Newtown Community Development Corporation

What Newtown Community Development Corporation does

Newtown Community Development Corporation is a nonprofit community development organization founded in 1994 and headquartered in Tempe, Arizona, that operates the largest Community Land Trust (CLT) in Arizona. Its core model separates land from housing: Newtown retains ownership of the land and sells homes to qualified low-to-moderate income buyers at below-market prices, with homeowners executing 99-year renewable ground leases. Resale price restrictions embedded in the ground lease preserve long-term affordability across subsequent owners, allowing the organization to recycle subsidy value and serve additional families in perpetuity.

The organization layers complementary programs on top of the CLT foundation. It provides up to $30,000 in down payment assistance in Maricopa County (and up to $67,000 in Gila Bend), HUD-approved housing counseling, credit counseling, and financial coaching delivered by certified bilingual counselors, and a HUD-approved online homebuyer education course available in English and Spanish. Post-purchase support includes a free tool lending library and a zero-interest home repair loan fund for major household systems. Branded developments include Tempe Micro Estates (thirteen 600-square-foot micro homes with shared amenities) and a 19-home Gila Bend project under construction with completion targeted for Summer 2026.

Newtown's revenue mechanics combine small recurring fees (monthly or annual ground lease fees of $35-$420, quarterly deed restricted fees of $30-$120, Tempe Micro Estates HOA assessments of $170/month) with homeowner loan repayments ($50-$150/month). As a nonprofit serving primarily households earning up to 78-80% of Area Median Income (and up to 120% AMI for some CLT resales), the organization is funded primarily through donations, government grants, and program partnerships that are not disclosed in available data. With 11 employees and 300+ families served cumulatively through the Phoenix Neighborhood Stabilization Program, Newtown operates a regionally focused, high-touch model centered on Maricopa County, Arizona.

Name

Newtown Community Development Corporation

Legal name

Newtown Community Development Corporation

Website

https://newtowncdc.org

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Newtown Community Development Corporation is a Tempe, Arizona-based nonprofit operating Arizona's largest Community Land Trust, providing below-market affordable homeownership through 99-year ground leases, down payment assistance, HUD-approved counseling, and bilingual homebuyer education to low-to-moderate income households across Maricopa County.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Lessors of Real Estate (5311), Land Subdivision (2372), Services to Buildings and Dwellings (5617)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

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

akta.pro secondary industries

Affordable Housing / Down Payment Assistance (DPA) Mortgage Origination (FSALAAAM), Master-Planned Community & POA Management (BPAJAHAD)

Keywords

• Affordable housing programs
• Community land trust
• Down payment assistance
• Homebuyer education
• Housing counseling

Headquarters

HQ city

Tempe

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, Infrastructure, Others

Revenue model

1. CLT Ground Lease Fees: Monthly and annual ground lease fees charged to CLT homeowners for the land portion of their property. Fees range from $35/month to $420/year.
2. Homeowner Loan Payments: Payments on CLT homeowner loans for home purchases or repairs.
3. Deed Restricted Fees: Quarterly and annual deed restricted fees charged to CLT homeowners for resale restrictions and community oversight.
4. Tempe Micro Estates HOA Assessments: Monthly and quarterly HOA assessment dues for the Tempe Micro Estates community, which include the CLT land lease fee.
5. Down Payment Assistance Programs: Provides up to $30,000 in down payment assistance for eligible buyers, with up to $67,000 available for Gila Bend homes.
6. Housing Counseling Services: HUD-approved housing counseling, credit counseling, and financial coaching services provided to homebuyers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Newtown CDC operates the largest Community Land Trust (CLT) in Arizona, building and selling homes at below-market rates to qualified low-to-moderate income buyers while retaining ownership of the land through 99-year renewable ground leases that preserve permanent affordability on resale. The organization supplements this core housing model with down-payment assistance (up to $30,000-$67,000), HUD-approved housing counseling, credit and financial coaching, and an online homebuyer education course offered in English and Spanish.

Product overview

Newtown Community Development Corporation operates as a single unified affordable homeownership platform offering multiple interconnected programs. The core offering is the Community Land Trust (CLT) program, Arizona's largest, which provides below-market housing through a land lease model ensuring permanent affordability. This core is supported by complementary financial programs including Down-Payment Assistance (up to $30,000), Credit Counseling, Financial Coaching, and HUD-approved Online Homebuyer Education. The portfolio includes branded developments like Tempe Micro Estates (13 micro homes with shared amenities) and Gila Bend (19 homes under construction). CLT homeowners receive ongoing support through a Tool Library and Zero-Interest Home Repair Loan Program. The organization does not operate a modular software platform but rather provides integrated human services combining housing, financial education, and community development.

