We work with government, nonprofit and philanthropic partners to help convert vacant hotels, motels, apartments and other buildings into healthy, stable affordable homes for formerly homeless families and individuals.
With every building we help convert into affordable homes, we provide support based on the unique needs of that neighborhood and the development. We also lead local and program-based trainings, including webinars, quick guides, case studies and peer learning opportunities, focusing on financing and operations and resident and community services.
Critical Support for Homekey
In California, Homekey is set to become the largest expansion of homes for formerly homeless people in decades, with $750 million in first-round funding going to local organizations that can make the greatest impact.
We are doubling down on California’s commitment to Homekey – we’ve provided technical assistance and grant operational support funds to 45 community organizations and municipalities throughout the real estate process. These grantees received a combined $266 million from the state to create 2,300 affordable homes and an additional $46 million to provide wrap-around supportive services from philanthropic partners Kaiser Permanente, Blue Shield of California, the Chan Zuckerberg Initiative and CommonSpirit Health.