Wesley Housing
Wesley Housing is a 501(c)(3) nonprofit affordable housing developer founded in 1974, owning 3,000+ rental units across Virginia and Washington, DC for low- and moderate-income families, older adults, and individuals with disabilities, supplemented by on-site resident services and community resource centers.
- Company typePrivate
- Founded1974
- HeadquartersAlexandria, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Wesley Housing does
Wesley Housing Development Corporation is a 501(c)(3) nonprofit affordable housing developer founded in 1974 and headquartered in Alexandria, Virginia. The organization develops, owns, and operates rental housing communities serving low- and moderate-income families, older adults on fixed incomes, individuals with disabilities, and homeless individuals across Virginia and Washington, DC, primarily at 30%-80% of Area Median Income. Following its 2025 merger with Virginia United Methodist Housing Development Corporation, Wesley Housing owns more than 3,000 units and serves approximately 5,300 residents annually across 22 or more properties, with a development pipeline of additional communities including Beacon Landing, Kindred Crossing, Holmead Apartments, and the Melwood-Wesley Inclusive Community.
The organization operates a vertically integrated model: Wesley Property Management Company, Inc. (a wholly owned subsidiary since 1988) handles leasing and operations, while Wesley Housing itself manages real estate development from acquisition through stabilization. Beyond housing, the organization runs nine Community Resource Centers and four Supportive Services Centers delivering eviction prevention, career enhancement, family programming, summer enrichment (QUEST Summer Camp), and other resident services — including the award-winning Housing Stability Initiative (HSI), which has earned CORES certification from Stewards of Affordable Housing for the Future. Financing is sourced from federal and state Low Income Housing Tax Credits, HUD programs (including Section 202 and PRAC vouchers), the DC Housing Production Trust Fund, the Virginia Housing Development Authority, local government rental assistance such as Fairfax County project-based vouchers, and Freddie Mac permanent mortgage financing.
Revenue is generated through four primary streams: rental income from owned affordable units (tiered by AMI level), government subsidies and tax credit syndication proceeds, philanthropic donations and corporate sponsorships (from partners including TD Charitable Foundation, Capital One, Truist, Morgan Stanley, Amazon, and Dominion Energy), and property management fees. The business is governed by a community board and led by President and CEO Kamilah McAfee, who succeeded Shelley Murphy in 2023. The organization is recognized as a Top 50 Affordable Housing Developer nationally and is a three-time HAND Nonprofit Developer of the Year (2022, 2017, 2006).
Wesley Housing firmographics
Firmographics- Name
- Wesley Housing
- Legal name
- Wesley Housing Development Corporation
- Website
- https://wesleyhousing.org
- Company type
- Private
- Founded year
- 1974
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Wesley Housing is a 501(c)(3) nonprofit affordable housing developer founded in 1974, owning 3,000+ rental units across Virginia and Washington, DC for low- and moderate-income families, older adults, and individuals with disabilities, supplemented by on-site resident services and community resource centers.
- Ownership category
- akta.pro rank
Wesley Housing industry classification
Industry- Product category
- Affordable Housing Development
- NAICS
- Other Community Housing Services (624229), Community Housing Services (62422), Services for the Elderly and Persons with Disabilities (62412), Other Residential Care Facilities (6239)
- SIC
- Operators Of Apartment Buildings (6513), Services-Social Services (8300), Real Estate (6500)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industries
- Public Housing & Social Housing Development/Modernization Programs (FSALAKAH), Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB), Community Centers & Neighborhood Support Services (BPAGAEAL), Senior Living & Assisted Living Facility Construction (IMAFACAJ)
Keywords
Where Wesley Housing is headquartered
LocationHeadquarters
- HQ city
- Alexandria
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Wesley Housing business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Rental Income: Affordable rental income from owned housing units serving low- and moderate-income residents at various AMI levels (30%-80%).
