Global Brigades, a 501(c)(3) nonprofit established in 2008 and headquartered in Fresno, CA, is dedicated to empowering under-resourced communities through comprehensive health and economic development programs. Their latest initiative, the Montemar project in Southern Honduras, exemplifies a groundbreaking approach to affordable housing. They are seeking funding for pre-development costs associated with this new project. The loan will be repaid from the revenue received from sales of lots.
*Interest-only monthly payments with periodic capital paydowns
*Review Accredited Investor requirements
With nearly two decades of impactful work in Honduras, Global Brigades has been at the forefront of sustainable development in the region.
Originally acquiring an 80-acre property 15 years ago near San Lorenzo to house international volunteers, Global Brigades recognized a more pressing need: addressing the critical housing shortage affecting countless families.
This realization led to the inception of the Montemar project, transforming their mission to better serve the community’s evolving needs.
Located just five minutes from San Lorenzo in southern Honduras, this 80-acre property enjoys a strategic position along the Pan-American Highway. The land features a diverse topography, ranging from flat areas to gentle slopes and culminating in a dramatic incline with dense vegetation and three natural creeks. Montemar’s master plan prioritizes environmental stewardship, preserving nearly all the existing trees and the natural flow of the creeks. Montemar is also utilizing eco-block construction made from the very soil of the property, significantly reducing our carbon footprint. This commitment to sustainability ensures that Montemar harmoniously integrates with its natural surroundings.
Montemar is more than just a housing project; it’s a catalyst for change in Southern Honduras. By supporting Montemar, you’ll directly address the region’s critical shortage of affordable housing, estimated to be in the hundreds of thousands of units.
Your contribution will help families achieve the dream of homeownership through accessible seller-financing, empowering them to build equity and financial stability.
Moreover, Montemar provides Global Brigades with a sustainable funding source and blueprint for scale, enabling them to expand their vital development programs and create a lasting impact around the world. This innovative model aims to set a new standard for affordable housing, demonstrating that quality living spaces can be both attainable and environmentally responsible, not just in Honduras, but globally.
Understanding the financial barriers faced by low-income families, Montemar’s strategy focuses on facilitating access to the government’s new low-interest loan program for homeownership. Many families currently lack the credit history required by banks administering the program. To address this, Montemar empowers families to build credit through incremental payments for their land lots.
