About Homefree Usa
Building the foundation to close the wealth gap through financial education and homeownership guidance
Focus Areas
homeownership counseling and educationdownpayment assistanceaffordable housing developmentfinancial literacy and credit educationHBCU workforce developmentforeclosure prevention
Who They Fund
low- and moderate-income potential homeownersprospective homebuyers (including first-time buyers)
Funding Style
capital project supportproject-based fundingasset acquisition & renovation
About Homefree Usa
Homefree USA Inc uses major property acquisitions to support low- and moderate-income potential homeowners. Its largest recent grant was $7,077,082 to the Natl Asian American Coalition in Daly City, California, for property purchased for renovation and sale to those buyers, and similar real-estate transactions appear repeatedly in the recent grants list. The pattern points to a funder that mixes housing counseling with capital support for housing supply, rather than relying only on small service grants. The foundation’s recent awards also show recurring support for organizations that help households navigate home purchase readiness and foreclosure-related strain. In Los Angeles, West Angeles Cdc received $470,778 and West Angeles Community Development Corp received $469,475 for the same renovation-and-sale purpose, while Cambridge Credit Counseling in Agawam, Massachusetts received $1,092,079 for a property purchase tied to the same model. Those grants suggest a strategy built around buying, rehabilitating, and placing housing while also using counseling partners to help prospective homeowners qualify.
What Homefree Usa Funds
Affordable housing development is one of the clearest threads in Homefree USA Inc’s recent giving. It provided $1,869,500 to Inland Empire in Highland, California for property purchased for renovation and sale to low- and moderate-income potential homeowners, and $263,310 to Shalom Center for T R E E of Life in Los Angeles for the same purpose. Housing counseling is another visible area. In 2025, the foundation gave $542,000 to Cambridge Company in Agawam, Massachusetts for Housing Counseling Assistance, and $133,507 to HELP Community Development Corporation in Maitland, Florida for Housing Counseling Services. The portfolio also includes local community partners tied to homebuyer support. Real Estate Education and Community Housing in Palm Beach, Florida received $204,557 for property purchased for renovation and sale, while Neighborhood Home Solutions in St Petersburg, Florida received $136,479 for the same type of work.
How Homefree Usa Gives
Typical grants are mid-sized rather than token awards, with a p25 of $51,312, a median of $86,925, and a p75 of $147,952. The recent list also includes several much larger property-acquisition grants, indicating a split between standard counseling or support awards and larger capital-focused transactions. The grants appear to be mostly project-based and tied to direct housing work, especially purchase, renovation, and resale of properties for low- and moderate-income buyers. There is also repeat funding to some recipients across years, including multiple awards to Inland Empire, Cambridge Credit Counseling, and HELP Community Development Corporation. The organization makes program-related investments and operates with a national geographic scope.
Financial Snapshot
Annual Giving
$2.3M
Total Assets
$12.2M
Total Revenue
$11.3M
Total Expenses
$11M
Typical Grant Size
Most grants fall between $51K and $148K, with a median of $87K.
25th Percentile
$51K
Median
$87K
75th Percentile
$148K
Geographic Reach
National20 states funded
About 7% of grants go to recipients in CA.
Funding intensity
LowHigh
Headquarters
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