Thriving Communities

Informed by our interviews with refugees, we allocate half of our units to established Americans. By bringing together new and established Americans, our built environments foster thriving communities that embody the promise of hope, inclusion, and opportunity that America represents.

Refugee Lens Investing

How It Works

Courage Housing

We are an investment firm that deploys capital to develop and operate multifamily developments where new Americans thrive

Development and Management Experience

Our team has built 27 ground-up units, has 110 units under management, and 203 units in development

We Unlock
Overlooked Value

While traditional tenant screening methods often stigmatize refugees as high-risk due to their limited credit and rental history, we recognize the overlooked potential of new American tenants

Tenant Empowerment

We partner with refugee-focused nonprofits, who have office and community space on the ground floor, to help our tenants access to services, including healthcare, employment opportunities, vocational services, English classes, social services, and more

Flexible Rents

We enhance affordability of units as new American families settle in their first two years. At the end of two years, we support tenants in finding longer term housing, so we can open the units for newly arrived Americans.

Impact Metric

Number of new Americans transitioned to long-term housing over 10 years

Durable Change

Courage Housing guarantees units for refugees for 10 years

Risk Mitigation

Capital is secured by real estate, in secondary position to our banking partners.

Providing tenants access to services and a community lowers turnover, vacancy, and loss to lease.

Unwavering Belief

Because of our unwavering belief in the determination and resilience of the American spirit, we are the nation's first firm to build new construction designed specifically for refugee success.

TRACK RECORD

In 2021, Antony Chiang, Mark Finney and nine others co-founded the Ministry Housing Investment Group (MHIG), which manages 16 units, housing 47 new Americans.

All new American tenants have developed income streams and are current on rent.

The group is generating strong returns, is in the predevelopment phase for the first new construction build, and anticipates managing at least 46 units by 2025.

Only in America could a refugee girl from Central Europe become Secretary of State.

-- Madeline Albright