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
The Promise Homes Company
Real Estate
Atlanta, Georgia 1,375 followers
Institutional-quality investment platform. Empowered resident support system.
About us
Promise Homes is committed to providing its residents with Dignity in Housing. We promise our residents quality housing at affordable prices as well as financial empowerment and assistance that would position them financially to eventually own a home. We believe that by supporting our residents with a series of financial and economic support services, we improve their lives while building a stronger and more resilient company. By treating residents as partners, we also improve the communities that we serve. We will do well by doing good. We promise our communities that we will improve the lives of our residents through financial empowerment programs that provide credit and money management counseling. By engaging local small businesses to provide services for our residents, we will create a local, sustainable supply chain and reliable vendor service providers.
- Website
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http://www.promisehomescompany.com
External link for The Promise Homes Company
- Industry
- Real Estate
- Company size
- 2-10 employees
- Headquarters
- Atlanta, Georgia
- Type
- Privately Held
- Founded
- 2017
Locations
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Primary
235 Peachtree Center Ave NE
Atlanta, Georgia, US
Employees at The Promise Homes Company
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Daniel A. Dvorak
Chief of Police (Ret.)
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John Hope Bryant
John Hope Bryant is an Influencer Founder, Chairman and CEO at Operation HOPE, Bryant Group Ventures. Founder, former Chairman, and Principal Shareholder, The Promise Homes Company.
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Clayton Wyatt
Co-Founder Vesta Ventures
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Scott Beck
Real Estate Operations Leader
Updates
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The Promise Homes Company reposted this
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
Built-to-rent communities a growing U.S. trend amid sky-high housing costs
cbsnews.com
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🎒✨ 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
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The Promise Homes Company reposted this
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
Phoenix leads nation in built-to-rent houses
axios.com
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The Promise Homes Company reposted this
Fox Business Network covers the important role of build-to-rent housing in addressing the challenges of housing supply and affordability. #NRHC #SFR #BTR #Housing
The rise of build-to-rent communities: A solution to America's housing crisis?
foxbusiness.com
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Celebrating Albert’s #SuccessStory 🎉-- At The Promise Homes Company, we are impact-focused, dedicated to strengthening the communities we serve by enhancing the lives of our residents and recognizing them as our shared strength. We are committed to providing quality attainable homes for the middle- and working-class, as well as #financialempowerment resources and services to position our residents financially to achieve homeownership. ⬇️ Read on to learn about Albert’s inspiring journey! ⬇️ Today, we are excited to share the inspirational success story of Albert, our first resident to transition from renter to buyer this year. Albert’s journey is a true reflection of our mission in action. By taking advantage of the Credit and Money Management and #Homeownership courses offered through our partnership with Operation HOPE, Albert increased his credit score by more than 100 points and positioned himself to become a homeowner in just two months! With determination and grit, he also successfully managed and reduced his debt. Although Albert could not make it to attend the signing, his sister was there to represent him and share in the joy of this milestone. Her presence in these photos captures the essence of community support that we strive to foster. Albert’s achievement highlights our mission to enrich the lives of our residents through focused solutions and thoughtful, strategic partnerships. His success story is a testament to what can be accomplished when quality housing, financial education, and support come together. Join us in celebrating Albert's remarkable journey and the promise of more success stories to come!
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According to Urban Land Institute, the single-family rental (SFR) sector is evolving with a focus on #ESG initiatives to address environmental and social challenges. From renovating distressed homes to integrating smart home technology and solar energy, #SFR leaders are redefining the market. Check out how The Promise Homes Company promotes sustainable communities and tackles environmental issues. At Promise Homes: ⚡ We implement energy-efficient upgrades in our properties. 💦 We encourage water conservation by installing low-flow fixtures. ♻️ We encourage our residents to consider waste reduction and recycling. 📚 We educate our residents on sustainable living practices and encourage them to make environmentally conscious choices. https://lnkd.in/eArGBy_6 #SFR #RealEstate #ESG #Sustainability #SocialImpact #AffordableHousing #ThePromiseHomesCompany
Where Does ESG Fit in the Booming Single-Family Rental Market?
urbanland.uli.org
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🏡 Join The Promise Homes Company as a Communications & Social Impact Intern! 🏡 Are you passionate about making a difference and eager to gain hands-on experience in a dynamic, mission-driven environment? The Promise Homes Company is looking for a talented Communications & Social Impact Intern to join our Resident Engagement & Social Impact team! ✨ Position Summary: As a Communications & Social Impact Intern, you will support engagement, communications, and social impact initiatives across multiple projects. This role offers a unique opportunity to collaborate across departments, drive content creation, and contribute to our mission of enhancing community lives. Please see attachment for more details on this role at The Promise Homes Company! 🔑 Key Responsibilities: - Craft insightful reports and engaging social media content - Execute external and internal communication plans - Manage and optimize social media campaigns - Innovate resident engagement and social impact ideas - Develop marketing materials for outreach programs - Foster relationships with community organizations and agencies 🎓 Qualifications: - Background in communications, public relations, marketing, journalism, non-profit management, public administration, or economic development - Proactive, self-starting, and able to work independently - Strong teamwork and communication skills - Exceptional written, verbal, research, analytical, and time management abilities - Interest in the impact of community partnerships on resident well-being and organizational success Ready to make an impact? Message us today and join us in making a difference! Feel free to share this post or tag someone who might be interested! Let's build stronger communities together! 🌟 #JobOpportunity #Internship #CommunicationsIntern #SocialImpact #CommunityEngagement #Hiring #JoinUs #ThePromiseHomesCompany
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The Promise Homes Company reposted this
Congratulations to NRHC member, The Promise Homes Company, on the appointment of John Ehle, as the company’s new CEO. #NRHC #SFR #BTR #Housing
The Promise Homes Company Appoints John Ehle as Chief Executive Officer
businesswire.com
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The Promise Homes Company reposted this
The Promise Homes Company Appoints John Ehle As CEO - https://lnkd.in/g5gm3riM Follow citybiz Atlanta - https://lnkd.in/eVpYqRWn John Ehle, John Hope Bryant, The Promise Homes Company #ceo #leadership #citybizAtlanta #RealEstate #affordablehousing #singlefamily #residential #rentalproperty #PromiseHomes #rentalhomes #developers
The Promise Homes Company Appoints John Ehle As CEO | citybiz
https://www.citybiz.co