Savers Village

Savers Village is a work-force housing project with a twist. While its primary goal will be to house families affordably, Savers Village (the “Project”) will offer those families a pathway to financial independence and home ownership. Each tenant will have a brokerage savings account established in their name into which the Landlord plans to deposit 10% of their rent payment each month. Accounts will be managed by DS Real Estate Investors (the “Manager” or the “Sponsor”).

The Sponsor is seeking partners that share our goal of social impact that produce two outcomes: a good financial return and positive social change.

Affordable. Workforce housing development.
Building wealth. Providing a path to home ownership for tenants.
Blight to right. Helping to transform a neighborhood.
Scalable. Building a replicable investment model.
Triple bottom line. Offering a return to investors, the neighborhood and the tenants.

Darryl Scipio
Darryl was born in Washington DC and moved to New Jersey with his rockstar parents at the ripe old age of two. He graduated in the top 10% of the greatest high school on the planet – St. Benedict’s Prep in Newark NJ. Activities: track team, tennis team (Captain), and the drama guild (he can act). He has two phenomenal younger sisters who he looks up to.

College? Yes – Rutgers where he won the Paul Robeson Award and was a columnist in two student newspapers. He was deeply involved in community and student activism here. He graduated with dual bachelor's degrees in Political Science and Africana Studies.

His first jobs were in the dot-com industry and the publishing industry. He was on web teams at Agency dot com, CNN, Blackplanet and Mercedes Benz. He listened to music and wrote words about it for VIBE, STRESS, and XXL. One day, he plans to be a writer.

He has been an entrepreneur since his early twenties and started DOS Media, a technology consulting company. The company focused on building websites for nonprofits, elected officials, and government agencies.

Darryl received his law degree at Rutgers Newark, where he completed a summer abroad in Capetown, South Africa, was elected President of the Association of Black Law Students, won a fellowship to attend the Eagleton Institute of Politics for one year, and was a student attorney in the Community Law Clinic. After graduating, Darryl joined the ACLU of New Jersey, running the Racial Justice Program. Darryl is admitted to practice law in the State of New Jersey.

He’s a rabble rouser so he spent the next few years working in the labor movement with 32BJ SEIU. He met his beautiful wife Erika here.

Currently, Darryl practices real estate and business law, and is an adjunct professor of Humanities at Essex County College and is starting his next career as a real estate developer.

Darryl started a nonprofit in law school – the Newark Chess Club – a mentorship program that teaches life skills through the game of chess. What started as a volunteer project for shits and gigs is now operating in 40 schools and has 20 chess instructors. He recently launched Success With Chess to offer the program outside of Newark. www.successwithchess.com

Darryl lives with Erika and their twins Bijoux and Toussaint in East Orange NJ.

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