Homes of Hope

Name

Homes of Hope

Legal name

Homes of Hope

Website

https://homesofhope.org

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Homes of Hope is a Greenville, SC-based nonprofit that develops and manages 440+ affordable rental properties and builds for-sale homes across South Carolina, while running a 12-month Men's Workforce Development program that trains men in recovery through construction of affordable housing.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Residential Building Construction (2361), Residential Building Construction (23611), New Housing For-Sale Builders (236117)

SIC

General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industries

Residential Affordable Housing Development & Construction (IMAFABAI), Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB), Community Development & Neighborhood Revitalization Housing Programs (FSALAKAO), Housing Rehabilitation, Weatherization & Home Repair Grant/Loan Programs (FSALAKAJ)

Keywords

• Affordable housing development
• Workforce development training
• Community economic development
• Nonprofit housing services
• Mixed-income housing

Headquarters

HQ city

Greenville

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Others

Revenue model

1. Affordable Rental Income: Revenue from rental operations across 440+ properties in South Carolina. Rental rates range from $450/month (low-income senior units) to $500-$995/month based on family income factors.
2. Home Sales: Sales of affordable for-sale homes to qualified buyers. Prices range from $135,000 to $175,000 for affordable units, with market-rate community homes priced in the mid-to-upper $200,000s. Buyers must be pre-qualified.
3. Corporate and Foundation Grants: Funding from corporate sponsors (Wells Fargo, Bank of America, Fluor, etc.), foundations (Mary Reynolds Babcock Foundation, TD Charitable Foundation, Jolley Foundation, etc.), and government entities (cities of Greenville, Spartanburg, Anderson, Clinton).
4. Individual Donations: Donations from individuals, including stock gifts and planned giving (Legacy Builder program). On average, 70% of budget comes from housing activities, with 30% dependent on community generosity.
5. Event Fundraising: Revenue from signature events including annual Spring Gala and Golf Classic. Golf Classic team registration is $2,500 including breakfast, t-shirts, apparel, golf balls, prizes, and dinner.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Homes of Hope is a South Carolina nonprofit that develops, owns, and manages affordable single-family and multi-unit rental housing across 7+ cities, primarily serving low- and moderate-income households. It also operates a 12-month residential Men's Workforce Development program that pairs addiction recovery and discipleship with NCCER-certified construction training, while producing LoCAL housing units. The organization additionally carries out mixed-use economic development projects and sells market-rate and affordable for-sale homes in community developments such as Lakeview, Radford, and Northside.

Product overview

Homes of Hope is a nonprofit affordable housing organization that operates as a unified service platform rather than a software product company. Its core offerings include: (1) an Affordable Housing Rental Program providing 440+ energy-efficient rental properties across South Carolina; (2) a Men's Workforce Development Program, a 12-month residential construction training initiative that also produces LoCAL Housing units; (3) Community Economic Development through mixed-use property developments; and (4) HOPE Housing single-family homes for very low-income families. The organization also operates three home pre-sale communities (Lakeview, Radford, and Northside) offering new construction single-family homes, and hosts two annual fundraising events (Spring Gala and Golf Classic).

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Housing Rental Program Rental housing program offering 440+ energy-efficient properties across South Carolina cities (Greenville, Spartanburg, Laurens, Clinton, Columbia, Anderson, Rock Hill) with two, three, and four-bedroom floorplans in single-family homes, duplexes, and townhomes; accepts Section 8 vouchers and includes an online tenant portal for rent payments and maintenance requests.
• Men's Workforce Development Program A 12-month voluntary residential program where men overcoming addictions pursue change through biblical-based discipleship, life skills, and construction-related job training. Interns live at Gideon's House in downtown Greenville and build LoCAL Housing (homes for households earning 30% or below area median income), earning NCCER Certification through Greenville Tech.
• Community Economic Development Mixed-use property developments creating commercial and residential spaces to support small business growth and economic impact in South Carolina communities; includes completed projects like the former 1st National Bank building renovation in Clinton (2018) and abandoned retail space renovation (2019).
• HOPE Housing Single-family affordable homes built specifically for households earning approximately $1,200/month; constructed by Men's Workforce Development program participants and funded by community generosity, corporate sponsorships, grants, and foundation awards.
• Lakeview Community Homes New construction single-family homes community in Greenville, SC along Whitehorse Rd next to Armstrong Elementary. Offers 22 homes (1,200-1,400 sq ft) with 3-bedroom, 2-bath and 3-bedroom, 2.5-bath floorplans in one-story and two-story designs, priced in the mid-to-upper $200Ks.
• Radford Community Homes New construction single-family homes in Greenville, SC along Walker Springs Rd in the Taylors community. Offers 5 homes (1,200-1,400 sq ft) with 3-bedroom, 2-bath and 3-bedroom, 2.5-bath floorplans in one-story and two-story designs, priced in the mid-to-upper $200Ks.
• Northside Community Homes Pre-sale opportunities for 10 single-family homes on individual lots in Spartanburg's revitalizing Northside neighborhood. Homes range 1,200-1,400 sq ft with 3 bedrooms and 2-2.5 bathrooms, available in one- and two-story layouts; prices expected in the mid-to-upper $200,000s with potential down payment assistance available.
• Affordable For-Sale Homes Affordable for-sale homes priced from $135,000 to $175,000, with prices determined based on applicant need. Buyers must be pre-qualified. Part of Homes of Hope's affordable homeownership pathway in South Carolina.

