Nearly half of all renters in the region spend more than 30% of their income on rent. WHC uses an innovative mix of low-cost private capital, traditional financing, and philanthropic support to compete with private developers. Since 2019, it has purchased five mixed-income rental properties, keeping housing stable and affordable for more than 2600 residents (over 70% of whom are people of color). Its rent relief fund helps residents address immediate needs, while a credit reporting service allows residents to establish credit and improve their score by paying rent below market rate. Most residents have decreased their debt, increased their savings, and improved their housing stability. With some 220,000 households in the region at risk of displacement, WHC’s timely and sustainable model ensures that properties remain affordable for decades to come.
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Awards & Recognition
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Budget (FY0)
- $3 million or higher
- $1 million to $3 million
- $500k to $1 million
- Less than $500k
Catalogue charities range in size from $100,000 to
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