New Hope Community Capital
ActivePublic CharityHousing & ShelterMakes PRIs
About New Hope Community Capital
Provides capital for affordable and mixed-income housing and related community development activities by facilitating private equity investments and making grants and loans, including predevelopment grants and loans, and by offering syndication services, financial structuring, and investment monitoring to support nonprofit-sponsored affordable housing.
Focus Areas
Low-income housing tax credit equityAffordable and mixed-income housing developmentPredevelopment lendingCommunity development financeSyndication and investor services for nonprofit housing projects
Who They Fund
low- and moderate-income communitieslow-income familiesChicago neighborhood residents / local communities
Funding Style
community development finance (support for lending/investment)
About New Hope Community Capital
New Hope Community Capital Inc backs affordable housing through capital structures, predevelopment financing, and investment services rather than traditional program grants. In 2025, its largest recent award was $9,875,000 to Washington Pine LLC in Boston to support lending and investment activities in low- and moderate-income communities, showing the scale at which the foundation operates. Another major 2025 grant, $8,797,632 to Garfield Park Wellness Center Support Corporation in Chicago, ties housing finance to community infrastructure, including a wellness center in a neighborhood setting. The foundation also funded 250 Centre Street Housing LLC with $5,946,000 in 2025 and Nannie Helen Owner LLC with $2,987,244 in 2024, both connected to housing development. Its own program language centers nonprofit-sponsored affordable and mixed-income housing, with grants, loans, private equity investments, syndication, and investment monitoring used together to move projects forward. That combination points to a funder focused on transaction support and project capital for community development projects that need structured financing.
What New Hope Community Capital Funds
Affordable and mixed-income housing is the clearest throughline in New Hope Community Capital Inc’s recent giving. It awarded $2,987,244 to Nannie Helen Owner LLC in 2024 to further the grantee’s purpose of developing housing for low-income families, and it also gave $325,000 to Mcculloh Health Center LLC in 2023 for the same general purpose. The foundation’s community development finance work is visible in $70,014 to The Community Builders Inc in 2023, followed by $28,763 in 2025 and $28,021 in 2024, all for community and economic development in Chicago. A related strand is neighborhood infrastructure: $4,550,000 to Wgwc Development Services LLC in 2025 and $800,000 in 2024 both supported the development of the Sankofa Village Wellness Center.
How New Hope Community Capital Gives
Typical awards are sizable: the 25th percentile is $102,818, the median is $325,000, and the 75th percentile is $775,000. The recent list shows both very large transaction-level grants and smaller follow-on awards, suggesting a mix of project capital and targeted support. Several recipients appear in more than one year, including Wgwc Development Services LLC, Atc Commercial Ml LLC, and The Community Builders Inc, which points to recurring project relationships rather than one-off gifts. New Hope Community Capital Inc is a public charity and also makes program-related investments. Its active programs include grants and loans, syndication, and equity investment services. One program accepts unsolicited requests.
Financial Snapshot
Annual Giving
$34.4M
Total Assets
$75.6M
Total Revenue
$38.9M
Total Expenses
$38.2M
Typical Grant Size
Most grants fall between $103K and $775K, with a median of $325K.
25th Percentile
$103K
Median
$325K
75th Percentile
$775K
Geographic Reach
Regional4 states funded
About 57% of grants go to recipients in NY.
Funding intensity
LowHigh
Headquarters
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