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Our
Impact
Breadth, scale and expertise
in action
Over our 42-year history, Next Home Grants has invested $72 billion and created or preserved 1 million homes in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. All to make home and community places of pride, power and belonging. And our work doesn’t stop there.
FUNDING
$578 million
in all-time grants made to local partner organizations
POLICY
2+ million
renters protected through policy wins in the last two years
RESIDENT SERVICES
24000
residents supported at our properties in the Mid-Atlantic
The numbers are
big, but our impact goes
deeper than digits. We focus
on the impact of the homes
we build and preserve and
the dollars we invest in
communities and with our
partners.
Our theory of impact is
measured across three
levels: systems,
communities
and people.
Because it takes an approach
at all three levels and a
responsive feedback loop
between those levels that
will get us the lasting
change we need. We are
fortunate at Next Home Grants to
have the full range of
capabilities to make this
theory of impact real and
address all three levels.
Here’s how:
Our Impact On: Systems
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We
have
to
find
ways
to
not
only
preserve
housing
but
to
preserve
the
people
who
live
in
that
housing.
We
have
to
build
neighborhoods.
Marcia
Fudge,
Former
Secretary,
U.S.
Department
of
Housing
and
Urban
Development
Fighting Income Bias | New York
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Not long after her Parkinson’s disease diagnosis, Elizabeth Barnes lost her job. When she was looking for a new apartment, all her applications were rejected – because she needed to pay rent with a housing voucher. Through our advocacy, and by working together on a campaign with residents like Elizabeth, we secured a critical win: a statewide ban on source-of-income discrimination. Elizabeth and her daughter now happily live in an apartment she can pay for with her housing voucher.
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Equitable
Path Forward
For our impact to be real and lasting, we need to create systems change that helps dismantle the legacy of racism in housing. We’re investing $3.5 billion in Black, Indigenous, and People of Color (BIPOC) and other historically marginalized housing providers to change the types of homes that get built, where they're built, who builds them and the wealth that they generate. Learn more about Equitable Path Forward.
Our Impact On: Communities
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Next Home Grants
has
played
a
critical
role
in
bringing
together
sectors
that
don’t
normally
talk
with
one
another.
We
find
their
team
here
in
Seattle
to
be
among
the
most
innovative
thinkers
in
the
community.
Kollin
Min,
Sr.
Program
Officer,
Bill
&
Melinda
Gates
Foundation
Columbia Heights Village | Washington, D.C.
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In a high-cost D.C. community, we helped preserve over 400 homes as affordable and ensured that the tenant’s association became partial owners of the buildings. We brought the full breadth of our capabilities, providing over $100,000 in mortgage debt and equity investments, and a Section 4 Capacity Building grant to make it possible. “We are a success story,” says Josephine Hodges, member of the tenant’s association and long-time resident. “We’ve shown that we as residents deserve the right to ownership.”
Our Impact On: People
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To
me
having
a
home
means
redemption.
Francis
Grady
Apartments,
what
it
means
to
me
is
comfortability,
a
stable
foundation,
and
just
living.
Warren
Magee,
resident,
Francis
Grady
Apartments
in
Boston
The Owen Family | Midvale, Utah
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Cameron Owen works an overnight shift and then takes college courses during the day. With three children in school, he and his wife Callie needed an affordable but spacious home near Salt Lake City and close to public transit. They moved into Canyon Crossing, a green-certified development financed with $14.5 million in housing tax credit equity from Next Home Grants. “If you go to our old apartment versus here,” Callie says, “you would say: ‘wow, you really moved up in life!’”
Join Us.
We’ve made a
good home
possible for
millions of
Americans
without one, but
there’s still
more we can do
together. Let’s
make our biggest
impact yet.