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About Us:

Our Mission

With $17 million in assets and growing, OpenDoor Housing Fund is the largest locally based revolving loan fund in the Washington metropolitan region. We promote sustainable economic and community development by providing development funds for homeownership and rental housing for working families and special needs populations. Through the fund, OpenDoor provides short-term loans to tenant associations, nonprofit and for profit local housing providers.

More than 300 institutions, organizations, and government entities, along with private individuals and faith-based organizations, invest in the OpenDoor Housing Fund. With the support provided by these investors, OpenDoor helps to finance the acquisition, rehabilitation, and construction of for sale and rental housing. When the completed homes are sold or rented, OpenDoor’s loan is repaid and the funds are available to be loaned out again.

 

Downloadable pdf of brochure

2009 Audit


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