Purpose

Everyone deserves a home they can afford in a stable and healthy community, but most renters in Baltimore pay more than they can afford on their housing. 

In response, the HCH Real Estate Company, Inc. (a Maryland nonprofit organization) develops affordable and supportive multifamily rental housing in Baltimore. Our projects are designed to be community-centered, environmentally sustainable and deeply affordable. 

Following years of careful consideration, learning, planning and partnership with experts in affordable housing development, financing and construction; the HCH Real Estate Company, Inc. was established in March of 2023 by the Board of Directors at Health Care for the Homeless. The company is a response to the growing housing affordability crisis in Baltimore and ongoing calls from the community for change. The lack of affordable rental housing creates housing instability, exacerbating homelessness.

More than half of all Baltimoreans rent housing, and more than half of Baltimore’s renters pay more than 30% of their income on housing and utilities. Current affordable housing development efforts in the market target households with incomes above 50% of the Area Median Income. This leaves people with extremely low incomes to consistently pay more than they can afford—increasing the risk of eviction and homelessness.

The work of the HCH Real Estate Co. is rooted in a joint venture between Health Care for the Homeless and the Episcopal Housing Corporation. Together they developed a seventy-unit affordable apartment community which opened in October of 2022. The current HCH Real Estate Co. team was on hand supporting every phase of the project and remain involved in the project’s operation.

More about Health Care for the Homeless

Health Care for the Homeless is a Federally Qualified Community Health Center providing health and housing services to individuals and families who lack safe and stable homes since 1985.