Our Projects
We currently work in the Monterey Bay and San Francisco Bay regions, often partnering with land owners such as: churches, other non-profits, or individuals who want to create mission-driven housing but need the capital and expertise to make the project happen.
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Genesis Worship Center, Oakland
12 Transitional Units - Completed
New Way Homes provided this Black-led community church with a loan for some of the design and construction costs and the expertise for approval and completion of 12 units for a transitional housing program.
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801 River St, Santa Cruz
7 Supportive Units - Completed
New Way Homes provided pre-development funding and the Envision Housing team led development to rennovate this long-vacant historical victorian into 7 units of permanent supportive housing to be completed in summer 2023.
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Homes of Hope Housing
28 Lower Income Units - Approved
This project will renovate two buildings owned by Center of Hope Church into 28 units of affordable housing, to be completed in 2024.
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Harvey West Studios, Santa Cruz
121 Supportive Units - Approved
Construction Start: 2024New Way Homes owned and funded pre-development of this 121-unit, all permanent supportive housing project through entitlement and then transferred the project to the owner-operator, Housing Matters. We are thrilled that this project will be a major step forward in Santa Cruz’s work to solve chronic homelessness.
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East Market, Salinas
75+ Affordable Units Planned - Application Submitted
New Way Homes has provided pre-development funding and has been awarded a state grant for environmental soil cleanup. The project seeks to build over 75 affordable units and space for a nonprofit kitchen incubator and women’s business center.
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8930 MacArthur Oakland
83 Affordable Units - Application Submitted
New Way Homes purchased this long vacant lot and obtained approvals for environmental cleanup of the site. The project seeks to build at least 83 affordable units and a small retail space.
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Peace Village, Santa Cruz
40 Mixed-Income Units - Application Submitted
This project will create a new building with lower-income affordable housing, affordable co-living, and market-rate housing on the campus of Peace United Church. With funding from New Way Homes, the project is seeking to complete entitlement in 2023.
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Capitola Road, Santa Cruz
30 Mixed-Income Units - Application Submitted
This project is a unique combination of below market rate starter homes for sale and rental ADUs, some of each of which are restricted to certain income levels.
