#764of 1,000 in 2025

City First Homes INC

Location
Washington, District of Columbia
Sector
Housing
Founded
2007
Website
homesbycfe.org
268%Three-year growth, FY2022 to FY2025
$2.2MFY2025 revenue
0Employees, FY2025
#61of 74 in Housing
#26of 29 in District of Columbia

Revenue by fiscal year

FY2022: $586,625 $587K FY22 FY2023: −$1,439,401 −$1.4M FY23 FY2024: $1,449,086 $1.4M FY24 FY2025: $2,156,872 $2.2M FY25

We count pledges when the cash is received, not when they’re promised, so these numbers differ from City First Homes INC’s 990. How we count pledges

Where revenue came from, FY2025

Gifts and grants
$2.1M · 99%
Other revenue
$17K · 1%
Total revenue on the 990
$1,356,444
Investment income
− $199,572
Pledge payments received this year, promised in an earlier year
+ $1,000,000
Revenue we count
$2,156,872

What it does

City first homes (dba homes by cfe) increases homeownership for low- to moderate-income households, strengthening disinvested communities and helping to build generational wealth and opportunity.

City first homes (cfh) supports affordable housing in the district of columbia and maryland. In 2022 we rebranded cfh as "homes by cfe and launched a special purpose credit program to provide borrowers with access to affordable down payment and closing cost assistance.

Leadership

Oswaldo AcostaPresident and CEO

EIN 26-2335395 · Full filings on ProPublica

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