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Grand Rapids, MI

NEW DEVELOPMENT CORPORATION

EIN 38-3326468
Housing, Food & Basic Needs Affordable Housing & Tenant Rights Low-income
Mission

To help build healthy neighborhoods by providing affordable housing opportunities in the Belknap, Creston and Stocking neighborhoods of Grand Rapids; to assist people with modest incomes to buy homes they love.

IRS-recognized 501(c)(3) public charity Contributions are tax-deductible
Claim this page Visit www.newdevelopmentcorp.org

About NEW DEVELOPMENT CORPORATION

New Development Corporation (NDC) is a community development nonprofit in Grand Rapids that acquires, rehabilitates and resells single-family houses to income-qualified buyers while providing homebuyer education and related services. ([volunteermatch.org](https://www.volunteermatch.org/search/org977186.jsp?utm_source=openai))

NDC operates neighborhood-focused housing rehabilitation and homeownership-support programs and runs volunteer income tax assistance and financial-capability activities in partnership with local institutions. The organization maintains active participation in City of Grand Rapids community development planning and reported recent Form 990 financial activity in 2023–2024. ([causeiq.com](https://www.causeiq.com/organizations/new-development-corporation%2C383326468/?utm_source=openai))

Notable achievements

Established community housing developer

Organized in the mid-1990s and recognized as a tax-exempt 501(c)(3) organization, NDC has sustained nearly three decades of neighborhood housing work in Grand Rapids (tax-exempt since 1998). ([projects.propublica.org](https://projects.propublica.org/nonprofits/organizations/383326468?utm_source=openai))

Neighborhood housing rehabilitation and resale

Operates a rehabilitation-to-resale program that renovates vacant or deteriorated houses and sells them at affordable prices to income-qualified buyers, paired with homebuyer education and financial-capability services. ([volunteermatch.org](https://www.volunteermatch.org/search/org977186.jsp?utm_source=openai))

Recent foundation and local funding

Secured local grant support in recent years (including an identified $25,000 grant from the Flagstar Foundation in 2023) and has been included in City of Grand Rapids community development investment planning. ([causeiq.com](https://www.causeiq.com/organizations/new-development-corporation%2C383326468/?utm_source=openai))

At a glance

Total assets
$569K
Annual revenue
$725K
Tax status
501(c)(3)Public charity
EIN
38-3326468
Location
Grand Rapids, MI
Website
www.newdevelopmentcorp.org
On Mahalo since
May 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

Documented in ProPublica’s Nonprofit Explorer under EIN 38-3326468 with recent Form 990 financial entries (confirms EIN and tax-exempt filings). ([projects.propublica.org](https://projects.propublica.org/nonprofits/organizations/383326468?utm_source=openai))
Featured in local media coverage for housing-related grant awards and energy-efficiency repair funding (MSHDA award coverage). ([wgvunews.org](https://www.wgvunews.org/news/2022-04-28/mshda-awards-new-development-corporation-50-000-for-energy-efficient-home-repairs?utm_source=openai))
Listed among neighborhood housing partners in the City of Grand Rapids community development plans and CAPER reporting. ([grandrapidsmi.gov](https://www.grandrapidsmi.gov/media/erkdnuo5/fy-2023-caper-for-web.pdf?utm_source=openai))

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