Jubilee Baltimore
Jubilee Baltimore is a 501(c)(3) nonprofit community development organization founded in 1980 that develops affordable housing, market-rate housing, and commercial real estate in Baltimore, with specialization in historic renovation and neighborhood-scale planning, serving residents, artists, and legacy homeowners across 26+ neighborhoods.
- Company typePrivate
- Founded1980
- HeadquartersBaltimore, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Jubilee Baltimore does
Jubilee Baltimore, Inc. is a 501(c)(3) nonprofit community development organization founded in 1980 and headquartered at 25 East 20th Street in Baltimore's Station North neighborhood. The organization develops affordable housing, market-rate housing, and commercial real estate, with particular specialization in historic renovation and neighborhood-scale planning. It has produced more than 380 affordable housing units (across at least 8 Low Income Housing Tax Credit projects totaling $45 million in project value), 450 market-rate housing units, 185 historic houses rebuilt, 69 multi-family commercial projects, and 21 public spaces, with cumulative project investment exceeding $215 million across 26+ Baltimore neighborhoods.
The organization's service portfolio spans four core lines: Affordable Housing Development, Market-Rate Housing Development, Commercial Property Development, and Historic Preservation. These are supported by the Healthy Neighborhoods loan program (offering low-interest purchase and rehab loans, with $4M+ brokered) and the Legacy Resident Home Repair Program (launched 2015). Flagship developments include The Centre (a $19 million, 66,000 sf historic renovation housing JHU film programs, MICA, Baltimore Jewelry Center, Sparkypants Studios, Impact Hub, and the Center for Neighborhoods), City Arts (2010, 69 units of artist-targeted affordable housing), and City Arts 2 (2016). Revenue and project financing derive from a combination of Low Income Housing Tax Credits, Historic Tax Credits, New Markets Tax Credits, Maryland Community Investment Tax Credits, bank loans, HUD Choice Neighborhoods funding, individual donations, and development fees.
Jubilee operates with a small core staff of 1-10 professionals and is governed by a Board of Directors that includes representatives from City First Bank, Ballard Spahr, and WorkShop Development. Its go-to-market approach is community-led: the organization reaches beneficiaries through direct engagement with neighborhood associations, community development corporations (including the Midtown Development Corporation, which Jubilee staffs), volunteer-driven planning efforts (200+ volunteers on Midtown plan), and partnerships with CDFIs, financial institutions, and government programs. The organization is distinctive among Baltimore nonprofit developers for its capacity to perform both planning and development across all three real estate product types (affordable, market-rate, commercial) under one roof.
Jubilee Baltimore firmographics
Firmographics- Name
- Jubilee Baltimore
- Legal name
- Jubilee Baltimore, Inc.
- Website
- https://jubileebaltimore.org
- Company type
- Private
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Jubilee Baltimore is a 501(c)(3) nonprofit community development organization founded in 1980 that develops affordable housing, market-rate housing, and commercial real estate in Baltimore, with specialization in historic renovation and neighborhood-scale planning, serving residents, artists, and legacy homeowners across 26+ neighborhoods.
- Ownership category
- akta.pro rank
Jubilee Baltimore industry classification
Industry- Product category
- Nonprofit Community Real Estate Development
- NAICS
- Residential Remodelers (236118), Residential Building Construction (2361), New Multifamily Housing Construction (except For-Sale Builders) (236116), Commercial and Institutional Building Construction (236220), Land Subdivision (2372)
- SIC
- General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552), Non-Operating Establishments (9995)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industries
- Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE), Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ), Historic Home Renovation & Preservation (HSAPAEAG), Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI), Public Housing & Social Housing Development/Modernization Programs (FSALAKAH)
Keywords
Where Jubilee Baltimore is headquartered
LocationHeadquarters
- HQ city
- Baltimore
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Jubilee Baltimore business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Others
Revenue model
- Real Estate Development Services: Jubilee develops affordable housing, market-rate housing, and commercial properties, generating revenue through development fees, property management, and project-based financing.
