The Promise Homes Company

We are thrilled to share our 2024 Social Impact Report! At The Promise Homes Company, we believe in making a difference—one home, one family, and one community at a time. This report showcases the purposeful strides we’ve made toward attainable housing, financial empowerment, and social sustainability. Last year, we: ?? Allocated $2.97M to minority- and women-owned businesses, tripling the previous year’s impact. ?? Sold 58 homes in Low-to-Moderate Income (LMI) census tracts, with 72% purchased by first-time homebuyers-- expanding homeownership opportunities for owner-occupants. ?? Achieved carbon savings equivalent to 2.4 acres of forest sequestration annually. ?? Provided 489 financial empowerment services to residents through Operation HOPE, covering credit, money management, homeownership, and small business development. ?? Helped enrolled residents achieve a median savings increase of nearly $4,000. Click through ?? to check out the full report below. #PromiseHomes #SocialImpact #HousingEquity #Sustainability

Promise Homes celebrates Black History Month. We believe in empowering Black culture and voices, and we strive to continue creating a world where everyone feels valued and respected.?

We’re proud to announce that The Promise Homes Company was honored with the #ESG Initiative of the Year award at the 3rd Annual Single Family Rental Industry Awards. Our commitment to sustainability and social impact is at the heart of everything we do, and this recognition is a testament to our phenomenal team and partners. Let us also give a heartfelt congratulations to Nylah Oliver, MPA, Fitwel Amb., our Head of Social Impact and Resident Engagement, for being named a SFR/BTR Rising Star of the Year (Under 35)! Her dedication to fostering meaningful resident engagement and driving impactful initiatives continues to not only inspire us but others as well. Thank you to everyone who supports our mission to create quality housing and empower communities. Together, we are making a difference. Here’s to building an even brighter future! #ThePromiseHomesCompany #SFRAwards #IMNEvents #Sustainability #SocialImpactLeadership #RisingStar #SocialImpact #ResidentEngagement

I traveled back with some exciting news and awards in hand, after last week's SFR Industry Awards! I was priviledged to accept two awards: an SFR Rising Star award and the ESG Initiative of the Year award for my company. ?? It's truly a great feeling to celebrate the fruits of your labor. This recognition solidifies the meaningful impact that we're contributing to the Single-Family Rental real estate industry. Bringing home the Environmental, Social, and Governance Intiative of the Year award is a big win for The Promise Homes Company! We were also a finalist in the Excellence in Diversity award category. Thank you to #IMNEvents and the rest of the judges for this recognition, and to everyone who has supported me along the way. Here’s to continuing to shape and amplify our industry one sustainable practice at a time. ???? #SFRAwards #ESG #Sustainability #Teamwork

This Thanksgiving, we are especially grateful for our residents, partners, and team who make our mission possible. At Promise Homes, we're committed to building stronger communities by providing quality housing and empowering pathways to homeownership. As we gather with loved ones and reflect on what we're thankful for, we celebrate the blessing of having a place to call #home—because every family deserves a space to create cherished memories. From our family to yours, Happy Thanksgiving! ???? #Thanksgiving #Gratitude #ThePromiseHomesCompany #StrongerTogether #Community?

I am honored and thrilled to announce that The Promise Homes Company has been named a finalist in both the "Excellence in Diversity" and "ESG Initiative of the Year" categories for the 3rd Annual #SFR Industry Awards! ?? These nominations reflect our drive and commitment to making a sustainable impact in the single-family residential space. ???? This recognition would not be possible without the incredible work of my team, who continues to push boundaries and deliver meaningful change every day. We can't stop now! I look forward to celebrating with the rest of the finalists at the official ceremony in Scottsdale. Fingers crossed we take home the win! ???? Hope to see you there. #SFRAwards #IMNEvents #ESG #ImpactThroughHousing #SFR

This week, mortgage rates continued their decline, providing relief to the tight U.S. housing market. The average 30-year fixed mortgage rate dropped to 6.09%, down from 6.20% last week and well below last fall’s peak of 7.79%. This marks the lowest level since February 2023, encouraging sidelined buyers as affordability improves. The Federal Reserve cut interest rates by 50 basis points for the first time in four years, signaling potential further cuts by year-end. ? At The Promise Homes Company, we offer our Pathways to Homeownership program for our residents to take advantage of and begin their journey to homeownership. Several residents moved towards pre-approval just this month, with the financial guidance and support of our Operation HOPE coach and partnership. ? #ThePromiseHomesCompany #OperationHope #MortgageRates #RealEstate?#HomeBuying https://lnkd.in/e7yJ2nYx

Thanks to?CBS News?for this terrific piece on Build-to-Rent (BTR) housing, a housing option that allows residents – including young adults, families with children, military families, and empty-nesters – to enjoy all the perks of a new home at a price point that is often more in keeping with the economic realities and lifestyle priorities of many of today’s housing consumers. Also - great job by NRHC member?Brent Long?of Christopher Todd Communities! #NRHC #SFR #BTR #Housing #CBSNews

??? Our Back-to-School Drive was a huge success! We were able to donate school supplies to families in our community, helping students start the school year off right. ???? It was incredible seeing the smiles and excitement from everyone who received their school supplies. Together, we’re making a difference one backpack at a time. ?? Swipe through to see snapshots! #BackToSchool #CommunitySupport #MakingADifference #ThePromiseHomesCompany

Axios Phoenix reports on the ways build-to-rent housing provides much needed access to quality, affordably priced single-family homes. #NRHC #SFR #BTR #Housing