NEW DEVELOPMENT CORPORATION

New Development Corporation is a nonprofit organization based in Grand Rapids, Michigan. The organization is comprised of a small team of three employees. New Development Corporation focuses on addressing the Grand Rapids housing crisis through innovative programs designed to increase homeownership opportunities. The organization's primary mission is to help individuals with modest incomes purchase homes. They achieve this by acquiring vacant or dilapidated properties in the northern part of Grand Rapids, renovating them to a high standard, and selling them at affordable prices to qualified buyers who meet specific income requirements. In addition to home sales, New Development Corporation offers educational resources and fosters community inclusion to empower clients throughout the homebuying process. New Development Corporation also operates the GRHomeShare program, a creative housing solution that leverages home-sharing. This program connects homeowners with available space ("providers") with individuals seeking affordable housing ("seekers"). GRHomeShare aims to provide an accessible alternative in a challenging housing market marked by limited availability and rising costs. To learn more about homeownership opportunities, the GRHomeShare program, or the transformative work of New Development Corporation, visit their website at newdevelopmentcorp.org.