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Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.
The Make It Right Foundation is a non-profit foundation founded by American actor Brad Pitt in 2007 after Hurricane Katrina to rebuild houses in the Lower Ninth Ward of New Orleans in an environmentally friendly way. The organization also built structures in the American cities of Newark, New Jersey, and Kansas City, Missouri. [4]
Habitat for Humanity New York City and Westchester County (Habitat NYC and Westchester) was founded in 1984 as an independent affiliate, serving families across the five boroughs through home construction and preservation, beginning with their first build on the Lower East Side, during the first Jimmy & Rosalynn Carter Work Project. [14]
Amy Cantrell, co-director of BeLoved Asheville, at the construction site of the deeply affordable homes at BeLoved Village, January 15, 2024.
Institutions are expected to own 40% of single-family rentals by 2030.
For-profit groups have vacuumed up over 70% of America’s nursing homes, and health advocates are worried: ‘The care gets really bad’ Harris Meyer, KFF Health News March 12, 2024 at 5:55 AM