- Donations and Charitable Contributions: As a 501(c)(3) nonprofit, Jubilee Baltimore receives donations from individuals and organizations. Donations of $500 or more qualify for Maryland Community Investment Tax Credits equal to 50% of the contribution.
- Tax Credit Programs: Jubilee leverages various tax credit programs including Historic Tax Credits, Low Income Housing Tax Credits, and New Markets Tax Credits as part of project financing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Healthy Neighborhoods Loans - Low-interest purchase and rehab loans for eligible homeowners |
| Other | One time/ perpetual license | Community Investment Tax Credit - For donations of $500 or more |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Jubilee Baltimore product offering
Product offeringCore offering
Jubilee Baltimore develops affordable housing, market-rate housing, and commercial real estate in Baltimore neighborhoods, with extensive experience in historic renovation. The organization also organizes and manages community planning efforts, administers low-interest purchase and rehabilitation loans through its Healthy Neighborhoods program, and runs the Legacy Resident Home Repair Program for low-income legacy homeowners. Its work targets neighborhood revitalization across 26+ Baltimore neighborhoods.
Product overview
Jubilee Baltimore is a nonprofit community development organization offering a comprehensive portfolio of housing and neighborhood revitalization services. The organization operates four core service lines: Affordable Housing Development (380+ units via Low Income Housing Tax Credits), Market-Rate Housing Development (450+ units, $150M in project value), Commercial Property Development (including The Centre), and Historic Preservation/Renovation. Supporting programs include the Healthy Neighborhoods loan program (offering low-interest loans and grants across five neighborhoods) and the Legacy Resident Home Repair Program for low-income homeowners. Their flagship projects include The Centre (a 66,000 sf arts and innovation hub), City Arts, and City Arts 2 (two affordable housing buildings for artists totaling 69+ units). The organization functions as a single integrated service offering rather than a platform-plus-modules architecture.
Differentiator
Problem solved
Functional benefit
Products and services
- Affordable Housing Development Development of affordable housing units for low and moderate income residents, financed through Low Income Housing Tax Credits. Jubilee has developed more than 380 units of affordable housing and pioneered the development of stable, mixed-income neighborhoods.
- Market-Rate Housing Development
Quantifiable outcome
- 500% property value increase in target neighborhoods 2001-2006
- +4 more outcomes
Companies that use Jubilee Baltimore
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
Jubilee Baltimore technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Jubilee Baltimore partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Property ConsultingcorePartner with Jubilee Baltimore to purchase and redevelop the former Robbins Dancing building in Station North Arts and Entertainment District.
- City Arts Residents (original)minorOriginal City Arts residents said 'YES!' to living on Greenmount Avenue, validating the concept for City Arts 2 development.
- Goody Clancy & AssociatescoreProfessional planning team hired for Central West Baltimore Plan, working with coalition of five neighborhoods organized by Jubilee.
- Homes for AmericacorePartnered with Jubilee Baltimore to develop City Arts, providing 69 units of affordable housing for artists in Greenmount West/Station North Arts and Entertainment District.
- TRF Development PartnerscoreCo-developer with Jubilee Baltimore on City Arts project for artist affordable housing in Baltimore.
- Central Baltimore PartnershipcoreJubilee works closely with this partnership implementing comprehensive community development strategy for Central Baltimore area including multiple neighborhoods.
- Midtown Development CorporationcoreJubilee staffs this organization formed to lead development in Midtown Baltimore. Jubilee led the planning effort and organizes community-based planning with 200+ volunteers.
- Midtown Community Benefits DistrictcoreHired Jubilee Baltimore to make a strategic plan for four Midtown neighborhoods; led to formation of Midtown Development Corporation which Jubilee staffs.
Scale indicators14 records
Recent moves6 records
Expansion highlights5 records
Jubilee Baltimore competitors and assessment
Company assessmentDirect peers
- Healthy Neighborhoods Inc. Baltimore-area nonprofit providing low-interest home purchase and rehab loans in designated neighborhoods. Directly comparable to Jubilee's Healthy Neighborhoods loan program with overlapping service area and resident segments.
