In 2022, the Call to Action Foundation, a private operating foundation, was established to preserve and expand access to affordable housing for working families and seniors in the West and Midwest. Since our inception, we have invested over $80 million to help secure and preserve affordable housing for communities in need. Our mission is to develop and maintain high-quality, affordable housing in the communities where we live and work. We are committed to providing safe, welcoming homes that foster stability and growth.
Housing for Families and Seniors
Our vision is to create vibrant, supportive communities where families can thrive, build strong connections, and enjoy a better quality of life. Affordable housing provides many community benefits, including increased consumer spending, job and economic growth, reduced evictions, and decreased homelessness. In addition, it provides stability for children who need safe, stable places to learn and grow.
Our Housing Investments
We currently operate 9 affordable properties across three states with many more projects in development. In collaboration with many key community partners, we unite efforts to foster stronger, more resilient communities. Current projects include:
Bettendorf, IA
Davenport, IA
Draper, UT
Fox Lake, IL
Glenview, IL
Gurnee, IL
Lehi, UT
Magna, UT
Muscatine, IA
North Liberty, IA
Orland Park, IL
Park City, UT
Sparks, NV
West Des Moines, IA
For information regarding our upcoming property, The Afton at Sparks Marina, property and waitlist, click here.
Senior Housing
Seniors have spent their entire lives living and working as members of the communities they reside in. Unfortunately, it can be difficult and costly to maintain a family residence that is far larger than most seniors need. Market-rate rental units can often be too expensive on a fixed income as well. Affordable senior living ensures that seniors can enjoy their retirement in the communities where they can live and thrive for a long time to come.
Workforce Housing
We believe that accessible and affordable workforce housing is crucial to the prosperity and growth of communities. The rapid rise in home prices, combined with increasing interest rates, means that many housing options available to working families are no longer attainable at reasonable prices. More essential workers, such as teachers, police, and firefighters, are forced to move out of the communities they call home. Workforce housing ensures that workers can live and thrive in the communities where they work and play.
Preservation Loan Program
Affordable housing communities and projects across the country are struggling to meet the demands of high interest rates and debt service payments. Many existing affordable housing projects with floating loan terms have created interest payments well above existing budgets, leading to smaller cash flows and difficult operating situations.
To address this need, the Call to Action Foundation launched a program that offers short-term preservation loans at below-market rates to help ensure projects can continue to operate and succeed even as interest rates plateau or increase.
Applicants must have at least 40% of units restricted to 60% or below AMI and an additional 35% of units at or below 80% AMI. Please note that these loans are extended only to eligible affordable housing projects located in the Wasatch Front, Utah; Carson City, Nevada; and Boise, Idaho. Loans do not apply to individuals.
To learn more about our Preservation Loan Program and eligibility, please click here.