Parity Homes
0–1 employees 1 principals
Last updated
About Parity Homes
Parity Homes is a real estate operator. Parity Homes operates in Baltimore, Maryland. Its investment focus is on Affordable Housing and Single-Family Homes.
Parity Homes is an equitable real estate development nonprofit founded in 2020 in West Baltimore, specifically in the Harlem Park neighborhood. The organization is led by founder and CEO Bree Jones and operates with a lean staff model—5 full-time employees, 3 fellows, and 1 part-time staff member . Parity acquires, assembles, and rehabilitates abandoned rowhomes by the block, rather than individually, targeting concentrated urban areas to create affordable homeownership opportunities. By mid-2024, Parity owned approximately 40–50 properties in West Baltimore, with 3 homes completed, about 15 under construction, and plans to renovate roughly 20 homes per year . The cost to acquire and rehabilitate each home averages around $350,000, and homes are sold at roughly $280,000—about $100,000 below typical appraised values—to foster equity and affordability.
Principals at Parity Homes
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Recent activity at Parity Homes
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Parity Homes's project portfolio
No projects on file for Parity Homes yet.
Markets and themes
Markets Parity Homes operates in
Investment themes at Parity Homes
Capabilities
- Construction Management
- Custom Homes
- Site Development
- Sustainability
- Technology-forward
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Frequently asked questions about Parity Homes
- What does Parity Homes do?
- Parity Homes is an equitable real estate development nonprofit founded in 2020 in West Baltimore, specifically in the Harlem Park neighborhood.
- What markets does Parity Homes operate in?
- Parity Homes is active in Baltimore, Maryland.
- How many employees does Parity Homes have?
- Parity Homes has 0–1 employees.