A simple pathway to turn under-utilized land into affordable rental housing:

 
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1. Land owners are often left wondering where to turn, as they consider development options. These are community members with land but limited capital and limited construction expertise.

 
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2. New Way Homes provides a pathway for land owners to turn under-utilized land into affordable and workforce rental housing.

 
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3. New Way Homes will bring capital and a developer to the table. A joint venture is formed to collectively manage the essentials like project design & finance.

 
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4. With the design, capital and a plan in place, we will next complete the necessary steps to project approval before starting construction!

 
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5. After construction is finished both parties share earnings, and the original land owner can retain an option to own the new building in full.

 

New Way Homes provides a pathway for mission-aligned land owners to own 100% of new rental housing without putting down any capital, nor taking on the intensive construction process alone.

We are actively selecting sites in Monterey, Santa Cruz, Santa Clara and Alameda Counties.