HomeFree-USA creates affordable homeownership opportunities for communities of color.
We launched Project Rebound to help stabilize low-to-moderate income neighborhoods by acquiring, renovating and returning foreclosed and vacant properties to the market as affordable properties for purchase, lease to own or rentals.
The Success of Project Rebound Centers Around Four Elements:
Forming relationships with lenders/servicers that provide a first look at properties and offer properties as a gift or at a substantial discount.
Effectively managing the rehabilitation of properties so that the process runs as smoothly as possible.
Access to mortgage-ready homebuyers positioned to purchase the property immediately upon completion of rehabilitation.
Reaching our goals and achieving income/gross revenue ratio to allow us to continue creating affordable housing opportunities.
HomeFree-USA works directly with neighborhood stakeholders with the ability to conduct grassroots outreach in each targeted community. Our network of partners has the hands-on experience of building, maintaining, and managing housing and community development activities.
Project Rebound Celebrates:
18+ years of experience working with low-to-moderate income neighborhoods, helping individuals and families purchase a home they can afford.
Founder and leader of Project Rebound Coalition that acquired, rehabbed, and sold 800+ homes to LMI homebuyers in such cities as: Kansas City, Tampa, West Palm Beach, Detroit, Chicago, Atlanta, New Orleans, Baltimore, and metro Washington, DC.