Hometap & Heading Home Unite for Boston Housing Stability
Hometap, the Boston-based financial technology company pioneering debt-free home equity financing for American homeowners, today announced its Blueprint-level partnership with Heading Home, the Boston area’s largest provider of services for homeless families with children. This partnership reinforces Hometap’s commitment to addressing critical housing needs, both through its innovative home equity financing solutions and its corporate social responsibility initiatives supporting local nonprofit organizations.
“Our work at Hometap focuses on making homeownership less stressful and more accessible for homeowners,” said Jeffrey Glass, CEO of Hometap. “As we formalize our long-standing relationship with Heading Home, we’re expanding our commitment to support housing stability across our community. By addressing housing challenges at every level, we can create stronger pathways to sustainable homeownership.”
This partnership is a cornerstone of Hometap’s corporate social responsibility program, which focuses on investing in local communities, promoting diversity and inclusion, and advancing financial literacy. Building on seven years of volunteer support for Heading Home, this expanded commitment demonstrates Hometap’s dedication to community empowerment through financial education and support services that help families pursue homeownership goals.
“As a Boston-based company with a distributed workforce, we believe in actively strengthening our local communities,” said Andrea Garvey, Chief People Officer at Hometap. “Partnering with Heading Home aligns perfectly with our values and allows our team to support our neighbors during critical life transitions. We’re proud to work alongside an organization that creates such meaningful impact within Boston, our headquarters.”
This partnership will see Hometap employees actively supporting Heading Home’s mission through the organization’s signature Up & Out program and seasonal initiatives. The Up & Out program pairs corporate volunteer teams with families moving out of shelters into permanent housing. Volunteers purchase and assemble furniture, household goods, and essentials to transform empty apartments into welcoming homes, helping families establish a sense of stability and belonging.
Heading Home’s impact is crucial amid an ongoing family shelter crisis in the region. Over the past year, the organization has provided support to more than 8,400 individuals. Its deeply affordable housing portfolio has expanded by 56%, directly housing more homeless families and individuals. In addition to housing, Heading Home offers programs focused on homeless prevention, diversion, and emergency overflow services. This comprehensive approach ensures that families receive both immediate assistance and long-term solutions to achieve self-sufficiency.
“Ongoing support from committed partners like Hometap gives us the flexibility to respond in real time to shifting needs and is critical to our success,” said Heading Home CEO Danielle Ferrier, MBA, LICSW. “By collaborating with corporate partners, we can extend our reach and create lasting change for the families we serve.”
Beyond the Up & Out program, Heading Home provides essential support services, including housing search and placement, life-skills development, career coaching, financial education, and assistance with obtaining childcare and transportation. These wraparound services create a holistic framework that empowers families to overcome barriers and build sustainable futures. Over 90% of Heading Home’s clients remain permanently housed one year after securing stable housing, demonstrating the effectiveness of its comprehensive support model.
Hometap’s involvement in Heading Home’s seasonal initiatives further reflects its commitment to community engagement. Employees participate in activities such as holiday gift drives, back-to-school supply donations, and seasonal home maintenance projects, reinforcing the company’s belief in supporting families throughout the year. This hands-on engagement fosters a sense of purpose among Hometap’s workforce, strengthening both internal culture and external impact.
As part of its broader mission to make homeownership more accessible, Hometap offers innovative financial products that help homeowners unlock their home equity without taking on additional debt or monthly payments. Since its founding in 2017, the company has assisted over 15,000 homeowners across the United States, providing them with the financial flexibility to address life’s expenses, invest in their futures, and maintain long-term homeownership. In 2022, Hometap expanded its offerings with the launch of the Home Equity Dashboard, a digital platform designed to help homeowners make informed financial decisions about their homes. This comprehensive platform empowers users to track their home’s value, monitor market trends, and explore personalized financing options.
By partnering with Heading Home, Hometap extends its impact beyond individual homeowners to address broader housing challenges in its local community. This collaboration reflects the company’s belief that stable housing is foundational to individual well-being and economic mobility. Through both its financial products and community initiatives, Hometap aims to create a future where homeownership is accessible, sustainable, and empowering for all.
About Hometap
Founded in 2017, Hometap is a Boston-based fintech company on a mission to make homeownership less stressful and more accessible. Starting with its industry-leading home equity investment product, the company has helped over 15,000 homeowners across the U.S. access their home equity without taking on additional monthly payments or selling their home. In 2022, Hometap expanded its suite of innovative financial products and services with the Home Equity Dashboard, a digital platform designed to help homeowners at every stage of their journey make more informed financial decisions about their homes — and take action on those decisions — with confidence.
About Heading Home
Heading Home is the Boston area’s largest provider of services for homeless families with children, offering emergency shelter, transitional housing, and permanent supportive housing. With a focus on breaking the cycle of poverty and homelessness, Heading Home’s comprehensive support services help families achieve long-term stability and independence. Through partnerships with corporate volunteers and community organizations, Heading Home empowers individuals to build brighter futures, creating stronger and more resilient communities across Greater Boston.
