating a fund-raising campaign to Rebuild Japan, we received more than $400,000 in donations from AREAA members, real estate associations, sponsors and friends.
After considerable research, the Foundation selected a housing project spearheaded by the Kogakuin University of Tokyo, which built 11 permanent individual residences and a two-story wooden building to be used as a community center. Foundation Chair Allen Okamoto traveled to Ishinomaki City to deliver the donation, which helped pay for the completion of these structures.