North East Housing Initiative

What North East Housing Initiative does

North East Housing Initiative (NEHI) is a nonprofit 501(c)(3) community land trust founded in 2014 and headquartered in Baltimore, Maryland. The organization is dedicated to providing permanently affordable shared equity housing in North East Baltimore by acquiring and rehabilitating vacant, abandoned, and foreclosed properties and placing the underlying land into a community land trust so that homes remain affordable in perpetuity upon resale. NEHI serves households earning at or below 120% of Area Median Income — a notably higher threshold than the 80% AMI cap used by most affordable housing organizations — with named beneficiaries across multiple phases of development.

NEHI's core products include Community Land Trust Management, the Homebuyer's Choice Program (launched 2022, offering up to $120,000 in financial assistance grants per qualified homebuyer with DHCD Affordable Housing Trust Fund approval), HUD-approved Housing Counseling (pre-purchase, credit coaching, rental, and post-purchase support), a free Home Buyer's Workshop, and a Stewardship Program with a tool library and repair workshops. The organization also operates NEHI Construction LLC, a wholly-owned subsidiary providing deep-subsidy home repairs (e.g., roof replacement) to families at or below 50% AMI, and runs complementary community programs including the Bellxcel youth empowerment program, Pocket Parks, 4x4 Community Cleanups, and a Tree Planting Initiative. NEHI has completed or has underway 8 phases of affordable housing development, with a Phase 8 groundbreaking announced in 2026.

The business model is that of a nonprofit community land trust: NEHI does not generate commercial product revenue in the traditional sense but is funded through donations, government grants, and philanthropic support. Only one funding event is explicitly disclosed — a $300,000 grant from the City of Baltimore dated August 2022. The organization pursues a community-led, event-driven go-to-market motion through Home Buyer's Workshops, HUD-approved one-on-one housing counseling, 4x4 Community Meetings, Senior Club gatherings, and partnerships with government agencies, financial institutions (Fannie Mae, Fulton Bank), and community organizations (Civic Works, Neighborhood Design Center, Catholic High School, BGE, the 20/20 Campaign). NEHI is led by President & CEO Garrick R. Good, JD, MBA, CFRE, with a small staff of approximately 7 supported by a board chaired by Danise Jones-Dorsey.

Name

North East Housing Initiative

Legal name

North East Housing Initiative, Inc.

Website

https://nehihomes.org

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

North East Housing Initiative is a nonprofit 501(c)(3) community land trust in North East Baltimore that transforms vacant and foreclosed properties into permanently affordable shared-equity homes for households earning at or below 120% of Area Median Income, offering grants up to $120,000, HUD-approved housing counseling, and a construction subsidiary for deep-subsidy home repairs.

Ownership category

akta.pro rank

Headquarters

HQ city

Baltimore

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain, Others

Revenue model

1. Donations and Grants: NEHI operates as a 501(c)(3) nonprofit organization funded primarily through donations and grants. The organization accepts charitable contributions through its Network for Good portal and likely receives funding from government grants and private foundations.
2. Donations for Youth Programs: NEHI receives donations specifically designated for youth empowerment programs, including the Bellxcel Program at the New Community Center, which supports children's enrichment activities.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

NEHI creates and manages a Community Land Trust that converts vacant, abandoned, and foreclosed properties into permanently affordable shared-equity homes for households earning at or below 120% of Area Median Income in North East Baltimore. Its flagship Homebuyer's Choice Program provides up to $120,000 in down-payment assistance grants, supported by HUD-approved housing counseling, free Home Buyer's Workshops, and a Stewardship Program (tool library, repair workshops, Pocket Parks, tree planting). A wholly-owned construction subsidiary, NEHI Construction LLC, delivers deep-subsidy critical home repairs for very low-income families at or below 50% AMI.

Product overview

NEHI operates as a nonprofit 501(c)(3) community land trust offering a comprehensive suite of affordable housing programs. The core offerings include Community Land Trust Management, the Stewardship Program, Home Buyer's Workshop, the Homebuyer's Choice Program (with up to $120,000 in grants), and HUD-approved Housing Counseling. Supporting services include NEHI Construction LLC for critical home repairs, the Bellxcel youth program, and community development initiatives like Pocket Parks, 4x4 Community Cleanups, and Tree Planting. The organization also publishes monthly newsletters and maintains a Community Connection blog. NEHI targets residents with AMI of 120% and below, distinguishing itself by serving higher income brackets than typical housing organizations (which assist up to 80% AMI).

