Our Projects
Our current project pipeline consists of not only the projects below totaling approximately 370 housing units: 3 in Alameda County, 4 in Santa Cruz County, 1 in Monterey County ranging from early stage planning to completion, but numerous other projects in the acquisition and conceptual stages as well. We are currently considering partnership opportunities in the San Francisco and Monterey Bay Regions. If you are considering a housing development project and would like to discuss partnership options, please get in touch.
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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.
