Nonprofit housing refers to residential properties developed and managed by organizations that operate without the goal of making a profit. These organizations aim to provide affordable housing options for low- and moderate-income individuals and families. They often rely on funding from government grants, donations, and community support to maintain their operations and keep housing costs low. These housing initiatives can include various types of accommodations, such as affordable apartments, single-family homes, and transitional housing for those in need. Nonprofit housing organizations often work in collaboration with local governments and community groups to address housing shortages and improve living conditions in underserved areas.