- Government Subsidies and Tax Credits: Funding from federal and local Low Income Housing Tax Credits (LIHTC), DC Housing Production Trust Fund, rental assistance through Local Rent Supplement Program (LRSP), HUD Section 202 funding, and various federal and state housing programs.
- Philanthropic Donations: Financial support from individual donors, corporate partners, and foundations supporting programs and services for residents.
- Property Management Services: Wesley Property Management Company manages owned and operated affordable housing communities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | One Hawaii - 30% AMI units |
| Subscription | Monthly | One Hawaii - 30-80% AMI units |
| Subscription | Monthly | Beacon Landing - 50% AMI and below |
| Subscription | Monthly | Kindred Crossing - 60% AMI and below |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Wesley Housing product offering
Product offeringCore offering
Wesley Housing is a nonprofit developer, owner, and operator of affordable rental housing serving low- and moderate-income families, older adults, individuals with disabilities, and homeless individuals across Virginia and Washington DC. The organization develops, owns, and manages multi-family affordable housing communities and delivers on-site resident services such as the Housing Stability Initiative, Family Programs, Summer Camp, and Holiday Help through Community Resource Centers and Supportive Services Centers.
Product overview
Wesley Housing is a nonprofit affordable housing developer offering a portfolio of rental housing properties and comprehensive resident services. The organization operates owned affordable housing communities across Virginia and Washington DC, with properties under development. Services are delivered through Community Resource Centers and Supportive Services Centers at properties, including programs for housing stability, family support, youth enrichment, and senior/disability services. Key service programs include the Housing Stability Initiative (HSI), QUEST Summer Camp, Operation Kicks & 'Fits back-to-school program, and Holiday Help.
Differentiator
Problem solved
Functional benefit
Products and services
- Owned Affordable Rental Properties
Quantifiable outcome
- 35,000+ individuals helped since 1974
- +3 more outcomes
Companies that use Wesley Housing
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles5 records
Wesley Housing technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Wesley Housing partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and key.
- The Lamb CentercoreNonprofit homeless services provider partnering with Wesley Housing to redevelop the Hy-Way Motel site into Beacon Landing, the largest permanent supportive housing development in Northern Virginia with 54 units and an employment center.
- First Christian Church of Falls ChurchcorePartner providing 2.9 acres of underutilized church-owned land for Kindred Crossing development; includes co-location of Culmore Clinic.
- Culmore CliniccoreNonprofit healthcare provider co-locating approximately 5,000 sq. ft. of clinic space at Kindred Crossing, providing low-cost healthcare to uninsured Fairfax County residents.
- HarkinscoreConstruction partner and sponsor for development projects and summer camp programs.
- S.L. Nusbaum Realty Co.coreProperty management company contracted to manage the One Hawaii community.
- George Mason UniversitykeyGraduate-level social work programs providing interns and a Bonner Fellow to support resident services, contributing 4,000+ hours of service.
- Virginia Commonwealth UniversitykeyGraduate-level social work programs providing interns to support Wesley Housing's resident services work.
- Fordham UniversitykeyNew institutional partnership expanding intern cohort to support resident services programming.
- Northern Virginia Community CollegekeyEducational partner providing workforce development and educational opportunities for residents.
- Virginia TechkeyEducational partner supporting resident programming and workforce development.
- INOVA Health SystemkeyHealthcare partner providing health screenings, health education, and wellness programming for residents.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Wesley Housing competitors and assessment
Company assessmentDirect peers
- Enterprise Community Partners: National nonprofit affordable housing developer and CDFI that develops, owns, and operates rental housing for low-income families and seniors using LIHTC, HUD, and philanthropic capital — directly comparable in mission, financing toolkit, and resident-services overlay to Wesley Housing.
- The Community Builders: Nonprofit developer and property manager of mixed-income housing across the Mid-Atlantic and nationally; overlapping leadership alumni (Jacqueline West-Spencer's prior role) and direct overlap on LIHTC/Section 202 developments serving families and seniors in DC/VA.
