About Growth

What is GROWTH?

GROWTH is an initiative of the NCRC, designed to create pathways to homeownership for low- and moderate-income (LMI) families and improved property values for LMI communities. The initiative purchases, renovates and sells homes in LMI neighborhoods or to LMI families through its impact investment-driven fund known as the NCRC Housing Rehab Fund. The program also offers lease-to-own opportunities to those families who can sustain mortgage payments but may not qualify for conventional financing immediately.

GROWTH is designed to achieve three main objectives:

  • Build an inventory of affordable, secure homeownership options for LMI families through targeted investment in their communities.
  • Provide housing and financial capability counseling to qualified homebuyers.
  • Create construction jobs and workforce apprenticeship opportunities in those communities, as well as provide workforce readiness training.

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