{"data":{"type":"company_profile_ai","id":55469,"entity_id":"wefunder:company:55469","attributes":{"canonical_url":"https://wefunder.com/new.way.homes","retrieval_urls":{"canonical":"https://wefunder.com/new.way.homes","json":"https://wefunder.com/new.way.homes.json","markdown":"https://wefunder.com/new.way.homes.md","ai_json":"https://wefunder.com/new.way.homes.ai.json","ai_text":"https://wefunder.com/new.way.homes.ai.txt","changelog_json":"https://wefunder.com/new.way.homes.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-04T05:02:16Z","generated_at":"2026-06-05T04:11:01Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":55469,"entity_id":"wefunder:company:55469","slug":"new.way.homes","name":"New Way Homes","tagline":"A new, scalable solution for creating affordable and below-market-rate housing","elevator_pitch":"New Way Homes funds and creates below-market-rate rental housing:\u0026nbsp;affordable, workforce, supportive, and other discounted housing that is all financially sustainable.\u0026nbsp; We are proving a scalable new model for filling the HUGE housing production gap.\u0026nbsp; We often partner with non-profit land owners like churches who have available land for mission-driven housing. 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We do not compete for the scarce, government dollars for housing construction that are already fully used.\u0026nbsp;","story":"In many regions, housing is too expensive, leading to rapidly increasing displacement, homelessness, length of commutes, overcrowding, and poverty. These changes affect everyone but are disproportionately displacing and burdening lower-income communities of color—the same communities that have long faced housing discrimination. New Way Homes creates new below-market-rate, affordable, and supportive housing by pairing private impact investment with non-profit landowners and new development strategies. A majority of our current and future projects are partnerships with black churches, with those organizations gaining the long-term full ownership of the housing.\u0026nbsp;Sibley, President of New Way Homes, co-founded an initiative that has helped over 950 chronic and veteran homeless individuals into permanent housing in Santa Cruz County alone. But, homelessness continues to rise. California now has the highest poverty rate in the US (including housing costs) at 23.8% and rising. Yet, the state is building only about half the housing each year needed just for new demand.We re-designed the housing development structure from the ground up to create less expensive housing. Here’s how our model works:We've seen our community being torn apart. Just in Santa Cruz, we have half the families with young children than we had 20 years ago. We have less economic and racial diversity. We have more people becoming homeless — even those who have and keep employment. We have teachers commuting for hours because they can’t afford to live in their school districts. Every one of these problems trace back in part to the same thing — our housing crisis. It is causing or making each of these challenges much worse. Working on any of these problems directly without also solving the housing crisis is not enough. Our country needs a housing industry that can meet demand while also being equitable and putting people first.So in 2015, Sibley founded New Way Homes to be a big part of the solution to the underlying problem of housing affordability.We need far more housing and to have that housing really help people live affordably…. So, we’re building it! Our first 19 units (all either supportive housing or low-income affordable housing) are fully approved and being constructed. Our next 6 projects are under design and permitting - these projects include over 300 units ranging from very low-income housing to moderate-income housing for people like teachers, nurses, and so many other essential jobs in our community.Having succeeded in getting our first projects fully approved and funded, we are now raising capital to accelerate our work. We're ready to create these next 6 projects AND start engaging with dozens of other non-profit landowners who have already come to us. Here are some of the projects we're working on.We are actively exploring potential projects with churches, schools, cultural organizations, and many other parties. With your help, we're ready to accelerate this work. We hope you will be a part of our effort to create a new part of the housing industry. By lending New Way Homes funds for 10 years, you'll get a steady, annual interest payment and help solve one of the biggest underlying problems our society faces.","quick_facts":["You can make impact now. 