Support the development of our next 350+ affordable and below-market-rate homes while earning steady returns.

We’ve launched a securities-based crowdfunding offering live on Equityvest, where anyone can invest in our Affordable Housing Impact Investment Fund.

Invest in a new approach to solving California’s housing crisis

Open to individuals and organizations, the New Way Homes Fund creates new affordable and below-market-rate housing while providing investors a fair return.

Example 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.

  • Completed apartment interior

    Genesis Worship Center

    Oakland, CA
    Completed: October 2021

    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.

    View Project
  • 801 River Pre-construction

    801 River Street

    Santa Cruz, California
    Completed: Summer 2023

    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 early 2022. The project is owned by Housing Matters and has many non-profit and public funding sources.

    View Project
  • rendering of project exterior

    Homes of Hope

    Oakland, CA
    Entitlement Approval: August 2021

    This project will renovate two buildings owned by Center of Hope Church into 28 units of affordable housing, to be completed in 2024.

    View Project
View All Projects

NWH Investment Fund

Our fund allows investors an opportunity to contribute to the creation of affordable housing and sustainable communities while earning a modest return.

Development Strategy

  • Partner with mission-aligned landowners to avoid up-front land costs.

  • Maximize housing affordability while achieving target returns of impact investors.

  • Use new state laws to eliminate most entitlement risk and reduce costs.

  • Further reduce risk by underwriting to below-market rents.

  • Reduce cost of development, design, and GC services.

  • Work with local contractors and help expand the construction workforce.

  • Employ new approaches to environmental sustainability to reduce longer-term costs.

Example Investors & Funders

  • Dignity Health

  • Community Foundation Santa Cruz County

  • Silicon Valley Community Foundation

  • Central CA Alliance for Health

  • Adrian Dominican Sisters Religious Communities Investment Fund

  • Santa Cruz County Bank

  • First Capital Bank

  • Bay’s Future Fund/Bay Area LISC

  • Facebook

  • US Dept. of Housing & Urban Development

  • Over 200 individuals

Land Partnerships

New Way Homes provides a pathway for mission-aligned land owners to own new rental housing without putting down any capital, nor taking on the responsibility of development and construction.

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We often hear:

“We’re not developers, but we want to use our land to help our community.”

Thousands of organizations would like to build housing, but they often lack the capital and expertise to pursue a project. Most nonprofit landowners aren’t a fit for typical development models. New Way Homes can help.

Common Partners

  • Churches

  • Social Service Providers

  • Organizations and individuals with underused land who share our mission

The United States has a housing crisis. Let’s work together to solve it.

Every year, millions of people lose their housing or become impoverished by housing costs. Nowhere is the problem worse than in California.

Demand for housing has outpaced building in California for decades. Market rate development and publicly funded affordable housing can’t keep up.

Learn More About The Housing Crisis⟶

 
The Increasing Affordability Gap

Market Rent

Our Team

Experienced, Community Focused, Mission Driven. We are a diverse team motivated to making a difference.

More About Us ⟶

“Building the future of affordable housing is the type of mission everyone can get behind, and Sibley has the background and resources to execute. New Way Homes is also innovating the charitable housing model by leveraging new sources of capital in order to develop much needed units and provide affordable housing.”

Stefan Opsal
COO at RendezView.io. Ex VC at Sultan Ventures.