Pretium, a New York City-headquartered specialized investment firm focused on residential real estate, residential credit, and corporate credit, has introduced the nationwide not-for-profit partnership program “First Look Home,” which is designed to support the expansion of affordable homeownership.
According to the company, the First Look Home program will enable affordable housing-focused community partners to receive a “first look” at homes eligible for purchase in Pretium’s core markets prior to their public listing.
“Community engagement at a local level is an ongoing priority throughout the Pretium ecosystem, and the launch of First Look Home accelerates the impact of our contributions to addressing the nationwide housing shortage,” said Josh Pristaw, Pretium’s head of real estate. “The First Look Home program is designed to serve as a blueprint for future partnerships which enable Pretium to build relationships with impact-driven local nonprofits, provide a pipeline of affordable housing options, and support families across the country. We look forward to identifying community partners who share our vision, values, and commitment to driving economic mobility through housing choice as we build our one-of-a-kind First Look Home program.”