Newport Beach Housing Trust

The Newport Beach Housing Trust (NBHT) will be a catalyst for new rental and ownership housing by:

 Serving as an intermediary between investors and developers  Assembling capital from public, private, and philanthropic sources
 Extending flexible loans on housing developments that otherwise would not be funded
 Providing technical assistance to developers of affordable and missing-middle housing nurturing community partnerships to increase impact

The Newport Beach Housing Trust will provide the kind of financing tools developers need but are sometimes considered too risky for traditional lenders. Examples are land banking, pre-development activities, and construction. Making capital available at these early stages of a project could make all the difference for a variety of workforce and affordable rental housing developments, for senior independent living properties, and even accessory dwelling units.

NBHT will also coordinate and seek partnerships with other housing organizations in the region, to be sure that program offerings are complementary and additive.