{"id":18848,"date":"2026-05-05T19:46:01","date_gmt":"2026-05-06T00:46:01","guid":{"rendered":"https:\/\/1reason.com\/re\/ownify-launches-colorado-home-fund-and-welcomes-boulder-based-tech-investor-keith-kegley-to-advisory-board\/18848\/"},"modified":"2026-05-06T14:46:01","modified_gmt":"2026-05-06T19:46:01","slug":"ownify-launches-colorado-home-fund-and-welcomes-boulder-based-tech-investor-keith-kegley-to-advisory-board","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/ownify-launches-colorado-home-fund-and-welcomes-boulder-based-tech-investor-keith-kegley-to-advisory-board\/18848\/","title":{"rendered":"Ownify Launches Colorado Home Fund and Welcomes Boulder-Based Tech Investor Keith Kegley to Advisory Board"},"content":{"rendered":"<div>\n<p>Keith Kegley<\/p>\n<p>&#013;<\/p>\n<figure>&#013;<br \/>\n    <img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" title=\"Keith Kegley\" alt=\"Technology Investor &amp; Venture Philanthropist\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/a537ce09-01b2-4a7b-994a-62e94866439d\">&#013;<figcaption>Technology Investor &amp; Venture Philanthropist<\/figcaption>&#013;<br \/>\n  <\/figure>\n<p>&#013;\n<\/p><\/div>\n<div style=\"float:right;padding:0 0 15px 20px;margin:15px 0 20px 20px;width:300px\">&#013;<\/p>\n<p>Frank Rohde<\/p>\n<p>&#013;<\/p>\n<figure>&#013;<br \/>\n    <img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" title=\"Frank Rohde\" alt=\"CEO, Ownify\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/c8172e96-2c50-437b-aa70-2f2e43a89b7c\">&#013;<figcaption>CEO, Ownify<\/figcaption>&#013;<br \/>\n  <\/figure>\n<p>&#013;\n<\/p><\/div>\n<p align=\"left\">SAN FRANCISCO and DENVER, May  06, 2026 <a href=\"https:\/\/www.globenewswire.com\" target=\"_blank\" rel=\"noopener\">(GLOBE NEWSWIRE)<\/a> &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UFgJlwcAP1gvHyQVW19M3uvPiuOIvvLSqvBzLotju6j21rkrpOOmmQBfaaKQdh_oWEHCFXs6boOEpeYFIZaDVw==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>Ownify<\/u><\/a>, the fractional homeownership platform rebuilding affordable housing access, today announced the launch of the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UFgJlwcAP1gvHyQVW19M3mRzBn159ZgyrQMW0tw4zplM5nlrxUMT1vBB0JacvlF2nt5XxsxL2DJIk2YKmZoCg9pt-SbKvWev8xmnq77rr_Vm9iHInSV-yC5lUYsfplZEfkmyfw2R5s3WsPEBlDhUCA==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>Ownify Home Fund Colorado<\/u><\/a> and the appointment of Keith Kegley &#8211; Boulder-based investor, Principal of Meridien Partners, and longtime Social Venture Partners leader &#8211; to the company&#8217;s Advisory Board. Kegley will help guide Ownify&#8217;s expansion into Colorado, where the new fund will co-invest in single-family starter homes alongside qualified first-time homebuyers across the Front Range.<\/p>\n<p>Colorado is the sixth least affordable state in the country, with a price-to-income ratio above 7x and a shortage of more than 106,000 housing units. 60% of Colorado renters cite an insufficient down payment as the primary barrier to ownership. The Ownify Home Fund Colorado is designed to address this crisis directly &#8211; not through subsidy, but through a structural innovation that aligns investor capital with homebuyer aspiration.<\/p>\n<p>The Ownify Home Fund Colorado will allow qualified homebuyers to buy their homes through a shared equity partnership rather than with mortgage debt. By partnering investors in the fund with homebuyers, Ownify\u2019s fractional ownership structure reduces the down payment requirement to 2% and lowers monthly cost of ownership by 10-15% compared to mortgage-based options. For investors, the Fund targets a 10\u201314% equity return and a 4% debt return for accredited investors. The fund is built on a track record established by Ownify Home Fund 1, which has produced an average annualized return of 12% since 2023 across its portfolio of co-owned homes in Raleigh-Durham, Charlotte, and Nashville.<\/p>\n<p>&#8220;Keith has spent his career at the intersection of technology, capital, and community impact, and he understands Colorado from the inside out,&#8221; said Frank Rohde, CEO and Founder of Ownify. &#8220;Launching the Ownify Home Fund Colorado is an important step in helping more first-time buyers squeezed out of the market, and Keith&#8217;s voice on our Advisory Board &#8211; and on the ground in Boulder &#8211; gives us exactly the perspective we need. He sees what we see: that the affordability crisis along the Front Range is solvable if you align capital, technology, and community the right way.&#8221;<\/p>\n<p>Kegley brings a rare combination of operating, investing, and philanthropic experience to Ownify. He spent 15 years at Microsoft in senior product and emerging-markets roles, served as Vice President of Alliances at XPRIZE, and is a 24-year Partner and Board Member at Social Venture Partners.