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Residential housing leader unveils Impact Report highlighting $3.75 billion economic impact to local communities and $5.38 million in charitable giving
COLORADO SPRINGS, Colo., Feb. 19, 2025 /PRNewswire/ — The Challenger Group, a Colorado Springs-based leader in homebuilding, rental community construction and land development, has released its 25th Anniversary Impact Report, themed “Making Life Better.” The report highlights the company’s growth from a business started in a family garage to a leader in residential housing, showcasing its dedication to excellence, innovation and addressing the evolving needs of homeowners and communities across the nation.
The Challenger Group of companies began in 2000 with Challenger Homes and now operates through its three key companies – Challenger Homes, National Builder Group and Goodwin Knight – each contributing to the company’s mission of Making Life Better. Over the years, The Challenger Group has made a lasting impact by prioritizing community engagement, driving economic growth and transforming the way attainable housing is developed nationwide.
- 10,500 Homes Sold and 2,600 Homes Rented: The company has delivered homes to thousands of families, with a focus on affordable housing options that cater to the “missing middle” demographic – those earning 80% to 120% of the Area Median Income (AMI).
- 40,000 Jobs Created and $1.35 Billion in Wages Paid: Through the past 25 years, The Challenger Group of companies have been responsible for creating 40,000 jobs and $1.35 Billion of direct and indirect wages paid.
- $3.75 Billion Economic Impact: Over the past 25 years, The Challenger Group’s activities have had an estimated economic impact of $3.75 Billion. This includes designing communities, building homes, constructing rental housing and developing commercial properties.
- $5.38 Million in Charitable Contributions: Through the years, The Challenger Group has contributed $5.38 million in cash, plus paid employees to volunteer thousands of hours for charitable causes including organizations like Pikes Peak Habitat for Humanity, Tri-Lakes Cares, Rancho Feliz Charitable Foundation and Compassion International. The company primarily supports charitable initiatives dedicated to improving housing, education, healthcare and food security.
- Hometown Heroes and Affordable Housing: Through special incentives for military personnel, first responders, educators and healthcare workers, The Challenger Group helps make homeownership attainable. Through these incentives, more than $15 Million in savings have been passed on to military buyers.
- Nationwide Operations and Global Impact: The Challenger Group operates in key regions across the U.S., including Colorado, Florida, Texas and Ohio, with projects that expand its reach. Through the Making Life Better Foundation, the company has also contributed to building homes in Agua Prieta, Mexico, and has provided clean water to thousands in need worldwide.
In the words of Brian Bahr, CEO and Founder of The Challenger Group, “The idea behind Making Life Better for our customers, employees, trade partners, investors and communities is that we can treat individuals with respect, strengthen others and create thriving communities together. As we celebrate 25 years, let’s remember – we’re just getting started!”
Looking ahead, The Challenger Group remains dedicated to its strategy to provide attainable housing and build strong communities across the U.S. and throughout the world. With new developments underway and a commitment to innovation, the company is poised to remain a housing leader.
For more information about The Challenger Group’s 25th Anniversary Impact Report, please visit https://www.flipsnack.com/7B655F66AED/the-challenger-group-2025-impact-report-dnfoasfk9s/full-view.html, and for additional information on companies within The Challenger Group, visit https://challengerhomes.com/, https://www.nationalbuildergroup.com/ or https://goodwinknight.com/.
About Challenger Homes
Challenger Homes is a Colorado Springs-based homebuilder whose mission is Making Life Better for homebuyers, employees, trade partners and the local community. Over the last 25 years, Challenger Homes has grown into Colorado’s most trusted new home builder and offers incentives for Veterans, teachers, first responders, nurses and Doctors to achieve homeownership.
About National Builder Group
National Builder Group is a proud part of The Challenger Group of companies. The National Builder Group was started with the idea of geographically expanding the mission of Making Life Better. By helping other building professionals start and operate their own homebuilding businesses, the National Builder Group has grown from concept to more than two dozen builders across the United States. The National Builder Group is now the fastest growing network of non-franchised, owner-operator led companies in the industry. These building companies are performing at the highest levels in the industry and have already won national awards.
About Goodwin Knight
Goodwin Knight makes life better by building attainable housing for the missing middle. All Goodwin Knight projects target the “missing middle,” those who make too much to qualify for a subsidy, but not enough to afford the sky-high cost of housing. Goodwin Knight fulfills the mission of Making Life Better by providing a quality housing experience to the company’s “for rent” customers.
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SOURCE The Challenger Group
