Growth & Development Strategy

NBCHC’s approach involves acquiring land and developing new housing units that align with long-term sustainability goals. This means we’re not just adding new buildings, but doing so in a way that considers environmental impact, energy efficiency, and community integration. By focusing on sustainable practices, we ensure that new developments contribute positively to both the environment and the community’s future.

This involves strategies such as asset transfer or acquisition to maintain and improve current housing stock. Preserving existing affordable units helps to retain valuable community assets and ensures that affordable options remain available for those in need. It’s about keeping these units viable and up-to-date while continuing to meet the needs of our members.

An effective way to support both development and preservation is by using existing assets as leverage. This means utilizing the resources and properties we already have to obtain or build new housing units. For example, revenue from existing properties can be reinvested into new projects, or we might use the value of current assets to secure funding or partnerships for new developments. This approach maximizes the impact of our resources and helps to create a more dynamic and responsive housing strategy