Montgomery Housing Partnership

What Montgomery Housing Partnership does

Montgomery Housing Partnership (MHP) is a 501(c)(3) nonprofit affordable housing developer, owner, and operator founded in 1989 and headquartered in Silver Spring, Maryland. The company preserves, develops, and manages a portfolio of 3,250 apartments, condos, and townhomes serving low- and moderate-income residents, seniors, and families across Montgomery County, Washington, D.C., and surrounding communities. Notable recent properties in the pipeline include The Residences at Forest Glen ($100 million preservation project), The Chimes at North Bethesda (163 units), the Amherst Affordable Housing Redevelopment (311 units), Unity Place (D.C.), Gardens of Gaithersburg, and Bethany House (250 senior units acquired in 2025).

MHP's product surface extends beyond housing into integrated resident services and community development. The Empowering Families division runs the Community Life Programs — Play & Learn Preschool, Elementary School Programs (Homework Club, GATOR), and the FLOW Teen Program — serving more than 400 children, with 85% of preschool students passing kindergarten readiness. The Strengthening Neighborhoods division delivers advocacy, outreach services, a Community Health Worker program (250+ residents, recently expanded through a new Adventist HealthCare partnership), a Pembridge food pantry and diaper bank, and targeted community development in Long Branch, North Wheaton, Bonifant Street, and Glenville Road. The organization is CORES-certified by NeighborWorks America and operates as a NeighborWorks member organization.

MHP funds operations through a mix of recurring rental income from its 3,250-unit portfolio, federal funding (HUD-supported Congressionally Directed Spending, FY2026 $1M grant via U.S. Senators Van Hollen and Alsobrooks), state funding (Maryland DHCD), nonprofit and foundation grants (NeighborWorks America Flexible Impact Grant), and charitable donations raised through the Norman Christeller Golf Classic, Annual Benefit Breakfast, Angels for Children Toy Drive, and direct giving. Leadership is led by President Robert A. Goldman (since 2001) with a Board of Directors chaired by Eugene Costa; the organization employs approximately 50 staff across real estate, asset management, community life, resident services, and advancement functions. Eva Dillon, VP of Advancement, raised $21.1 million in 38 months, demonstrating active capital pipeline development.

Name

Montgomery Housing Partnership

Legal name

Montgomery Housing Partnership

Website

https://mhpartners.org

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

Montgomery Housing Partnership is a 501(c)(3) nonprofit that develops, owns, and manages 3,250 affordable apartments, condos, and townhomes in Montgomery County, Maryland, while delivering on-site educational programs, senior services, and neighborhood revitalization for low- and moderate-income residents.

Ownership category

akta.pro rank

Product category

Affordable Housing Development

NAICS

Other Community Housing Services (624229), Community Housing Services (62422), Child and Youth Services (62411), Other Individual and Family Services (624190)

SIC

Services-Social Services (8300), Services-Child Day Care Services (8351)

akta.pro primary industry

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

akta.pro secondary industries

Community Centers & Neighborhood Support Services (BPAGAEAL), Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ), Community Center Education Programs (EDAAAFAB)

Keywords

• Affordable housing development
• Multifamily property management
• Community education programs
• Neighborhood revitalization services
• Nonprofit housing services

Headquarters

HQ city

Silver Spring

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Rental Income from Affordable Housing Properties: MHP develops, owns, and manages 3,250 apartments, condos, and townhomes. Rental income from these properties constitutes core operating revenue.
2. Government Grants and Subsidies: MHP receives federal, state, and local government funding including Congressionally Directed Spending funds (e.g., $1M for Amherst project), grants from HUD, and Maryland DHCD funding for affordable housing preservation and development.
3. Foundation and Nonprofit Grants: MHP receives grants from organizations such as NeighborWorks America (Flexible Impact Grant) and other foundation partners for community development and housing programs.
4. Donations and Charitable Contributions: MHP accepts donations through its website and events including the annual Benefit Breakfast and Golf Classic fundraiser. The organization is a 501(c)(3) nonprofit.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Montgomery Housing Partnership is a nonprofit affordable housing developer that develops, acquires, rehabilitates, and directly manages a portfolio of 3,250 apartments, condos, and townhomes in Montgomery County, MD and surrounding communities. Beyond real estate, it runs Community Life educational enrichment programs (preschool through teen) for more than 400 children and neighborhood revitalization initiatives (food access, health outreach, community events, small business support) in targeted corridors including Wheaton, Long Branch, and the Purple Line. Revenue derives from tenant rents, government and foundation grants, and charitable donations.

