A Transformative Single-Family Housing Solution
Our Mission, Your Future.
Chattanooga Neighborhood Enterprise believes the future of Chattanooga is rooted in the vibrancy of all our neighborhoods and the prosperity of all our people.
What is home?
A place to find shelter and rest. A place to welcome others. A place where we can build lives of stability, prosperity and joy with the people who matter to us the most.
For many families in our community, however, finding a home is a dream that is slipping farther and farther out of reach.
CNE Homes is addressing this growing affordability crisis in Chattanooga by building and delivering customizable modular homes to working families. This innovative approach aims to bring stability, prosperity and joy to families by providing them with the opportunity to own their homes and become part of vibrant neighborhoods.
CNE Homes. Bringing you home.
Good for neighborhoods.
Good for Chattanooga.
Homeownership is about building assets while home-building is about creating a path to employment.
CNE Homes is...
Continuing to fulfill the CNE mission. CNE Homes will provide high quality, single-family homes for families earning between $62,000 and $85,000 per year. By delivering homes at a price point families can afford without additional subsidies, ownership becomes possible for those who may otherwise face enormous challenges.
Building on a history of success. CNE knows that homeownership is a proven wealth-builder. CNE is the region's top originator of mortgages for minority homebuyers. Since 1993, 53% of CNE homebuyers have been people of color. Through programs like down payment assistance, CNE makes homeownership attainable for lower-income families, enhancing their financial stability and independence.
Creating good jobs by creating good homes. Constructing CNE Homes in Chattanooga provides job opportunities in a high-demand, skilled trade.
Utilizing smart design and quality materials. By using high quality materials, we ensure the durability and longevity of our products, reducing the need for frequent repairs and replacements. Our homes are designed to be energy efficient, which will reduce utility costs for homeowners and lessen the overall environmental impact.
Reducing our environmental impact. By constructing our homes in a central location, we're reducing the environmental impact associated with transporting building materials and completing homes.
Promoting sustainability, reducing the strain on resources. The average new construction home price per square foot in Chattanooga is $239. CNE Homes aims to reduce this cost by 25% making homes more affordable while also boosting their environmental sustainability. By providing affordable housing options that require no additional subsidy, CNE Homes is also reducing the strain on resources.
Generating revenue for a successful social enterprise. CNE Homes operates as a social enterprise, meaning the revenue from the sales of these homes will be used to fund other aspects of CNE's mission. To learn more about CNE, visit cneinc.org.
