Builders of Hope

What Builders of Hope does

Builders of Hope Community Development Corporation (BOHCDC) is a Dallas-based nonprofit community development organization founded in 1998 to develop affordable housing and combat displacement in historically underserved Dallas neighborhoods. The organization constructs and sells single-family homes to low-to-moderate income buyers (60-120% Area Median Income) and, more recently, mixed-income multifamily rentals, using an innovative financing model that delivers an average of $70,000 in instant equity to buyers at closing. Core products include the Hope for Homeownership Center (HUD-certified homebuyer education and counseling at The Shops at RedBird), the Real Estate Development portfolio (current pipeline of 200+ units including Lake June Estates, Trinity West Villas, Valwood Park Revitalization, Mill City, and West Dallas Revitalization), homeowner preservation services (Homestead Preservation Center, Property Tax Assistance Program, home repair grants), and the policy/advocacy layer (the JPMorganChase-funded 'A Right to Stay' Anti-Displacement Toolkit and the Property Tax Reform Policy Guide developed with UT School of Law).

The business model blends several revenue streams: home sale proceeds for affordable units priced in the mid-$200K to low-$300K band, government grants and subsidies (notably a $1.9M City of Dallas grant for Trinity West Villas affordability and $2.5M from Dallas County for Valwood Park), foundation and corporate philanthropic funding (JPMorganChase, Addy Foundation, Wells Fargo, BBVA, The Dallas Foundation), and bank credit facilities (a $5M Benchmark Bank guidance line of credit that reduced per-project build time by 2-3 months). Customer segments include first-time low-to-moderate income homebuyers, legacy residents facing gentrification and displacement in 14 historic-loss neighborhoods, missing-middle households such as teachers and first responders, and West Dallas legacy homeowners needing tax and title assistance. Direct home sales flow through a Housing Director-led intake process; community-driven GTM is reinforced through grassroots listening sessions and neighborhood-level partnerships.

Builders of Hope is the only Certified Community Housing Development Organization (CHDO) in the City of Dallas and Dallas County and is a HUD-certified housing counseling agency. Over 25 years, the organization has built 500+ homes and generated over $30M in wealth for Dallas families, with construction capacity now targeting 40 units per year versus a historical ~20-unit cadence. Recent activity includes multiple product and program launches in 2024-2025, participation in the $6M JPMorganChase PRO Neighborhood / Dallas Collaborative for Equitable Development initiative, and an October 2025 leadership transition to Interim CEO Christopher Lewis following the departure of James Armstrong III.

Name

Builders of Hope

Legal name

Builders of Hope Community Development Corporation

Website

https://bohcdc.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1–10 employees

Short description

Builders of Hope is a Dallas-based nonprofit founded in 1998 that develops affordable single-family and multifamily housing for low-to-moderate income (60-120% AMI) buyers, while running HUD-certified homebuyer education, anti-displacement policy work, and homeowner preservation services across historically underserved Dallas neighborhoods.

Ownership category

akta.pro rank

Product category

Affordable Housing Development

NAICS

New Single-Family Housing Construction (except For-Sale Builders) (236115), New Multifamily Housing Construction (except For-Sale Builders) (236116), Residential Remodelers (236118), Land Subdivision (2372)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industries

Residential Affordable Housing Development & Construction (IMAFABAI), Community Development & Neighborhood Revitalization Housing Programs (FSALAKAO), Down Payment Assistance (DPA) & Homebuyer Subsidy Programs (FSALAKAE)

Keywords

• Affordable housing development
• Community development corporation
• Homebuyer education services
• Anti-displacement policy
• Mixed-income housing

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Home Sales Revenue: Revenue from sale of affordable for-sale single-family homes to qualifying buyers. Home prices range from mid-$200K to low-$300K depending on project and location.
2. Development Subsidies and Grants: Government grants and subsidies from city and county sources. Dallas County provided $2.5M for Valwood Park Revitalization; City of Dallas provided $1.9M grant for Trinity West Villas.
3. Foundation and Corporate Grants: Philanthropic funding from foundations and corporations including JPMorgan Chase ($500,000 for toolkit), The Addy Foundation ($125,000), BBVA ($10,000), and others.
4. Financial Institution Partnerships: Investments and credit facilities from banks including Benchmark Bank ($5M guidance line of credit) and Wells Fargo. Historically over $7M invested through Benchmark Bank relationship.
5. Homebuyer Education Services: HUD-certified pre-homebuyer education classes and workshops provided free of charge to participants. Organization seeks additional funding to fuel citywide homeownership campaign.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Builders of Hope (BOHCDC) is a Dallas-based nonprofit community development organization that constructs and sells affordable single-family and multifamily homes to low-to-moderate income families (60-120% AMI), using an innovative financing model that delivers approximately $70,000 in instant equity at closing. The organization also operates the Hope for Homeownership Center providing HUD-certified homebuyer education and counseling, and produces anti-displacement policy toolkits such as the Right to Stay Toolkit and Property Tax Reform Policy Guide.

