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About Homes & Hope

An affiliate of McCarthy Companies, Homes & Hope is an affordable housing developer driven by a singular mission: to provide affordable, safe, and welcoming homes for those in need. This organization aims to balance the nonprofit affordable housing model’s positive aspects with the efficiency, market responsiveness, and innovation of a market-rate developer.  


Development Services

Homes & Hope focuses on the full spectrum of affordable housing opportunities including:

  • Permanent Supportive Housing
  • Housing for Very Low-Income Seniors
  • Transition Age Youth (TAY) 
  • Veterans
  • Other Special Needs Populations
  • Workforce/Moderate-Income Rental Housing
  • Low/Moderate-Income For-Sale Housing 

McCarthy’s Partnership

McCarthy Companies is affiliated and operates synergistically with Homes & Hope by providing in-house development management, construction management and general contracting expertise.  

Shared Resources for Greater Impact

The collaboration between McCarthy Companies and Homes & Hope represents a strategic alignment of resources, expertise, and commitment to creating vibrant, affordable housing communities. By pooling their strengths, the partnership aims to streamline project management processes and introduce innovative solutions that will set new standards in the affordable housing sector. 

McCarthy’s long standing reputation has been built over the last 40+ years developing and building both market rate and affordable housing communities.  The firm has cultivated a team of professionals who provide an array of services that complement Homes & Hope and other developing partners.  These services include land acquisition, entitlements, predevelopment funding, development management, preconstruction/design oversight, permit processing, construction management and construction.  

Homes & Hope brings to the table nearly 20 years of affordable housing development expertise and provides in-house expertise to the McCarthy Companies, enhancing their position as a premier general contractor and construction manager in the affordable housing sector. The experience of the Homes & Hope Leadership Team, Alexander Russell, Rodney “Rod” Thompson, Jr., and Luis A. Hernandez plays a pivotal role in shaping the strategic direction of Homes & Hope, ensuring the successful implementation of affordable housing solutions.

This collaborative and multifaceted approach allows Homes & Hope and McCarthy Companies to effectively address the challenges of affordable housing while making the most of their resources and expertise.

Through this partnership, Homes & Hope offers significant resources to support affordable housing development opportunities as a turnkey developer, joint venture (JV) partner, General Contractor or Construction Manager (through McCarthy Companies), or a combination of these specialties. Visit the Homes & Hope website to learn more about their work. 

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