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to be clear, if I were to invest via this form, it would not be a donation, right? I could expect to get my investment back plus 4.25% interest (with a certain degree of risk, of course)? It very much seems that this is the case, but wading through all the financial termi...","answer":"Wren, yes,\u0026nbsp;you are right!\u0026nbsp; Even though we are a 501c3 nonprofit, these are not donations (and so\u0026nbsp;not tax deductible). \u0026nbsp;The principal is due back to you at the end of the approximately 10-year time period. \u0026nbsp;We can pay that back because construction or permanent financing pays the $ from projects back to the NWH fund. \u0026nbsp;Our first two projects have already done this payback to the fund, and that capital is being reused on next projects. \u0026nbsp;Thank you so much for yo..."},{"question":"Great idea. I truly appreciate that. I would had invested if it was not a Loan. I only prefer equity in the company.....","answer":"Thanks Sagar. \u0026nbsp;Of course as a nonprofit,\u0026nbsp;there is no equity ownership in our org by\u0026nbsp;anyone. \u0026nbsp;But I appreciate the positive comment about the mission."},{"question":"When does this investment opportunity close. And do the payouts begin Ten Years After one invest","answer":"Paul, we don't have an exact plan for that - we're seeing how this goes. As I understand it, the legal limits are a) we have to close the campaign by a date in early March at the latest, and b) the maximum we can raise in crowdfunding is $1,070,000. Since housing takes a lot of $ and we have many opportunities to do great housing projects, we may well keep the campaign open until we hit one of those limits or the other. On your second question - the payouts begin in year 1. We pay out in Q1 o..."},{"question":"Hi Sibley! Are there any plans for New Way Homes to expand outside of California? Meaning, would you eventually like to build homes in other states?","answer":"Thanks A.J.\u0026nbsp;\u0026nbsp;There are not such plans today.\u0026nbsp; While I\u0026nbsp;wouldn't rule it out completely, the fact is that CA needs over 2 million more homes for its population today, so it's hard to see past that.\u0026nbsp;\u0026nbsp;That said, we want to maximize our impact.\u0026nbsp;\u0026nbsp;I could see us approaching this in a couple ways once we have larger-scale proven success in CA.\u0026nbsp; Here are my quick thoughts.a)\u0026nbsp;us having mission-driven activities that promote helping _other_ people doing ..."},{"question":"A very interesting project. I wish you luck. Sorry if this is an ignorant question, but where does the money come from to repay investors? I saw 'construction funds' in the FAQ, but what does that mean? Isn't that what investors are providing? If not, what exactly are investor...","answer":"Brand,Thanks for asking for clarification.\u0026nbsp; The funds we raise here are used for pre-development, which basically refers to all the work that goes into a project before construction can start.\u0026nbsp;\u0026nbsp;That's the lengthiest part of the project by far and the most uncertain; therefore the hardest part to fund.\u0026nbsp;\u0026nbsp;It includes establishing land partnerships in our case, and then investigation of the site (often environmental studies, surveying, infrastructure studies), then design..."}],"recent_posts":[{"id":144545,"entity_id":"wefunder:feed_item:144545","title":"Live at 10:30: Let's Zoom-Celebrate","preview":"Genesis Worship Center will host an event to tour the new housing and celebrate the near-completion of our 12-unit affordable housing project. The power still needs to be hooked up and final inspection completed before tenants move inZoom in at 10:30 am!\u0026nbsp;Zoom Meeting ID:\u0026nbsp;978 310 7893Password: GWCPS. It's the final countdown. Our crowdfunding offering closes today. Pool your resources with like-minded investors to create our next 350 units!","published_at":"2021-04-30T17:01:52Z","canonical_url":"https://wefunder.com/feed/144545"},{"id":144427,"entity_id":"wefunder:feed_item:144427","title":"Outer Space Already has a Housing Shortage?","preview":"Did you hear the news that the International Space Station did not have enough beds for all the astronauts aboard the station last week? NASA solved the problem by having some astronauts sleep in a return capsule. Wish the housing crisis was that easy to solve here on Earth.Join our community of investors to fund the development of the next 350 affordable homes. 