Faith based organizations own many infill sites and often share a mission interest in addressing the housing affordability crisis. Start development models are often not a fit, however. New Way Homes has created a model to partner with churches to create affordable housing in underutilized portions of the church’s land or buildings. It is now proven to work and is growing, particularly to serve communities of color. This is a great opportunity for faith-based organizations to gain an asset that supports the work they are already doing in the community while simultaneously creating much needed housing. Join us as we share what we’ve learned and why impact investing is a cornerstone of making these partnerships work.
Impact Investing Unlocks Affordable Housing Development with Faith Based Organizations
Sibley Simon July 13, 2022
Power and Capital
Deliver Equity and Inclusion
Affordable housing, Neighborhood revitalization
Purpose and Desired Outcome
The desired outcome for this session is to raise awareness of the benefits and challenges of developing housing with faith-based organizations, share learnings from the New Way Homes model, and help grow a movement of faith-based housing development.
Allocators (Family Offices, HNW Individuals, Foundations)
Intermediaries (Financial Advisers, Investment Bankers)
- NameSerena Collins
- TitleDevelopment Manager
- NameSibley Simon
- OrganizationNew Way Homes
- NameBishop George Matthews
- OrganizationGenesis Worship Center