2024-2025 Annual Report
This year, NHS of New Haven expanded affordable homeownership, advanced energy-efficiency upgrades, and strengthened neighborhood investment through real-estate development. Across our programs, we helped more families secure stable housing, reduce energy burdens, and build generational wealth.
We’re proud of our progress and partnerships that keep our mission moving forward. Our 2025 Annual Report is now available and ready for you to learn more about our impact!
WE’RE INVESTING IN NEW HAVEN’S NEIGHBORHOODS
NHS of New Haven is revitalizing New Haven’s neighborhoods with a holistic approach to development that merges community building with direct service.
Catch up on what’s new!
TAKE A CLASS!
HomeOwnership Center Classes
Homebuyer education, landlord classes, financial fitness, pre-closing class, and Personal Finance Boot Camp (PFBC) coming soon.
There’s more to buying your first home than finding a realtor. You’ll discover each step in the process of becoming a homeowner. Learn from our guest experts, including loan officers, home inspectors, realtors, and attorneys, who will provide information and tools to prepare you for the home buying process. Our HomeOwnership Center team is here to help!
AFFORDABLE REAL ESTATE DEVELOPMENT
NHS HOMES
NHS creates affordable housing through ground-up new construction or by rehabilitating historic homes.
Houses are then sold to first-time homebuyers at a fraction of the cost of developing them. First-time buyers, especially low-income families striving to achieve homeownership, are one of the client populations that we serve. These are typically two-family houses, designed to help generate income. Homebuyers are poised to thrive in this environment after completing our free and required homebuyer education courses.
OUR IMPACT ON NEW HAVEN OVER 45 YEARS
Affordable Housing
We renovate distressed homes and undertake new construction projects to provide housing for hundreds of families in underserved neighborhoods of New Haven.
Resident Leadership
We help residents develop leadership skills to enrich the neighborhoods we serve. Many graduates are launching community building projects throughout the city.
Education
We teach hundreds of people how to maintain their homes, save energy, and practice healthy, sustainable gardening and landscaping.
“This program is one of the best programs going in New Haven. And I’ve been telling people all about it ever since. You got me back in the saddle again and back to being a homeowner. Thank you.”
– La’Rie McGruder, Homebuyer
WE STRENGTHEN NEIGHBORHOODS
“People need quality housing, and they need ongoing support.”
– Stephanie FitzGerald, NHS donor
WE BUILD AFFORDABLE HOUSING
“It was truly a long road, but I am so very grateful and thankful for you.”
– Shareema Bowman, Newhallville
AFFORDABLE REAL ESTATE DEVELOPMENT
NHS creates affordable housing through ground-up new construction or by rehabilitating historical homes. These houses are then sold to first-time homebuyers at a fraction of the cost of developing them. First–time buyers, especially low-income families striving to achieve homeownership, are the client population we serve. This is made possible with financial support from the community.
The average selling price of an NHS-renovated two-family home is $260,000. The average cost to purchase, fully rehab, and landscape this home, or to construct a two-family home, typically exceeds $500,000.
NHS obtains subsidies to reduce these costs, providing buyers with homes they can afford. We pride ourselves on the subsidy packages that we are able to assemble, and the support from generous donors makes it possible for us to continue to obtain these subsidies. Homeownership is a key to neighborhood stability, which is an essential part of our mission.
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