Home is where life happens and futures begin.

Yet millions of families can’t afford a place to call home. The system doesn’t work – it must be changed by us.

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Our mission is to make home and community places of pride, power
and belonging.

Our Goals

A courtyard of an affordable housing complex

Increase Housing Supply

We invest in and advocate for the preservation and production of good homes people can afford.

Development

Financing for Developers

Products for Investors

Father holds his daughter in front of their home

Advance Racial Equity

After decades of systematic racism in housing, racial equity is at the center of our work.

Equitable Path Forward

Justice Involved Homes

Grandfather gardening with his young grandson

Build Resilience & Upward Mobility

We support residents and strengthen communities to be resilient to the unpredictable and make upward mobility possible.

Upward Mobility

Our Impact
Celebrating 1 million homes

Since 1982, we’ve invested $72 billion and created 1,000,000 homes in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Join us to make our greatest impact yet.

See Our Impact

HELPED CREATE & PRESERVE

1M homes

Up against a massive shortage, we increase the supply of affordable rental homes for millions of families.

EXPERIENCE

42 years

Each day, we draw from decades of real-life experiences on the ground with our partners.

INVESTED

$72 billion

We aggregate and invest billions in capital for impact in homes and communities across the U.S.

Shaun Donovan, president and CEO of Next Home Grants, meets with an afterschool group
Meet Shaun Donovan
Our new CEO and president is traveling the country to learn more about the communities we serve. Get to know more about him in this quick Q&A.
Learn More
Jim and Patty Rouse at the steps of a doorway

The Jim Rouse Legacy is now one million homes

The Baltimore Sun reflects on the impact our founder has had on communities across the country, calling on others to build on what he started as we tackle our national housing shortage.

Illustration of people in a community garden
50-50 background color
Community Green
Featured Program
Power Forward Communities

Power Forward Communities, the landmark coalition that Next Home Grants co-leads with some of the country’s most trusted community development, climate and housing organizations, has been awarded a $2 billion National Clean Investment Fund grant to make America’s homes healthier, more resilient, and more affordable.

Learn more about this unprecedented effort to equitably decarbonize potentially millions of homes through programming and financial supports that will ensure no community is left behind in the clean- energy transition

 

Funder Spotlight

Wells Fargo Foundation

With the Wells Fargo Foundation’s support, the $20 million Housing Affordability Breakthrough Challenge is helping to advance and propel innovative, implementation-ready solutions across the United States.

Creating true equity in the nation’s housing system requires a focus on transformative ideas that challenge current housing practices and processes.

STACY SPANN, HEAD OF HOUSING ACCESS AND AFFORDABILITY PHILANTHROPY, WELLS FARGO FOUNDATION 
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We are here for impact. Join us.
Support Our Work