Quantifiable outcome

• $10.62 of community investment created by every donor dollar
• +4 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered minor and core.

• ConcentrusminorChannel Partner/ Reseller/ Distributor · 28 April 2025Value-added reseller partner that performed volunteer construction of a two-bedroom home in Baja California, Mexico. Concentrus volunteers constructed the home over three days (April 3-5) with full funding from Acumatica. Project extends the professional relationship between Acumatica and Concentrus into social impact work.
• Habitat for Humanity of Greenville CountycoreStrategic or Co-development PartnerPartnership to build seven units (three duplexes and one single-family house) in the Sterling community for low-income senior citizens at $450/month rent. Homes of Hope is building the units while Habitat builds the other seven units. First preference given to neighborhood residents.
• Greenville Chamber - Leadership Greenville ProgramcoreStrategic or Co-development PartnerLeadership Greenville Class 48 partnered with Homes of Hope and Upstate Warrior Solution on 'Be Hope for a Hero' project. Raised more than $85,000 from approximately 60 community businesses and sponsors to complete full renovation of a home for a local veteran.
• Upstate Warrior SolutioncoreStrategic or Co-development PartnerMission to connect warriors and family members to resources and opportunities. Partners with Homes of Hope to identify deserving veterans for affordable housing. Serves Reservists, National Guard, and active duty regardless of military branch, nature of discharge, or current life situation.
• Greenville TechcoreStrategic or Co-development PartnerProvides NCCER Certification for Men's Workforce Development program participants, enabling graduates to earn industry-recognized construction credentials.
• RealtyLinkcoreStrategic or Co-development PartnerFor-profit developer partner working with Homes of Hope on mixed-income housing developments. Jack Jamison represents RealtyLink on Homes of Hope's board.
• Great Southern HomesminorStrategic or Co-development PartnerHome builder partner collaborating on affordable housing developments.
• Meritus Signature HomesminorStrategic or Co-development PartnerHome builder partner supporting affordable housing construction.

Scale indicators9 records

Recent moves16 records

Expansion highlights5 records

Direct peers

• Mercy Housing: Nonprofit affordable housing developer that builds and operates rental housing for low-income families, seniors, and people with special needs. Closely comparable mission and operating model to Homes of Hope's rental portfolio.
• NHP Foundation: Nonprofit that preserves and develops affordable rental housing, often partnering with mission-driven operators. Comparable nonprofit structure and affordable housing focus.
• BRIDGE Housing: Nonprofit developer of affordable and mixed-income housing with a strong focus on community building and economic development alongside housing — highly aligned with Homes of Hope's mixed-income, community-development approach.
• Habitat for Humanity: National nonprofit that builds affordable single-family homes for low-income families, often in partnership with local affiliates. Habitat is the most direct peer to Homes of Hope and is already a co-developer on the Sterling community project in Greenville.
• Enterprise Community Partners: Major national nonprofit that develops and operates affordable housing through the Low-Income Housing Tax Credit (LIHTC) and partners with local organizations. Comparable mission, scale, and development model to Homes of Hope's affordable housing focus.
• Local Initiatives Support Corporation (LISC): National nonprofit CDFI that finances and supports community development, including affordable housing. LISC is a comparable community development nonprofit with similar funder/partnership dynamics.

Emerging players

• Chrysalis: Nonprofit providing workforce development and transitional employment for people experiencing homelessness, addiction, or reentry. Comparable to Homes of Hope's Men's Workforce Development program in mission and trainee outcomes.
• Homeboy Industries: Nonprofit social enterprise combining workforce development, mental health, and reentry services with a small housing component. Closest analog to Homes of Hope's integrated housing-plus-workforce-development model, though more focused on reentry than housing.

Others

• Stewards of Affordable Housing for the Future (SAHF): National nonprofit consortium of 13 leading affordable housing providers. Indirect peer — represents the peer group Homes of Hope would naturally benchmark against and could join for industry advocacy, capital, and best-practice resources.

Broad incumbents

• Volunteers of America: Large national nonprofit operating affordable housing, workforce development, and supportive services programs across many states. Comparable broad mission footprint to Homes of Hope but at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HomesofHopeSC
• Facebookfacebook.com/homesofhopesc
• LinkedInlinkedin.com/company/homes-of-hope

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds4 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Homes of Hope