A Catalyst for Affordable Housing

In 2018, Homewise, one of our valued partners, proposed the concept of establishing a dynamic community development fund focused on advancing affordable housing initiatives in our region. Recognizing the importance of this endeavor, Anchorum committed $5 million to the creation of the Community Catalyst Fund. Collaborating closely with Homewise, we embarked on a mission to rally additional partners dedicated to the cause of affordable housing. 

Anchorum invested

$5000000

in the Community Catalyst Fund

Enterprise Bank & Trust quickly followed suit, matching our initial investment of $5 million, and was soon joined by New Mexico Bank & Trust. Today, Community Catalyst Fund boasts participation from over half a dozen investors, collectively deploying upwards of $20 million in community-based investments. Thanks to this collaboration, more than 180 townhomes, patio homes, and single-family residences are taking shape, with an estimated 1,000 additional homes slated for development over the next seven years.

The success of Community Catalyst Fund underscores the power of our partnerships with both for-profit and non-profit entities in realizing meaningful change in our community.

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