Article from Green Money Highlights New Way Homes’ Church Partnership Model

 

8930 MacArthur is a multi-family affordable housing plus commercial project in East Oakland. New Way Homes purchased this long vacant lot and obtained approvals for environmental cleanup of the site.

From Green Money

Churches are looking to use their real estate assets to address the growing housing affordability crisis and their own need for financial sustainability. Congregations are talking, and millions of homes are possible. New Way Homes, a non-profit that runs an impact investment fund for affordable housing development, and Workbench, a develop-design-build firm, have partnered to create a new development model.

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Proposed Clocktower Center will create up to 260 homes and enhance pedestrian experience in downtown Santa Cruz.

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Workbench collaborates with Plumas County on pre-designed ADU program