Northside Development Corporation

What Northside Development Corporation does

Northside Development Corporation (d/b/a Northside Development Group, "NDG") is a 501(c)-style nonprofit community development organization founded in 2011 and headquartered in Spartanburg, South Carolina. NDG serves as a "community quarterback" for the holistic revitalization of Spartanburg's Northside neighborhood, coordinating resident leaders known as Northside Voyagers, a 17-member board, and a coalition of public and private partners across four strategic pillars: Mixed Income Housing, Cradle to College Education, Community Wellness, and Economic Vitality. The organization is a member of the Purpose-Built Communities Network and, since founding, has converted $25 million of investment into $150 million of community impact.

NDG's core products and services are organized as program initiatives rather than as commercial offerings. They include the Start:ME 14-week small-business training program; The Hub, a 16,700-square-foot mixed-use retail development; the Monarch Commissary Kitchen for food entrepreneurs; a stack of down-payment assistance programs offering up to $50,000 per homebuyer through partnerships with CommunityWorks, the City of Spartanburg, Carolina Foothills Federal Credit Union, and Spartanburg Regional Healthcare System; available single-family and townhome properties listed at $210,000–$264,900; and supportive services such as financial-literacy training, homeownership workshops, employment referrals, college scholarships, and free VITA tax clinics. NDG co-locates with three other nonprofits at Northside Station.

NDG's revenue model is that of a place-based nonprofit rather than a commercial enterprise. Income is generated through philanthropic grants (e.g., a $150,000 Housing for Everyone grant from the TD Charitable Foundation in 2022 and a 2024 Milliken & Company Charitable Foundation award), public-sector and healthcare-system partnerships, donations processed through a Kindful giving portal, and program-related real estate activity. Pricing of NDG-developed housing is unit-based ($210K–$264.9K) with layered down-payment assistance, while services such as Start:ME and supportive programming are delivered free of charge to qualifying Northside residents.

Name

Northside Development Corporation

Legal name

Northside Development Group

Website

https://spartanburgndg.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

Northside Development Corporation (NDG) is a Spartanburg, SC nonprofit founded in 2011 that serves as a community quarterback for revitalizing the city's Northside neighborhood through mixed-income housing, cradle-to-college education, community wellness, and economic-vitality programs for local residents.

Ownership category

akta.pro rank

Product category

Community Development and Affordable Housing

NAICS

Land Subdivision (2372)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE)

akta.pro secondary industries

Community Development & Neighborhood Revitalization Housing Programs (FSALAKAO), Community Foundations (BPAGAKAB)

Keywords

• Community development
• Affordable housing
• Mixed-income housing
• Neighborhood revitalization
• Down payment assistance

Headquarters

HQ city

Spartanburg

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, Technology or R&D

Revenue model

1. Community Development Services: NDG serves as a community quarterback organization facilitating redevelopment of Spartanburg's Northside, managing public-private partnerships, and coordinating community transformation initiatives. Revenue supports operational costs and program delivery across four pillars.
2. Real Estate Development: Development and management of mixed-income housing, commercial properties (The Hub - 16,700 sq ft mixed-use retail), and homeownership programs including down payment assistance.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Northside Development Group is a nonprofit community development corporation that serves as the community quarterback for the redevelopment of Spartanburg's Northside neighborhood. It delivers a portfolio of programs organized around four pillars — Mixed Income Housing, Cradle to College Education, Community Wellness, and Economic Vitality — including affordable and market-rate housing, the Start:ME small business training program, The Hub mixed-use retail center, and down payment assistance up to $50,000 for first-time homebuyers.

Product overview

Northside Development Group (NDG) is a nonprofit community development organization serving as a community quarterback for the revitalization of Spartanburg's Northside neighborhood. NDG operates as a unified program portfolio organized around four strategic pillars: Mixed Income Housing, Cradle to College Education, Community Wellness, and Economic Vitality. The organization offers a range of services including the Start:ME business training program, The Hub mixed-use retail development, down payment assistance programs (up to $15,000 through CommunityWorks and up to $50,000 through the Extended Down Payment Program), and various supportive services for residents including financial literacy, homeownership workshops, and employment referrals. Since 2011, NDG has transformed $25 million in investment into $150 million in impactful projects, serving as a member of the Purpose-Built Communities Network.

