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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.
Website. www.habitat.org. Habitat for Humanity International (HFHI), generally referred to as Habitat for Humanity or Habitat, is a U.S. non-governmental, and tax-exempt 501 (C) (3) Christian nonprofit organization which seeks to build affordable housing. [1] It was founded in 1976 by couple Millard and Linda Fuller.
Volunteers of America (VOA) is a nonprofit organization founded in 1896 that provides affordable housing and other assistance services primarily to low-income people throughout the United States. Headquartered in Alexandria, Virginia, the organization includes 32 affiliates and serves approximately 1.5 million people each year in 46 states, the ...
A housing cooperative, or housing co-op, is a legal entity, usually a cooperativeor a corporation, which owns real estate, consisting of one or more residential buildings; it is one type of housing tenure. Typically housing cooperatives are owned by shareholders but in some cases they can be owned by a non-profit organization.
Community land trust. A community land trust or (CLT) is a nonprofit corporation that holds land on behalf of a place-based community, while serving as the long-term steward for affordable housing, community gardens, civic buildings, commercial spaces and other community assets on behalf of a community. CLTs balance the needs of individuals who ...
Expenses (2015) $121,483,767 [ 1 ] Website. www.lisc.org. The Local Initiatives Support Corporation (LISC) is a US non-profit community development financial institution (CDFI) that supports community development initiatives across the country. It has offices in nearly 40 cities and works across 2,100 rural counties in 44 states. [ 2 ]
Common Ground is a nonprofit affordable housing developer in Seattle, Washington. Its primary goal is creating and preserving high-quality permanent and transitional housing for the homeless; it now also includes nonprofit facilities other than housing, such as community centers and medical buildings. The core of the organization are housing ...
The National Low Income Housing Coalition (NLIHC) is a non-profit organization dedicated to ending America's affordable housing crisis. It aims to expand and preserve housing for people with extremely low incomes. [1][2] NLIHC provides current information and data on affordable housing, and formulates policy and increases awareness on housing ...