The Multi-Industry Group Bringing 230+ Affordable Homes to Hagerstown, MD
On May 15, 2024, Next Step and our project partners will celebrate a milestone in affordable housing with the unveiling of Kilpatrick Woods. Kilpatrick Woods represents a pioneering effort to address homeownership affordability and supply challenges by leveraging the efficiency of off-site homebuilding. The transformative community is set to redefine inclusive zoning and affordable single-family living.
Building a one-of-a-kind community like Kilpatrick Woods involved a diverse group of stakeholders centered around the same goal: create affordable homeownership opportunities. Our mission-driven team includes nonprofits, financial services providers, and more. Meet the changemakers working with Next Step to make homeownership more accessible:
About EquityPlus
EquityPlus is a privately held investment and advisory firm focused on building value using federal and state tax credit investment programs. The EquityPlus team works with both investors and project developers to structure, underwrite, close, develop, and manage tax-advantaged development projects across the country.
About Eagle River
Eagle River Homes is in the business of turning your housing dreams into reality by creating manufactured homes of exceptional beauty and value. Every home built by Eagle River Homes is carefully crafted to meet—and often exceed—the federal Manufactured Home Construction and Safety Standards. These high standards offer our homeowners peace of mind when considering construction, strength, durability, and energy efficiency.
About Triad Financial Services, Inc.
For over 60 years, Triad Financial Services has helped accelerate the dream of homeownership through innovative lending products and a passion for service. Triad’s mission is to empower homeowners, retailers, manufacturers, and communities with innovative manufactured housing financial solutions. Triad is an all-in-one financial service provider offering fair, competitive rates with a commitment to offering loans that meet the unique needs of their valued customers and partners. With deep manufactured housing industry expertise and customer focus, Triad simplifies home financing, fostering strong communities and financial success for stakeholders. Because home ownership should not be for the few, it should be for everyone.
About COMPASS
Founded in 2012, Compass has grown to be the country’s largest independent real estate brokerage. Compass has built the first modern real estate platform, pairing the industry’s top talent with technology to make the search and sell experience intelligent and seamless. Your local Compass agents, Allison Zerr and Kate Dutton, have over 20 years of real estate experience in mid-Maryland.
Behind the scenes of this groundbreaking project are the dedicated individuals and organizations working tirelessly to make affordable homeownership a reality. Our project partners, including EquityPlus, Eagle River, Triad Financial Services, and COMPASS, represent a diverse coalition united by a shared vision of creating accessible homeownership opportunities for all.
Together, we’re paving the way for a future where homeownership is not a privilege reserved for the few but a possibility for everyone. We extend our deepest gratitude to our partners, supporters, and the Hagerstown community for their unwavering commitment to making Kilpatrick Woods a reality.
Learn more about Kilpatrick Woods at nextstepus.org/kilpatrickwoods.
Interested in working with Next Step on your affordable housing needs? View our consulting services here.