Differentiator

Problem solved

Functional benefit

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Purpose-Built Communities NetworkcoreStrategic or Co-development Partner · 27 June 2025NDG is a member of the Purpose-Built Communities Network, a national network providing proven methodology and peer support for holistic community redevelopment. This membership provides access to best practices and expertise in resident-led community transformation.
• CommunityWorkscoreStrategic or Co-development PartnerCommunityWorks administers down payment assistance up to $15,000 for first-time homebuyers purchasing homes in the Northside Neighborhood as part of NDG's homeownership programs.
• Spartanburg Regional Healthcare SystemcoreStrategic or Co-development PartnerSRHS partners with NDG on the Thrive Spartanburg initiative, the Extended Down Payment Program (up to $50,000), and the SRHS Associate Homebuyer Assistance Program (up to $5,000) to expand affordable homeownership opportunities.
• City of SpartanburgcoreStrategic or Co-development PartnerThe City of Spartanburg works with NDG to provide down payment/closing cost assistance up to $20,000 for qualifying first-time homebuyers at or below 80% of Area Median Income.
• Northside Station NonprofitscoreStrategic or Co-development PartnerNorthside Station serves as home to four vital non-profits including NDG, ReGenesis, AccessHealth Spartanburg, and Birth Matters, co-located to provide integrated services to the community.
• Carolina Foothills Federal Credit UnioncoreStrategic or Co-development PartnerCarolina Foothills Federal Credit Union administers the Extended Down Payment Program which provides up to $50,000 in non-forgivable down payment assistance to eligible homebuyers, with funds returned to NDG upon property sale to help future homebuyers.
• BoardWalk ConsultingminorImplementation/ SI/ Consulting PartnerNational executive search firm that led NDG's CEO search, specializing in finding top leadership for nonprofits and foundations.
• Gulf Coast Housing PartnershipminorOthersNew CEO David Summers previously served as Project Manager at Gulf Coast Housing Partnership, where he led real estate development projects totaling over $44 million.
• Partners SoutheastminorOthersNew CEO David Summers previously served as Chief Operating Officer at Partners Southeast, where he created a $281 million development pipeline and increased organizational net worth by $3 million.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• East Lake Foundation: Atlanta-based Purpose-Built Communities member applying the same holistic four-pillar (mixed-income housing, education, wellness, economic vitality) model to revitalize a distressed neighborhood. Most directly comparable peer given shared Purpose-Built methodology and community quarterback role.
• Abode Communities: California-based nonprofit affordable housing and community development corporation building mixed-income housing and resident services. Operates as a community-focused CDC similar in size and mission to NDG, but serves a different geography in greater Los Angeles.
• Chicanos Por La Causa: Southwest-based community development corporation offering housing, economic development, education, and health services to underserved communities. Highly comparable operating model combining real estate development with holistic resident-support programs.
• BRIDGE Housing Corporation: California nonprofit developer of affordable and mixed-income housing combined with resident services. Comparable in developing and managing mixed-income housing stock with supportive services for residents transitioning out of poverty.

Broad incumbents

• Enterprise Community Partners: National nonprofit that develops and preserves affordable housing and community development programs across the U.S. Comparable in mission and operating model, but operates at much larger scale as a national intermediary rather than a single-neighborhood CDC.
• Local Initiatives Support Corporation (LISC): National community development financial institution that funds CDCs and affordable housing developers. Comparable in supporting neighborhood revitalization and mixed-income housing, though LISC operates as a capital intermediary rather than a direct neighborhood quarterback.
• Habitat for Humanity International: Large nonprofit focused on affordable homeownership for low-income families. Overlaps with NDG's mixed-income housing pillar and down payment assistance programs, but operates at national scale and concentrates on single-family build rather than holistic neighborhood revitalization.
• NeighborWorks America: National network supporting a federation of community-based affordable housing and community development nonprofits. Comparable in supporting resident-led community revitalization and affordable housing, but functions as a national convener/grantor rather than a local operator.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/northsidedevgroup
• LinkedInlinkedin.com/company/northside-development-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds2 records

Investors2 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 Northside Development Corporation