- Enterprise Community Partners: National nonprofit that develops and finances affordable housing and community development projects, including in Baltimore. Directly comparable as a nonprofit affordable housing developer leveraging LIHTC and NMTC at scale.
- Central Baltimore Partnership: Coalition-based community development organization implementing a comprehensive revitalization strategy for Central Baltimore. Jubilee works closely with this partnership, and the organizations share a planning-plus-development mission.
- Habitat for Humanity of the Chesapeake: Regional Habitat affiliate serving Baltimore, focused on affordable homeownership, home repair, and neighborhood revitalization. Directly comparable nonprofit model serving similar low-income resident segments in overlapping geographies.
- Homes for America: Maryland-based nonprofit affordable housing developer. Co-developed City Arts with Jubilee Baltimore, indicating a directly comparable operating model in multifamily affordable housing across the Mid-Atlantic.
- BRIDGE Housing: West Coast nonprofit affordable housing developer producing mixed-income rental and for-sale housing. Comparable as a nonprofit affordable housing developer of multifamily rental and mixed-income communities at scale.
- Midtown Development Corporation: Baltimore community development corporation that Jubilee staffs and leads. Closely aligned in mission and operations as a place-based CDC doing planning and development in Midtown Baltimore.
- ReBUILD Metro: Baltimore-based nonprofit focused on affordable housing development and historic renovation of vacant properties in East Baltimore. Direct local peer with overlapping focus on transforming disinvested neighborhoods using historic and low-income housing tax credits.
- Bon Secours Community Housing: Baltimore-based nonprofit affordable housing developer working in West Baltimore neighborhoods. Directly comparable as a mission-driven nonprofit developer of affordable and mixed-income housing in overlapping Baltimore geographies.
Broad incumbents
- Local Initiatives Support Corporation (LISC): Large national CDFI and community development intermediary that funds and supports local CDCs in affordable housing and neighborhood revitalization. Comparable operating model but at much larger scale and broader geographic footprint.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Jubilee Baltimore social profiles
Digital presenceJubilee Baltimore financial estimates
Financial estimateRevenue estimate
Valuation estimate
Jubilee Baltimore leadership team
Management profileNumber of profiles
Profiles2 records
Jubilee Baltimore funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Jubilee Baltimore M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Jubilee Baltimore
What does Jubilee Baltimore do?
Jubilee Baltimore develops affordable housing, market-rate housing, and commercial real estate in Baltimore neighborhoods, with extensive experience in historic renovation. The organization also organizes and manages community planning efforts, administers low-interest purchase and rehabilitation loans through its Healthy Neighborhoods program, and runs the Legacy Resident Home Repair Program for low-income legacy homeowners. Its work targets neighborhood revitalization across 26+ Baltimore neighborhoods.
Is Jubilee Baltimore a public or private company?
Jubilee Baltimore is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Jubilee Baltimore founded?
Jubilee Baltimore was founded in 1980. It employs 1 to 10 people.
Where is Jubilee Baltimore based?
Jubilee Baltimore is headquartered in Baltimore, United States, in the North America region.
How does Jubilee Baltimore make money?
Three revenue lines are on record. Real Estate Development Services are the primary driver. The others are donations and Charitable Contributions and tax Credit Programs.
Who are Jubilee Baltimore's main competitors?
Direct peers on record are Healthy Neighborhoods Inc., Enterprise Community Partners, Central Baltimore Partnership, Habitat for Humanity of the Chesapeake, Homes for America, BRIDGE Housing, Midtown Development Corporation, ReBUILD Metro and Bon Secours Community Housing. Local Initiatives Support Corporation (LISC) is listed as a broad incumbent.
Does Jubilee Baltimore have an API?
No public API is recorded for Jubilee Baltimore.
What industry is Jubilee Baltimore in?
Jubilee Baltimore's product category is Nonprofit Community Real Estate Development. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAIANAE, Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives). Its NAICS code is 236118 and its SIC code is 1520.