People need a place to live
The Josef-Luise-Deiters foundation is also called into life to facilitate the creation of more individual wealth for the employees of Crespel & Deiters. With interest-free loans that are financed by the foundation, they can build houses, purchase flats or replace expensive mortgage credits. And here, too, Crespel & Deiters goes the extra mile once more. The capital is topped up by the company by another 10,000 Deutschmark. Built on the company’s property, close to Groner Wald, Crespel & Deiters’ Drei Hasen settlement, which still exists today, is erected.
In the Drei Hasen settlement, the employees of Crespel & Deiters can purchase property for a small amount of money that is large enough for a house, a vegetable garden and livestock holding . And, once again, everyone joins forces and gets down to work. With the building pit excavation in 1936, the employees work side by side toward realising their dream of an own home. After the Second World War, when living space is extremely scarce following wide-spread destruction of the cities, the Josef-Luise-Deiters foundation goes on to realise three additional living areas in Ibbenbüren, thereby also creating new living space for the employees in tough times.