- Preservation of Affordable Housing (POAH): Nonprofit that acquires, preserves, and develops affordable rental housing for low-income families and seniors, with deep LIHTC and HUD program expertise and a service-rich operating model that closely mirrors Wesley's resident-services approach.
- National Housing Trust: Mid-Atlantic-focused nonprofit affordable housing developer (DC/MD/VA) that develops, owns, and operates LIHTC and HUD-financed rental housing with supportive services — the closest geographic and programmatic analog to Wesley.
- BRIDGE Housing Corporation: West Coast-based nonprofit affordable housing developer with a comparable dual mission of affordable rental development and supportive resident services, similar scale, and a similar LIHTC + public-finance capital stack.
- HDC MidAtlantic: Nonprofit affordable housing developer serving the mid-Atlantic (including Virginia, DC, Maryland, Pennsylvania); operates supportive services alongside housing and competes for the same LIHTC awards.
- Mission First Housing Group: Nonprofit affordable housing developer specializing in supportive housing for people experiencing homelessness, veterans, and individuals with disabilities — directly comparable to Wesley's Beacon Landing and PSH developments.
Broad incumbents
- Volunteers of America (VOA): Large national nonprofit that develops and operates affordable and supportive housing across many states, providing housing plus a much broader human services portfolio — overlaps with Wesley on housing-for-vulnerable-populations.
- Habitat for Humanity International: Global nonprofit affordable housing provider working through local affiliates; significantly broader and more for-sale/ownership focused than Wesley but operates in the same capital-constrained affordable housing ecosystem and competes for donor funding.
Regional players
- Fahe (Federation of Appalachian Housing Enterprises): Nonprofit CDFI and affordable housing network serving Appalachian and rural Virginia — comparable in LIHTC/rural-housing mission and relevant as Wesley expands into southern/southwest Virginia post-VUMHDC merger.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Wesley Housing social profiles
Digital presenceWesley Housing compliance and trust
Trust signalCompliance6 records
Wesley Housing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wesley Housing leadership team
Management profileNumber of profiles
Profiles9 records
Wesley Housing subsidiaries and ownership
Company hierarchySubsidiaries1 record
Wesley Housing funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wesley Housing M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wesley Housing
What does Wesley Housing do?
Wesley Housing is a nonprofit developer, owner, and operator of affordable rental housing serving low- and moderate-income families, older adults, individuals with disabilities, and homeless individuals across Virginia and Washington DC. The organization develops, owns, and manages multi-family affordable housing communities and delivers on-site resident services such as the Housing Stability Initiative, Family Programs, Summer Camp, and Holiday Help through Community Resource Centers and Supportive Services Centers.
Is Wesley Housing a public or private company?
Wesley Housing is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Wesley Housing founded?
Wesley Housing was founded in 1974. It employs 51 to 100 people.
Where is Wesley Housing based?
Wesley Housing is headquartered in Alexandria, United States, in the North America region.
How does Wesley Housing make money?
Four revenue lines are on record. Rental Income is the primary driver. The others are government Subsidies and Tax Credits, philanthropic Donations and property Management Services.
Who are Wesley Housing's main competitors?
Direct peers on record are Enterprise Community Partners, The Community Builders, Preservation of Affordable Housing (POAH), National Housing Trust, BRIDGE Housing Corporation, HDC MidAtlantic and Mission First Housing Group. Broad incumbents are Volunteers of America (VOA) and Habitat for Humanity International. Fahe (Federation of Appalachian Housing Enterprises) is listed as a regional player.
Does Wesley Housing have an API?
No public API is recorded for Wesley Housing.
What industry is Wesley Housing in?
Wesley Housing's product category is Affordable Housing Development. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of FSALAKAH, Public Housing & Social Housing Development/Modernization Programs. Its NAICS code is 624229 and its SIC code is 6513.