Empowering Renters:
Achieve Home Ownership & Build Generational Wealth
Transforming Renters into Homeowners with Innovative, Community-Driven Solutions.
The American Dream Home Ownership Program empowers individuals and families in New York and New Jersey, to achieve home ownership through innovative solutions, collective savings and joint ventures. By pooling resources together and leveraging community networks, we lower mortgage barriers, accelerate savings, and transform renters into homeowners, fostering equity, stability, and generational wealth.
Financially challenged minorities often face hurdles when applying for mortgages. Low wages make saving for a down payment difficult, while limited credit history and existing debt reduce loan options and increase interest rates.
Mortgage process
Beyond finances, complex mortgage processes and legal jargon can overwhelm minorities. Language and cultural barriers further limit access to home ownership.
housing market
Finding rental housing can be difficult for financially challenged minorities due to landlord bias, discriminatory applications, and fierce competition
for affordable units.
• Ahmed is a hardworking Uber driver in New York.
• He earns approximately $50,000 annually from driving full-time.
• Mortgage lenders require income between $120,000 and $130,000.
• His current earnings fall far below mortgage qualification standards.
• New York’s high rent makes saving even more difficult.
• At this rate, homeownership may take over 10 years.
• ADHOPE exists to change stories like Ahmed’s for good.
• Isabel immigrated to the U.S. with her daughter.
• She has over 15 years of hairstyling experience.
• Owns a salon earning about $70,000 per year.
• Maintains a strong savings account and financial discipline.
• Ready to invest in her dream of homeownership.
• Seeks stability and a permanent place to call home.
• ADHOPE supports her journey toward owning a home.
• Alejandro immigrated from Spain and settled with his family.
• He works as a self-employed contractor in construction.
• Alejandro built a thriving business earning $130,000 annually.
• He has saved enough for a solid down payment.
• Navigating U.S. mortgage processes remains unfamiliar and complex.
• Seeking guidance to secure homeownership in a new country.
• ADHOPE supports immigrants like Alejandro through every mortgage step.
The American Dream Home Ownership Program & Empowerment tackles affordability by letting Ahmed, Isabel, and Alejandro co-buy, making monthly payments manageable. It helps them overcome income and credit limitations by pooling resources. They build ownership and equity over time, and the project provides community support to navigate the process. This creates long-term stability, especially for families like Isabel's.
Why pay $3,000 to $4,000 per month in rent & expenses when you can pay the same amount towards a mortgage and own that house?
Our Vision
To be the go to company for building generational wealth in New York and New Jersey within the next 5 years.
Our Mission
We help individuals and families achieve the American dream of homeownership through affordable housing, financial guidance and joint venture solutions
Our Core Values
-
Empowerment: Enabling individuals and families, especially immigrants, to achieve home ownership and build generational wealth by providing the tools, resources, and support needed to overcome financial barriers.
-
Community: Fostering a sense of collective responsibility and trust through joint ventures, pooling resources, and leveraging community networks to create sustainable and supportive pathways to homeownership.
-
Equity: Ensuring that homeownership opportunities are accessible to all, particularly underrepresented groups, by offering affordable housing solutions that promote fairness and inclusivity in the housing market.
-
Innovation: Utilizing creative and culturally relevant financial strategies, such as Esusu, to accelerate the homeownership process and reimagine traditional pathways to owning a home.
-
Stability: Providing long-term financial stability and security for families by transitioning them from renting to homeownership, thus fostering stable communities and reducing economic vulnerability.
Our Goals Over the
Next 5 Years
2024
- Secure 100 homes and deploy them to families.
- Establish a strong partnership with lenders, finalize investor pitches, and create a pipeline of end-buyers by leveraging strong partnerships with religious groups.
2025
- Expand the client network seeking home ownership opportunities and begin measuring the project’s impact.
- Secure an additional 100 homes for different families.
2026
- Secure an additional 100 homes for different families.
- Explore alternative funding models to ensure long-term sustainability.
- Help refinance some of the properties already deployed.
2027
- Expand to other geographical areas in New York to reach more immigrants.
- Secure an additional 100 homes for different families.
- Develop educational programs to empower future homeowners.
2028
- Secure an additional 100 homes for different families.
- Conduct a comprehensive evaluation of the project’s long-term social and economic impact on immigrant communities.
Our Goals Over the
Next 5 Years
2024
- Secure 100 homes and deploy them to families.
