About Us

New Hope Community Capital brings catalytic financing to affordable housing and community development projects across the Northeast, Midwest, and Mid-Atlantic.

Our Mission and Vision

Established in 1991, New Hope Community Capital (NHCC) is an independent and experienced nonprofit community development financial institution (CDFI). Our mission is to bring catalytic, low-cost capital solutions to affordable, mixed-income, mixed-use and other community-serving real estate ventures throughout the Northeast, Midwest, and Mid-Atlantic United States.

NHCC breaks the mold of a traditional housing CDFI. We provide acquisition, predevelopment, and bridge financing and structure equity investments primarily in ventures sponsored by The Community Builders (TCB), one of America’s largest and most innovative nonprofit community developers. Beyond housing, NHCC offers innovative products to strengthen communities and build wealth for all. Total financing provided since NHCC was formed exceeds $700M.

A Partnership Built for Impact

The Community Builders, Inc. (TCB) is one of America’s leading nonprofit housing organizations with offices located in Boston, Chicago, Columbus, New York and Washington, DC. Our mission is to build and sustain strong communities where all people can thrive. We realize our mission by developing, financing and operating residential communities, neighborhood amenities and resident opportunity programs. Since 1964, we have constructed or preserved thousands of affordable and mixed-income housing developments and secured billions of dollars in project financing from public and private sources. ​ Our community life (CL) model connects children, adults and seniors to resources and opportunities to succeed. Using stable housing as a platform, our approach is resident-centered, evidence-based and outcome-driven. Our ownership and management portfolio exceeds 18,000 apartment homes in fourteen states and the District of Columbia.

TCB and New Hope work together to secure capital sources for TCB’s pipeline. New Hope serves as the financing vehicle, deploying funds to support TCB’s development work. For our capital partners, an investment in New Hope can be tied to a specific TCB development, or it may support a group of TCB real estate projects.

Meet Our Team

Tom Buonopane

Chief Investment Officer

Audrey Nonemaker

Program Manager,
Community Investment

Kaleigh Elwell

Senior Program Manager,
Community Investment

What Partners Say
"New Hope has been an invaluable predevelopment lender for TCB projects in New England. There is an easy working relationship between TCB and New Hope, which facilitates this funding. Predevelopment funding is the lifeblood of projects at early stages. New Hope bringing resources to these projects frees up the time for project managers to focus on moving their projects forward."
Andy Waxman
Senior Vice President of Real Estate Development, New England, The Community Builders

Build What’s Next With Us

Partner with New Hope to help expand access to capital and strengthen communities through mission-driven development.