Established in 1982, Manna aims to revitalize distressed neighborhoods, preserve racial and ethnic diversity, help low and moderate-income people acquire quality housing, and build assets for families through homeownership. To do so, it focuses on renovating and building affordable homes, and educating and training first-time homebuyers. Since 1982, Manna has created and preserved over 1,000 units of affordable housing for low and moderate-income DC residents. In that time, Manna homeowners have accrued over $60 million in equity. Manna also has developed an intensive and nationally recognized homebuyer education program. Its marketing strategies and post-purchase follow-up have paid off with a very low rate of foreclosure among Manna buyers of less than 1.2 percent.