- Establish a strong partnership with lenders, finalize investor pitches, and create a pipeline of end-buyers by leveraging strong partnerships with religious groups.
2025
- Expand the client network seeking home ownership opportunities and begin measuring the project’s impact.
- Secure an additional 100 homes for different families.
2026
- Secure an additional 100 homes for different families.
- Explore alternative funding models to ensure long-term sustainability.
- Help refinance some of the properties already deployed.
2027
- Expand to other geographical areas in New York to reach more immigrants.
- Secure an additional 100 homes for different families.
- Develop educational programs to empower future homeowners.
2028
- Secure an additional 100 homes for different families.
- Conduct a comprehensive evaluation of the project’s long-term social and economic impact on immigrant communities.
Our Goals Over the
Next 5 Years
2024
- Secure 100 homes and deploy them to families.
- Establish a strong partnership with lenders, finalize investor pitches, and create a pipeline of end-buyers by leveraging strong partnerships with religious groups.
2025
- Expand the client network seeking home ownership opportunities and begin measuring the project’s impact.
- Secure an additional 100 homes for different families.
2026
- Secure an additional 100 homes for different families.
- Explore alternative funding models to ensure long-term sustainability.
- Help refinance some of the properties already deployed.
2027
- Expand to other geographical areas in New York to reach more immigrants.
- Secure an additional 100 homes for different families.
- Develop educational programs to empower future homeowners.
2028
- Secure an additional 100 homes for different families.
- Conduct a comprehensive evaluation of the project’s long-term social and economic impact on immigrant communities.
Our Process
We guide individuals through preselection, credit fixing, and navigating the mortgage qualification process.
-
1. Sign Up
Complete our Intake Form and submit necessary personal and financial documents.
-
2. Matching
We will match you with one or two individuals from our pool of applicants, considering compatibility and financial profiles.
-
3. Credit Check
We will conduct a Credit Check to assess your eligibility for a mortgage. If your credit score is too low, you may need to pay for credit repair services until it reaches the required level. Once eligible, proceed to pay a commitment fee toward the house downpayment.
-
4. Property Selection
Within 3 to 4 months, we will identify and secure a property that aligns with your preferences and financial profile.
-
5. Final Steps
Inspect the property and make the balance downpayment towards the mortgage.
Upon completion, you will take ownership and begin making monthly mortgage payments, gradually owning your home.
Take the first step to getting your american dream home.
Client Testimonials & Recommendations
See how minority groups like you turned 3,000 rent into 2,000 mortgage payments by teaming up with trusted friends from their Religious and Cultural groups.
Meet the team
Maureen Williams
Founder
- Chase Manhattan Bank
- SunTrust Bank
- Crestar Bank
- 35+ years of experience
- Brooklyn College
Schelton Assoumou
Senior Managing Director
- JP Morgan Investment Banking, Capital Markets; Proprietary Trading Equity
- $25+ Billion in Closed Transactions
- 100+ Million of real estate transactions
- 20+ years’ experience
- MBA Harvard Business School
Martin Assoumou
Chief Operating Officer
- Chevron Oil-Trading Manager
- World Bank-Operating Manager
- Fruit CI CEO
- 40+ years of experience
- Columbia University
Robert Hodges
Board Member
- Founder & CEO, Proficio Consulting
- Co-Founder & CEO, Dent Clinics
- Co-Founder & CEO, Xuma Medical
- COO, Veredus Labs (Acquired by Sekisui Chemical)
- Director, Biomedical BU and Molecular Diagnostics BU, STMicroelectronics
- BS Math, BS Physics, BS EE The University of Texas at Austin
- MS EE The University of Texas at Dallas
Patrick Irene
Head Administration & Finance
- Construction Project Coordinator
- Construction Financial Analyst
- Account Officer
- PMI- Project Manager
- ACCA- ACA (CPA equivalent)
- Ambrose Alli University
- 10+ Years of Experience
Adekola Adelaja
Head Business Development & Sales
- Project Business Analyst
- 15+ yrs Project Management
- 8+ yrs Business Analyst
- 5+ yrs Management Consultant
- FUTA, Nigeria
Asiya Baptiste
Admin
- BNYC – Assistant Construction Mgt
- Travel Admin, Zara Travel Agency
- Sales Clerk, Tektronic
- 4+ years experience
Get in touch
Whether you’re just starting your homeownership journey or ready to take the next step, we’re here to guide you. Send us a message and one of our team members will get in touch to walk you through your options.