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Government-Adjacent Housing Enterprise

Making Cardboard Housing Affordable

Alley Wae supports the secondary cardboard housing market, providing liquidity and stability to ensure sustainable shelter for all Americans.

Press Releases

January 8, 2026
Cardboard Rates Hold Steady Despite Rain Forecast

Alley Wae today released the results of its Primary Cardboard Market Survey (PCMS), showing the 30-year fixed-rate cardboard mortgage averaged 47.3%. "Despite adverse weather conditions, rates remained within a narrow...

January 6, 2026
Alley Wae Single-Box Issued $4.2M in 2025 Box-Backed Securities

Alley Wae's Single-Box division issued over $4.2 million in Box-Backed Securities (BBS) in 2025, marking a 340% increase in alleyway investment activity year-over-year...

January 2, 2026
2025 Year-End NALC Designations for BOXCAR Trust and CRATE Debt Notes

The National Association of Lifestyle Communities (NALC) has issued year-end designations for Alley Wae's BOXCAR REMIC Trust, BOXCAR Trust, and CRATE Debt Notes...

December 18, 2025
Q3 2025 Financial Results: Record Alleyway Occupancy

Alley Wae reported record alleyway occupancy rates in Q3 2025, with 94.7% of financed cardboard units currently sheltering residents. "Our mission is working," said CEO...

More Press Releases

Cardboard Rates

Average rates as of January 8, 2026

Read more about our Primary Cardboard Market Survey®.

Get Weekly Rates
30-Year Cardboard Box
47.3%
15-Year Refrigerator Crate
39.8%
Adjustable Tarp Rate (ATR)
52.1%

Our Business

Alley Wae operates across multiple divisions to serve the complete cardboard housing ecosystem.

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Single-Box

Financing solutions for individual cardboard dwellings, refrigerator crates, and premium appliance boxes. We help aspiring homeowners achieve the dream of box ownership.

Explore Single-Box →
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Multi-Box

Investment opportunities in multi-unit cardboard complexes, alleyway condominiums, and underpass developments. Ideal for institutional investors and slumlords.

Explore Multi-Box →
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Capital Markets

We securitize cardboard mortgages into Box-Backed Securities (BBS), providing liquidity to the secondary shelter market and attractive yields to investors.

Explore Capital Markets →

Cardboard Financing Tools

Explore our suite of tools designed to help you make informed decisions about your cardboard housing journey.

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Payment Calculator

Calculate your monthly cardboard payment

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Affordability Calculator

How much box can you afford?

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Refinance Calculator

Lower your rate from 52% to 47%

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Rent vs. Own

Doorway rental or box ownership?

Our Impact

Since 2019, Alley Wae has been committed to expanding cardboard housing access for underserved communities.

$47M
Cardboard Financing Provided
12,400
Boxes Financed
847
Alleyways Served
94.7%
Current Occupancy

Resources

Tools to help you navigate the cardboard housing market.

Box Lookup Tool

Is your cardboard box backed by Alley Wae? Enter your alleyway address to find out if your mortgage is part of our portfolio.

Look Up Your Box

Alleyway Finder

Find available alleyways in your area. Browse by rain coverage, foot traffic, and proximity to dumpsters.

Find Alleyways

Ready to Own Your Cardboard?

Start your journey to cardboard homeownership today. Pre-qualification takes just minutes and won't affect your credit score (we don't check it anyway).

Get Pre-Qualified