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We've proven our model can work and now w...","published_at":"2021-04-28T23:58:14Z","canonical_url":"https://wefunder.com/feed/144297"},{"id":144243,"entity_id":"wefunder:feed_item:144243","title":"Genesis Worship Center Nears Completion","preview":"Contractors are coming and going in a flurry of activity at Genesis Worship Center! The 12-unit, low-income housing project is nearly a wrap. Here's a sneak peek inside a finished unit. More photos to come later this week...","published_at":"2021-04-25T15:30:16Z","canonical_url":"https://wefunder.com/feed/144243"},{"id":144120,"entity_id":"wefunder:feed_item:144120","title":"We purchased 8930 MacArthur Blvd. in Oakland! With the help of our Wefunder investors.","preview":"New Way Homes is excited to announce a project milestone: We have purchased 8930 MacArthur Blvd., a long-vacant lot in east Oakland! Two-and-a-half years of work is now in the County's approval process for the environmental cleanup plan. We’re proud to be part of environmental justice by cleaning up this contaminated site to create much-needed affordable housing.\u0026nbsp;Thank you to Bay Area LISC and The Partnership for the Bay’s Future for financing this purchase (along with NWH fund investors...","published_at":"2021-04-22T18:16:59Z","canonical_url":"https://wefunder.com/feed/144120"},{"id":143689,"entity_id":"wefunder:feed_item:143689","title":"Invest Funds from Your Retirement Account in New Way Homes","preview":"Did you know that you can invest in New Way Homes' affordable housing projects using your retirement account? Alto\u0026nbsp;helps anyone use retirement savings to invest in alternative assets, including securities-based crowdfunding campaigns, like ours. Simply fund your Alto account with a cash contribution. Then select \"AltoIRA\" as the payment method on the Wefunder investment page to create and link your Alto account. Note that Alto charges a yearly fee.Need help? Here’s an easy guide, or reac...","published_at":"2021-04-08T21:57:51Z","canonical_url":"https://wefunder.com/feed/143689"},{"id":143592,"entity_id":"wefunder:feed_item:143592","title":"Project Update: She's Up!","preview":"In just a few seconds Fresno House Movers construction crew lifted this old girl — a 115-year-old Victorian that has been sitting around not doing much for years. We're transforming her into permanent supportive housing for some folks who have high medical needs and are chronically homeless. She'll have a new foundation and the first floor will be two feet higher to accommodate a full-floor understory.This home will have seven units of stable housing for patients transitioning out of Matters ...","published_at":"2021-04-07T17:53:42Z","canonical_url":"https://wefunder.com/feed/143592"},{"id":142688,"entity_id":"wefunder:feed_item:142688","title":"Calling All Housing Advocates: Housing Element Kickoff - Friday, March 12 - 10am - 11:15am","preview":"Calling All Housing Advocates: Housing Element Kickoff - Friday, March 12 - 10am - 11:15am","published_at":"2021-03-12T15:03:06Z","canonical_url":"https://wefunder.com/feed/142688"},{"id":141947,"entity_id":"wefunder:feed_item:141947","title":"Meet Santa Cruz County‘s new affordable housing advocates. They’re inspiring!","preview":"New Way Homes is excited to work with a great team of housing leaders in Santa Cruz County who advocate for more affordable housing. They've been laying the groundwork, raising funds, and building the organizational framework of Housing Santa Cruz County, a new effort that New Way Homes is fiscally sponsoring. That means we’re doing a bunch of the administrative work so the advocates don’t have to.Please join our kickoff event on February 25 at 4pm to 5pm. California State Controller Betty Ye...","published_at":"2021-02-13T00:21:40Z","canonical_url":"https://wefunder.com/feed/141947"},{"id":141684,"entity_id":"wefunder:feed_item:141684","title":"Oakland Affordable Housing Site Cleanup","preview":"Over the last two weekends New Way Homes has worked with Healthy Communities and neighborhood volunteers to clean trash up on this long vacant site in Oakland. 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