<\/p>\n<p>&#8220;After more than two decades investing in Colorado-based social ventures, I&#8217;ve watched the Front Range housing crisis escalate from a problem into an emergency &#8211; and I&#8217;ve watched a lot of well-intentioned programs fail to move the needle,&#8221; said Keith Kegley. &#8220;Ownify is the first model I&#8217;ve seen that&#8217;s structurally built to scale: it doesn&#8217;t rely on subsidies, it genuinely presents a better path for renters becoming owners, and it doesn&#8217;t ask investors to take a haircut for the sake of impact. The co-investment structure removes the moral hazard that&#8217;s plagued the down payment assistance model for decades, gives Colorado families a real path to building wealth, and keeps local capital working in local communities. I joined the Advisory Board to help bring this fund to the Front Range, and to make sure the next teacher, nurse, or first responder who wants to own a home in Colorado actually can.&#8221;<\/p>\n<p>&#8220;Colorado has tried just about every flavor of down payment assistance, and I&#8217;ve evaluated most of them up close,&#8221; said Kegley. &#8220;The honest assessment is that they help at the margin &#8211; they chip in on the down payment, but the buyer still walks into a full mortgage at today&#8217;s rates and still carries all of the downside risk if the market turns. Ownify is the first program I&#8217;ve seen that lowers the upfront cost, lowers the monthly payment, and removes the risk of being underwater &#8211; all at the same time. That&#8217;s a structural change, not an incremental one, and it&#8217;s why I believe this fund will actually move the needle where past programs haven&#8217;t.&#8221;<\/p>\n<p>Through the Ownify model, qualified first-time buyers contribute as little as 2% to acquire a home alongside fund capital and then buy incremental equity through dollar-cost averaging to roughly 10% equity over five years. At the end of five years, customers transition to mortgage-based ownership at Fair Market Value, using the accumulated equity to lower their mortgage payments. Investors gain quarterly distributions, K-1 pass-through depreciation, and a pro-rata share of home price appreciation. Compared with a conventional mortgage, families purchasing through Ownify have saved approximately $29,000 on their down payment and approximately $392 per month in housing costs, while building roughly $17,000 in equity within the first two years.<\/p>\n<p>The Ownify Home Fund Colorado is open to accredited investors and accepts cash, IRA, self-directed 401(k), and Donor-Advised Fund (DAF) commitments. For more information, visit https:\/\/ownify.com\/investors\/colorado-home-fund.<\/p>\n<p>Photos accompanying this announcement are available at: <\/p>\n<p><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2R_sdtmnsSa0I-Hzm-xjq3GM694OkWY_KztRvy_G3UmNpciEHAutNjatto0gqM3z7BHzPv4Jaq7qDokcrJAipJx8LWxahu_Z8HHs1F72OW4UY4dO9h25xjp9_sBxerMu6eYNQ6fHqAHCjtLXTtjk3m15c2Kb3YqYpEhS-CdwGRPvsdPkIZqwj_AeAJBFaRVdqfSrSJuozS8lU0v9mOvKBUZGzZGJDhrJ7WnH-W_gbeohXXHt19-bBroepaIBZrJNbsZgHpvOoVelXPASKHYnHg==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/a537ce09-01b2-4a7b-994a-62e94866439d<\/a><\/p>\n<p><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2R_sdtmnsSa0I-Hzm-xjq3GM694OkWY_KztRvy_G3UmNpciEHAutNjatto0gqM3zqRZgByvzdgz6sKfRNxBljFoVsxQYGxRVGksCexEAZ0Or4O3NFiKSzbk4DpDi4iONzAnM51njEbNlM0aJ_WxKVrU66DPm2Kbc6atNuVPsDvy4qYIDdV8zvLIlsz_vBJJHNk79Kv0KoXFTcuTtjPdfaVl70J71BUTbz5qmNawSNmKrtTw8egwBOaHqeKNvVHAptMlkxAJMGjIc8PbCiv6R4A==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/c8172e96-2c50-437b-aa70-2f2e43a89b7c<\/a><\/p>\n<pre>CONTACT: press@ownify.com&#013;\n415-573-2521<\/pre>\n<p><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/MWRmMjM2MGYtM2ZiYy00NWQ2LTk1ZTUtMjIxMDNkMmFmZTk5LTEzMjMyMjQtMjAyNi0wNS0wNi1lbg==\/tiny\/Ownify-Inc.png\"><\/p>\n","protected":false},"excerpt":{"rendered":"<div>\n<p>Homeownership Fund is designed to provide more affordable path to ownership for middle-income Coloradans. Veteran Microsoft executive and Social Venture Partners leader joins Ownify to help scale equity-based homeownership across Colorado&#8217;s Front Range<\/p>\n<div>&#013;<\/div>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/18848"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=18848"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/18848\/revisions"}],"predecessor-version":[{"id":18854,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/18848\/revisions\/18854"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=18848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=18848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=18848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}