Skip to Content
New Homes

New Homes


Healthy Homes for People, Neighborhoods and the Earth

The cornerstone of every neighborhood is housing. Matthew 25 builds new housing in unique, seasoned neighborhoods with character. Our homes seek to blend affordability, beauty, sustainability and health.

We seek home purchasers who want to connect with others and build a meaningful life. We believe in the core neighborhoods of Cedar Rapids and we work with others who want to be part of building a vibrant, caring community with plenty of places to grow, work and play. Contact us if you want to learn more about available homes.

Quality Affordable Single-Family Homes

Matthew 25 is currently building two beautiful new construction homes on the west side of Cedar Rapids. Built with low maintenance and energy costs in mind, these two gems are affordable, sustainable, quality homes featuring the following:

  • 3 Bedrooms
  • 2 Bathrooms
  • Basement with spacious living room, bedroom, and bathroom
  • Open concept kitchen with island
  • Quartz countertops and soft-close hinges on cabinets
  • Contemporary lighting
  • Large front porch
  • Lots of windows and natural light
  • Parking pad (no garage)
  • High-energy furnace
  • Energy Star appliances

Homes are located at:
806 5th Ave SW, Cedar Rapids
515 9th St NW, Cedar Rapids

5th St new Construction

Both newly constructed homes, with existing subsidies, have been marked down to a selling price of $224,500.  Neighborhood Finance Corporation (NFC) has homebuyer subsidy, grant and loan opportunities. Leveraging all available subsidies, the selling price of these homes can be further reduced to $166,500.​

Interested in purchasing one of the homes? Homebuyers must make 80% or less than area median income and plan to live in the home. 

If you qualify, please fill out and submit this Home Buyers Questionnaire.

Net Zero Homes in Time Check

Matthew 25 is working to revitalize the Time Check neighborhood with healthy, future-focused housing that serves both people and the planet. Each lot will have a primary dwelling unit and two accessory dwelling units (ADUs). Homes will be:

  • Built on vacant lots leftover from the flood of 2008
  • Designed and built using sustainable building practices
  • Furnished with energy efficient heating and cooling systems and appliances
  • Designed with front porches and yards that encourage community building among neighbors
Sketched image of new homes

We will be partnering with local developers and using a variety of funding streams to fill the gap between affordability, market pricing, and building costs.

At Matthew 25, we know that a diverse community that includes a multitude of housing options for people at a variety of income levels is the healthiest place to live. Contact us if you’re interested in learning more or purchasing one of the homes we’re building.