Product overview

Montgomery Housing Partnership (MHP) operates as a nonprofit affordable housing developer offering an integrated portfolio of housing, educational, and community development services. The core offering consists of affordable housing development and property management (3,250 homes), complemented by Community Life educational programs for children (preschool through teen), and neighborhood revitalization services. MHP also runs ancillary programs including health worker outreach, toy drives, and property tours. These services work together to fulfill MHP's mission to preserve and expand access to quality affordable housing while empowering families and strengthening neighborhoods.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Housing Development & Property Management Development, acquisition, rehabilitation, and direct property management of a 3,250-unit portfolio of affordable apartments, condos, and townhomes in Montgomery County, MD and surrounding communities, leased to income-qualified households.
• Community Life Programs On-site educational enrichment for residents, including Play and Learn Preschool (ages 3-5), Homework Club and GATOR Club for elementary students, and the FLOW Teen Program for middle schoolers, serving more than 400 children annually.
• Neighborhood Revitalization Services Community development and revitalization services including advocacy, outreach, green programs, and corridor-specific initiatives in North Wheaton, Long Branch, Bonifant Street, and Glenville Road.
• Community Health Worker Program Place-based health outreach program connecting low-income families in Wheaton, MD to healthcare resources, addressing chronic conditions and food insecurity, serving 250+ residents.

Quantifiable outcome

• 85% of MHP preschool students passed kindergarten readiness evaluation
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered major, core and minor.

• Grimm+ParkermajorStrategic or Co-development Partner · 31 March 2026Co-developer on The Residences at Forest Glen project, a $100 million affordable housing preservation development. Grimm+Parker collaborated with MHP on this award-winning project.
• Adventist HealthCare Community Partnership FundcoreStrategic or Co-development Partner · 1 February 2026New partnership announced in February 2026 to support MHP's Community Health Worker (CHW) program. The partnership helps CHWs improve health access, reduce preventable illness, and eliminate barriers for underserved populations. The CHW program serves more than 250 residents addressing health disparities including chronic conditions and food insecurity.
• Sharp (Independent Evaluator)minorOthers · 1 February 2026Sharp serves as MHP's independent evaluator, observing programs like the GATOR Club and providing assessment of program quality and youth development outcomes.
• NeighborWorks AmericacoreStrategic or Co-development PartnerMHP is a member of NeighborWorks America, a national nonprofit that provides grants, training, and support to local organizations focused on affordable housing and community development. MHP has received Flexible Impact Grants from NeighborWorks America to advance proven housing solutions.
• Arcola Elementary SchoolminorStrategic or Co-development PartnerMHP maintains partnership with Arcola Elementary School through the GATOR Club (Great Achievers Towards Outstanding Results), providing after-school enrichment for children.
• Various Montgomery County BusinessesminorGTM or Marketing Partner30 local businesses throughout Montgomery County hosted toy collection drop boxes for the annual Angels for Children Toy Drive, supporting MHP's community outreach efforts.

Scale indicators19 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Enterprise Community Partners: One of the largest US nonprofit affordable housing developers and investors. Directly comparable to MHP in mission, multifamily affordable development model, resident services integration, and federal funding partnerships (HUD, CDFI).
• National Housing Trust: Nonprofit that preserves and develops affordable multifamily housing across multiple states. Comparable to MHP in preservation focus, federal funding leverage, and integration of supportive services for residents.
• Preservation of Affordable Housing (POAH): National nonprofit focused on preserving affordable rental housing. Directly comparable to MHP in preservation-driven acquisitions, federal LIHTC partnerships, and resident services model.
• AHC Inc. Regional nonprofit affordable housing developer serving the DC metro area including Maryland and Virginia. Closely comparable to MHP in geographic overlap, multifamily development focus, and resident services integration.
• NHP Foundation: Nonprofit that develops, preserves, and manages affordable and mixed-income housing. Comparable in scale, resident services approach, and federal/state funding model.
• Beacon Communities: Mission-driven affordable housing developer and operator. Comparable in affordable housing development, preservation focus, and integration of resident services programs.
• The Community Builders: National nonprofit affordable housing developer. Comparable in mission-driven multifamily development, mixed-income communities, and resident services approach.

Broad incumbents

• WinnCompanies: Large for-profit multifamily developer and manager with significant affordable housing portfolio. Comparable in property management scale and affordable housing operations, though broader and for-profit.
• Habitat for Humanity International: Global nonprofit housing organization. Comparable as a major affordable housing nonprofit, though focused on for-sale homeownership rather than multifamily rental like MHP.
• Local Initiatives Support Corporation (LISC): National nonprofit CDFI supporting affordable housing and community development. Comparable in mission and federal/local funding partnerships, though LISC operates as a funder/intermediary rather than direct developer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mhpartners
• YouTubeyoutube.com/channel/UC-5w_7apbSiWNvHTih14Ypw
• Facebookfacebook.com/MHPartners
• Instagraminstagram.com/mh_partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors1 record

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 Montgomery Housing Partnership