What is Next Step?
Next Step Network is a nonprofit organization committed to fostering affordable homeownership. Since its inception in 2004, the company has focused on enhancing the manufactured housing industry by promoting high-quality, factory-built homes. It equips homebuyers, particularly first-time buyers, with essential tools and resources, including financing guidance and educational programs, to facilitate sustainable homeownership. The organization has set an ambitious goal to assist 250,000 homebuyers and penetrate new markets by 2026, emphasizing energy efficiency and cost reduction in its model.
How much funding has Next Step raised?
Next Step has raised a total of $156K across 1 funding round:
Debt
$156K
Debt (2021): $156K with participation from PPP
Key Investors in Next Step
PPP
Public-Private Partnership
What's next for Next Step?
With a substantial funding history and a clear mission for growth, Next Step Network is poised for significant expansion. The recent strategic investment is expected to fuel its initiatives to reach 250,000 homebuyers and enter new geographical markets by 2026. This capital infusion will likely support the scaling of its operations, the enhancement of its financing tools, and the continued transformation of the manufactured housing industry towards greater affordability and sustainability.
See full Next Step company page