Differentiator

Problem solved

Functional benefit

Products and services

• Community Land Trust Management Creates and manages community land trusts that provide permanently affordable shared-equity housing, balancing individual land access with long-term community affordability, economic diversity, and access to services. For low-to-moderate income (≤120% AMI) households in North East Baltimore.
• Homebuyer's Choice Program Program allowing qualified prospective buyers to purchase a home anywhere in Baltimore City and place the land beneath it in trust, with up to $120,000 in financial-assistance grants to lower the cost of buying a home. For households qualifying under NEHI/DHCD eligibility (≤120% AMI).
• HUD-Approved Housing Counseling

Quantifiable outcome

• Up to $120,000 in financial assistance grants available per qualified homebuyer through Homebuyer's Choice Program
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core, minor and major.

• BGE (Baltimore Gas and Electric)coreStrategic or Co-development Partner · 1 January 2026BGE partnership announced in January 2026 newsletter to expand access to affordable community solar energy for NEHI residents and community members. This partnership supports energy affordability and sustainability goals for the North East Baltimore community.
• Frontline ManagementminorStrategic or Co-development Partner · 1 October 2024Angela LaPrade of Frontline Management featured in October 2024 newsletter interview. Management company may provide operational or administrative support for NEHI programs.
• Neighborhood Design CenterminorStrategic or Co-development Partner · 1 July 2024Partnership with Neighborhood Design Center, featuring Executive Director Jennifer Goold interview in July 2024 newsletter. Organization likely provides design and planning expertise for community development projects.
• SHAREminorStrategic or Co-development Partner · 1 October 2023SHARE's Director of Operations Cynthia Keenan featured in March 2023 newsletter. SHARE is a community partner organization supporting housing and community development initiatives.
• Civic WorksmajorStrategic or Co-development Partner · 1 January 2023Partnership with Civic Works, CHM, and Darley Park for the Baltimore Clean Corps Initiative. Civic Works provides Clean Corps Program management and workforce development opportunities for community members.
• Fannie MaecoreGTM or Marketing PartnerFannie Mae partnership provides Homebuyer's Choice clients with access to the HomePath website for finding eligible properties and HomeView homebuyer education resources. This enhances NEHI's ability to connect buyers with quality homes.
• Catholic High School of BaltimoreminorStrategic or Co-development PartnerOngoing collaboration with Catholic High School for community events including the annual 4x4 Holiday Event and various student involvement opportunities.
• 20/20 CampaignmajorStrategic or Co-development PartnerNEHI helped launch and supports the city-wide 20/20 campaign to finance permanently affordable housing. This citywide coalition advocates for and coordinates funding for community land trusts across Baltimore.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Baltimore Community Land Trust: Citywide Baltimore CLT that creates and stewards permanently affordable homeownership using the same shared equity model as NEHI. Directly comparable in mission, geographic market, and core product (CLT home creation).
• Habitat for Humanity Baltimore: Nonprofit affordable homeownership organization serving Baltimore with sweat-equity and affordable home construction. Comparable in serving low-to-moderate income first-time buyers through subsidized homeownership pathways.
• St. Ambrose Housing Aid Center: Baltimore-based nonprofit providing affordable housing development, housing counseling, and home repair services for low-income residents. Directly comparable in service mix (counseling, rehab, affordable homeownership) and Baltimore market.
• Civic Works: Baltimore community development nonprofit partnering with NEHI on the Clean Corps Initiative. Operates real estate development, weatherization, and workforce programs serving low-income Baltimore residents.
• Rebuilding Together Baltimore: Baltimore nonprofit providing no-cost critical home repairs for low-income homeowners, directly comparable to NEHI Construction LLC's deep-subsidy repair program for very low-income households.

Broad incumbents

• Champlain Housing Trust: The largest community land trust in the United States, based in Burlington, Vermont. Comparable in CLT shared-equity model and stewardship programs, though operating at significantly larger scale.
• Grounded Solutions Network: National membership organization supporting CLTs and shared equity homeownership programs across the U.S. NEHI is connected through the 20/20 campaign and broader CLT ecosystem.
• Enterprise Community Partners: National nonprofit that develops and preserves affordable housing across the U.S. Comparable in affordable housing development mission and Baltimore presence, though operating at much larger scale and broader geographic scope.

Regional players

• Homes for America: Mid-Atlantic nonprofit affordable housing developer and operator serving Maryland and neighboring states. Comparable in multifamily affordable housing development mission, though not operating as a CLT.
• Belair-Edison Community Development Corporation: Baltimore neighborhood-based CDC focused on housing and community development in the Belair-Edison area, adjacent to NEHI's North East Baltimore footprint. Comparable as a community-rooted affordable housing and revitalization nonprofit.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/NEHIhomes
• Instagraminstagram.com/nehihomes
• LinkedInlinkedin.com/company/nehihomes

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about North East Housing Initiative