Differentiator

Problem solved

Functional benefit

Products and services

• Community Land Trust (CLT) An affordable housing program where Newtown builds or renovates houses and sells them at below-market rates to qualified buyers while retaining land ownership via 99-year renewable ground leases, restricting resale prices to maintain long-term affordability.
• Down-Payment Assistance Programs Financial assistance programs offering up to $30,000 to help eligible low-to-moderate income homebuyers cover down payment and closing costs, including the WISH program and City of Mesa programs.
• Credit Counseling Financial counseling where trained counselors help individuals understand and improve their credit ratings, obtain credit reports, identify problems, and develop strategies to raise their scores.
• Financial Coaching Personalized financial guidance where experienced coaches help clients create step-by-step plans for achieving financial goals and improving financial well-being in a non-judgmental process.
• Online Homebuyer Education Certificate Course A HUD-approved online course that prepares prospective homebuyers to navigate the home-buying process and become successful homeowners, available in English and Spanish across phones, tablets, and computers.
• Housing Counseling Certified bilingual housing counselors evaluate current situations, create action plans to qualify for loans, demystify the home-buying process, identify financial assistance programs, and guide clients through loan documents and purchase contracts.
• Tempe Micro Estates An architect-designed Community Land Trust community of thirteen 600-square-foot micro homes featuring lofted or accessible bedrooms, a shared Common Room with community kitchen, landscaped courtyard, tool library, edible gardens, and ENERGY STAR certification.
• Gila Bend Affordable Homeownership A Community Land Trust development of 19 new affordable homes in Gila Bend, Arizona, with 10 homes reserved for buyers earning up to 80% AMI and 9 homes for buyers earning up to 120% AMI, with down payment assistance of up to $67,000.
• CLT Homes For Sale Current inventory of Community Land Trust homes available for purchase by qualified low-to-moderate income buyers, with resale-restricted pricing to maintain permanent affordability.
• CLT Homeowner Support Program Post-purchase support services for CLT homeowners including refinancing assistance, resale assistance, home-maintenance education, a free tool library, and zero-interest home repair loans for major household systems.

Quantifiable outcome

• 300th family achieved homeownership through Phoenix NSP program
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Habitat for Humanity International: The largest U.S. nonprofit affordable homeownership organization. Comparable in serving low/moderate-income first-time buyers with subsidized homes and homebuyer education, though it does not use the CLT land-lease model.
• Enterprise Community Partners: National nonprofit that develops and finances affordable housing, including CLT-supportive programs. Comparable as a larger, broader incumbent in the affordable-housing and community-development space.
• Local Initiatives Support Corporation (LISC): Major national CDFI and community development funder that finances affordable housing and CDC initiatives. Comparable as a peer funder/incumbent in the same affordable-housing ecosystem Newtown operates in.
• PathStone Corporation: Large national nonprofit providing housing, financial coaching, and community development services to low-income families. Comparable in bundling homeownership support with financial education and counseling services.

Direct peers

• Grounded Solutions Network: National membership organization supporting Community Land Trusts and shared-equity programs across the U.S. Highly comparable as both an operating-model peer and an ecosystem convener for CLTs like Newtown.
• Champlain Housing Trust: Burlington, Vermont-based Community Land Trust, widely recognized as the largest and most established CLT in the United States. Directly comparable to Newtown in mission, structure (CLT ground leases, permanently affordable resale), and integrated homeowner-support services.

Regional players

• City of Tempe Housing Services: Municipal affordable-housing and down-payment assistance provider operating in Newtown's primary market (Tempe, Arizona). A regional peer administering overlapping DPA and housing-counseling programs.
• Maricopa County Human Services / Community Development Division: County-level affordable-housing and down-payment-assistance administrator covering Newtown's entire service area. A key public-sector peer and likely funding/coordination counterpart.
• Boulder County Housing Authority: Public housing authority operating affordable homeownership and down-payment assistance programs in another regional market. Comparable as a non-CLT regional affordable-housing provider using similar income-eligibility frameworks.

Emerging players

• Trellis (formerly Center for Community Investment): National nonprofit focused on community investment and equitable development, including capacity-building for CLTs and CDCs. Comparable as a peer in the CLT/CDC ecosystem with an emerging, capacity-building orientation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/NewtownCDC
• LinkedInlinkedin.com/company/newtown-community-development-corporation

Revenue estimate

Valuation estimate

Number of profiles

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 Newtown Community Development Corporation