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Entry Level Housing

THE PROGRAM

We create dignified, deeply affordable housing through innovative, mission-driven development that turns underused properties into entry-level homes with pathways to stability, community, and ownership.

WHERE WE BUILD

Providence, Southern Massachuetts
In partnership with faith-based institutions and local nonprofits
In areas with high displacement, high evicition rates and low inventory

TARGET AUDIENCE

Recent graduates and young professionals
Early-career educators and care workers
Adults exiting group homes or foster care
Single parents or working families
First-generation renters/homeowners

what we do

We develop entry-level housing units for people who are ready to stabilize, grow, and eventually graduate into ownership or independent living. These homes are created from single-family rehabs, condo-conversions, and small multi-family properties — and are designed for:

First-time renters
Young professionals
Transitioning adults
Low-income earners looking for opportunity, not just shelter

We focus on affordability, dignity, and upward mobility.

What We Build

Studio & 1BR apartments in converted homes or small multifamilies
Shared living spaces with private rooms and community kitchens
Detached mini-homes
Transitional rentals that include coaching, financial literacy, or co-buying prep

Our Approach

1. Mission-Driven Acquisitions
We target underused properties, partner with churches, nonprofits, and sellers, and acquire with affordability locked in.

2. Smart Design
Small but high-quality spaces with durable materials, community touches, and options for shared living or independent use.

3. Embedded Support
Each unit or project can come with access to:

Housing coaching
Emotional trauma-informed workshops (via The Bailey Project)
Co-buying preparation
Credit and budget support

4. Exit & Ownership Options
After 1–3 years of rental stability, residents can:

Use rent credits to become a homeowner
Co-buy with Harris
Stay and stabilize long-term

There is a method to this

Location of projects

Using key economic date, we invest in areas based on the following area characteristics.

30% + area concentration of renters
5% or greater eviction rates
10% poverty rate

Our Code

We approach each potential asset as a tool for growth, so we rehab it accordingly.

We made a choice to provide affordable housing options to communities. We have a code to how we redevelop properties. A code that ensures our efforts keep the its focus on the people.

Fair Pricing Standards

Ribbon Investors work to put new homes on the market at market or under market rate.

Hire Local

We will use local contractors and professionals on projects

Remodeling Integrity

When rehabbing properties we are committed to keeping with the current community standard.

Next Gen

Through direct support, education and mentoring we work with emerging real estate professionals who believe in the importance of entry level housing.

Community Principles

Keeping with community history, Ribbon Investors are respectful of neighborhood histories and tradition.

Responsible Investors

We will only work with investors who have shown respect to communities and have not practiced "priced out strategies".