Mission
Our mission
We are committed to speed up the creation of affordable housing through faster financing.
We want to see communities thrive which involves access to housing that's dignified and affordable for all. To create housing faster, we first need to speed up the flow of funding.
Our story
It all started with experiencing the difficulties in housing finance first-hand
Builders Patch was founded by Kanan Ajmera who spent nearly two decades in affordable housing finance. Frustrated with the unnecessarily complex and lengthy processes that made it painful for both lenders and developers to finance a housing project, she decided to create a modern system that would do away with the manual repetitive tasks involved in due diligence collection, and provide transparency on how deals get funded & clarity on what steps are to be taken to close successfully.
She was joined in her mission by Uma Pandit, who brought her years of product development experience to create an intuitive, easy-to-adopt platform that anyone can use with even the most minimal tech understanding. Together, they created a powerful solution that can be deployed in days to build capacity and scale at an enterprise level.
The challenge In HOUSING
There is an affordability crisis. We need to build more housing... and fast.
We must build, renovate, and climate-proof over 7.3 million affordable rental units in the next decade to address the acute shortage in the US housing market. The first step is to speed up the flow of funding.
Challenges in housing finance
High demand, low supply, slow supply
America has a housing crisis. We need to build, renovate, and climate-proof over 7.3 million affordable rental units in the next decade to address the acute shortage in the US housing market.
Supply is lagging behind demand, but even projects that are under construction often take years to complete due to delays in the funding process.
The first step to accelerate the process of affordable housing development is to speed up the flow of funding. With our streamlined workflows, a project that took 3 to 6 months to get underwriting approval, now can be funded in just 30 days, drastically shrinking the financing timeline.
Complex processes, multiple players, disjointed systems
Multiple sources of funding need to be pooled together to finance a new development project. The process of applying for funding on the borrower's side, underwriting and disbursing funding on the lender's side is a lengthy, cumbersome process. For an industry this large and important, workflows can often be labour-intensive and dependent on legacy tools that haven't upgraded in years. We are changing this.
We are bringing all stakeholders of a deal onto a single platform, streamlining the way they work and empowering strategic decision-making with data-driven analysis. Our mission is to reduce the time, cost and effort required to finance the development and preservation of affordable homes across the country.
Capacity building and resource optimization
We believe that smaller staff sizes and limited resources shouldn’t be a hindrance of growth. Our platform helps small teams build the capacity they need and to disburse capital in their communities.
By removing the need to do hours of manual data entry through a digital interface that a new recruit can quickly adapt to, we are removing several hurdles to scaling. It doesn’t matter whether your team consists of 5 or 50 people, our technology infrastructure will help you process loan applications & disburse funds at scale.
Case studies
Stone Beam
How Stone Beam consolidated its tech stack to support growth at scale
With Builders Patch, Stone Beam has replaced a patchwork of software tools to manage deals and introduced an efficient, central system to organize all their deal data, documents, and internal workflows.
California Community Reinvestment Corporation
From fragmented to centralized: How CCRC transformed deal management with Builders Patch
California Community Reinvestment Corporation (CCRC) is a nonprofit lender specializing in affordable housing finance, including LIHTC deal, permanent financing and bridge financing. With a mission to expand access to affordable housing across California, CCRC manages a complex portfolio of loan products, developer relationships, and multi-department review processes.
Blog
Product updates
November 17, 2025
Kittle Property Group selects Builders Patch's AI platform to streamline affordable housing development and operations.
Events
May 29, 2025
Bridging innovation and community: reflections from the 2025 Montana Housing Partnership Conference.
Housing policy
August 30, 2024
New York City's C-PACE financing: PACE funding now available for new construction.
HousingCount
Decoding the housing crisis
A public data project to track and analyze the rental housing shortage across the country, highlighting where additional units are needed most.
Shortage statistics for households earning Under 50% AMI
- 25 states with severe shortage
- 82% of households rent-burdened
- 5.1 M total shortage of affordable units
Built by CRE professionals.
Industry expertise
With 20+ years in housing finance, founder Kanan Ajmera decided to build a software to solve the problem of disconnected data and processes, then brought together team of housing professionals to make it happen.
Customer success
Our dedicated customer success (CS) helps you onboard your team and deals, and keeps in touch with you afterwards to meet all your team's need.