Product overview

Builders of Hope is a community development organization offering a portfolio of affordable housing products and services. The core offering consists of Real Estate Development (affordable housing construction across single-family homes, mixed-income communities, and the new Trinity West Villas multifamily project), combined with the Hope for Homeownership Center providing HUD-certified education and 1-on-1 counseling. Supporting these are the Dallas Neighborhood Anti-Displacement Toolkit (policy advocacy tool) and Property Tax Reform Policy Guide (statewide legislative resource). Additional services include home repair grants, Property Tax Assistance Program, and the Homestead Preservation Center. The portfolio is designed as a 'full ladder of housing stability' spanning from preventing displacement to expanding attainable housing pathways.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Development Construction and preservation of quality affordable housing through single-family homes, mixed-income communities, and multifamily developments targeted to households earning 60-120% AMI in West Dallas, South Dallas, Pleasant Grove, Southern Dallas, and Farmers Branch. Includes both for-sale single-family homes priced from mid-$200K to low-$300K and affordable rental units such as Trinity West Villas.
• Hope for Homeownership Center Coordinated homeownership education and counseling hub at The Shops at RedBird that provides HUD-approved home buyer classes, one-on-one counseling, a Homeownership Readiness Assessment, and intake processing to help low-to-moderate income families prepare for and achieve homeownership in Dallas County.
• Dallas Neighborhood Anti-Displacement Toolkit: A Right to Stay Policy toolkit offering actionable strategies to preserve affordable housing, protect legacy residents, and foster community resilience, including citywide mapping of neighborhood vulnerability, displacement risk indicators, case studies, and data-informed policy recommendations for Dallas leaders and policymakers.
• Property Tax Reform Policy Guide Statewide policy guide presenting four state legislative reforms developed in partnership with the University of Texas School of Law's Housing Policy Clinic to protect vulnerable homeowners and create fairer property tax systems in Texas.
• Property Tax Assistance Program (PTAP) Pilot program providing property tax relief grants to long-time West Dallas homeowners facing displacement due to rapidly rising property taxes, targeting legacy homeowners in the 75212 ZIP code with household income at or below 80% AMI.
• Homestead Preservation Center Hub at Wesley-Rankin Community Center in West Dallas providing homeowners with direct support for title issues, heirship matters, property tax stress, legal services, and technical assistance to prevent involuntary loss of homes.
• Home Repair Grants

Quantifiable outcome

• $30M in wealth generated for low-to-moderate income families over 25 years
• +5 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered supporting and core.

• Re StudiosupportingImplementation/ SI/ Consulting Partner · 1 October 2024Design partner for Trinity West Villas development project.
• Wesley Rankin Community CentercoreStrategic or Co-development Partner · 1 January 2024Partner for Homestead Preservation Center providing hub for homeowner education, counseling, and technical assistance in West Dallas (75212 ZIP code).
• Trinity Park ConservancysupportingStrategic or Co-development Partner · 1 January 2024Partner in Property Tax Assistance Program supporting West Dallas homeowners.
• Greenleaf Ventures LLCcoreStrategic or Co-development Partner · 1 June 2022Private infrastructure development firm that extended invitation to BOHCDC to participate in developing the 18-acre Trinity West site which will include over 120 single family homes and 100+ multifamily units.
• Camden HomessupportingStrategic or Co-development Partner · 1 January 2021Workforce development partnership for Chariot Village project - 54-unit single family subdivision in Buckner Terrace neighborhood.
• Ethos Equity ConsultingcoreImplementation/ SI/ Consulting Partner · 1 January 2021Planning partner for West Dallas Community Vision Plan in partnership with BOHCDC and community taskforce. Collaborates with network of community-based organizations.
• Dallas Collaborative for Equitable Development (DCED)coreStrategic or Co-development Partner · 1 January 2019$6 million initiative funded by JPMorgan Chase PRO Neighborhood program to inject resources into three neighborhoods including West Dallas. Partnership includes The Real Estate Council, Dallas College, LiftFund, and Texas Mezzanine Fund. Focus on housing development, small business development, job training, and community ownership.
• Dallas CollegesupportingStrategic or Co-development Partner · 1 January 2019DCED partner providing job training resources for West Dallas residents.
• University of Texas School of Law Housing Policy ClinicsupportingStrategic or Co-development PartnerPartnership to develop Property Tax Reform Policy Guide with four state legislative reforms for protecting vulnerable homeowners.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/bohcdc
• Facebookfacebook.com/bohcdcdallas
• LinkedInlinkedin.com/company/bohcdc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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 Builders of Hope