West 30's Redemption Company

What West 30's Redemption Company does

West 30's Redemption Company (W30RC) is a 501(c)(3) non-profit, faith-based affordable housing developer founded in 2017 by Bryan Burns and headquartered in Covington, Louisiana, serving the West 30's neighborhood of St. Tammany Parish. The organization addresses multi-generational poverty by building and renovating 1-, 2-, 3-, and 4-bedroom single-family homes and selling them to lower and moderate-income families at monthly PITI payments of $550–$850, with a lease-purchase (Bond For Deed) bridge for buyers still building credit to a 640+ score. As of 2026 it has served 84–97 families (57 renovated, 29 newly built), demolished 18 blighted houses with a commitment to rebuild each lot, and operates in a market where roughly 300 lots remain vacant.

The organization's core technical product is residential construction using Structural Insulated Panels (SIPs) — 6-inch walls, 8-inch ceilings, metal studs, and no wood framing — paired with post-tension slab foundations and IBHS FORTIFIED Roof-standard installations. This delivers faster build cycles, lower utility bills, high wind ratings, and reduced fire risk relative to conventional wood framing. Complementary offerings include Financial Fitness and Estate Planning & Wills classes, a veterans housing program via American Legion Post #16, and a Welcome Basket program (~$250 each).

The business model layers multiple capital and revenue streams: approximately 75–80% of project financing comes from commercial bank loans and 20–25% from Supporter Loans (unsecured promissory notes of $1,000–$100,000 at 5% over 2–3 years), supplemented by grants (e.g., $117,068 FHLB-D Fortified Roof Grant), tax-deductible donations, in-kind contributions, and CHDO-accessible Louisiana Housing Corporation programs (CSAR and NOAH). Customer acquisition is community-led through local Faith Partner churches, Business Partner referrals (≥$2,500 sponsorships), and direct applications processed with the St. Tammany Home Ownership Center. Governance is provided by a 24-member Board of Directors meeting quarterly.

Name

West 30's Redemption Company

Legal name

West 30's Redemption Company

Website

https://w30rc.org

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

West 30's Redemption Company is a 501(c)(3) non-profit in Covington, Louisiana that builds and renovates affordable single-family homes using SIPs construction and FORTIFIED roofs, selling them to lower and moderate-income families at $550–$850 monthly PITI with credit-counseling and lease-purchase support.

Ownership category

akta.pro rank

Product category

Affordable Housing Development

NAICS

New Single-Family Housing Construction (except For-Sale Builders) (236115), Residential Remodelers (236118)

SIC

Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

New Construction-to-Perm (Single-Family Owner-Occupied) (FSALAHAA)

akta.pro secondary industries

Renovation/Remodel-to-Perm Financing (Owner-Occupied) (FSALAHAF), Accessory Dwelling Unit (ADU) Construction Financing (FSALAHAL)

Keywords

• Affordable housing development
• Non-profit home construction
• Faith-based homeownership
• Community revitalization
• Credit enhancement counseling

Headquarters

HQ city

La Jolla

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Affordable Home Sales: The organization builds and renovates affordable homes (1, 2, 3, and 4-bedroom houses) and sells them to qualifying lower and moderate-income families at prices that enable monthly payments of $550-$850 (principal, interest, taxes, and insurance). This is the core revenue-generating activity.
2. Supporter Loans: Funding from community members in the form of unsecured promissory notes. These are 2-3 year term loans paying 5% interest, ranging from $1,000 to $100,000. They serve as the equity portion (20%) of project financing alongside 80% commercial bank loans.
3. Louisiana Housing Corporation (LHC) Programs: As a CHDO (Community Housing Development Organization), W30RC accesses LHC public financing programs including CSAR and NOAH programs with attractive terms for developing new affordable housing.
4. Grants: The organization pursues grants such as the Federal Home Loan Bank – Dallas Fortified Roof Grant ($117,068 awarded for 9 fortified roofs) for specific housing-related projects.
5. Donations and Contributions: Tax-deductible charitable donations from individuals and organizations, including physical donations of furnishings and appliances for new homeowners, Welcome Basket sponsorships ($250 each), and financial contributions to support families or houses.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

West 30's Redemption Company builds and renovates affordable one-to-four bedroom single-family homes in the West 30's neighborhood of downtown Covington, Louisiana and sells them to lower and moderate-income families with monthly payment targets of $550-$850 (PITI). The organization supplements home sales with a Credit Enhancement Plan program (raising buyer credit scores to 640+ for conventional mortgage qualification), a Bond For Deed lease-purchase program, and homeownership education including Financial Fitness and Estate Planning classes.

Product overview

West 30's Redemption Company is a faith-based, non-profit housing development organization offering a portfolio of programs centered on affordable homeownership. The core offerings include housing development (new construction and renovation of single-family homes) and homeownership programs (purchase and lease-purchase options). These are supported by educational modules including financial literacy, homeownership education, and estate planning classes. Additional services include specialized veterans housing programs, welcome basket packages for new homeowners, and partnership programs with faith, business, and community organizations to support families throughout the home acquisition process.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Homeownership Programs Programs that enable lower and moderate-income families to apply for and purchase an affordable home, either through conventional financing after credit enhancement or through a Bond For Deed (Lease-Purchase) interim arrangement while building credit. Targets prospective first-time homeowners in the Greater New Orleans area.
• Housing Development (New Construction and Renovation) End-to-end development of affordable single-family homes in the West 30's neighborhood of Covington, Louisiana, including new construction (using SIPs and Fortified Roof methods) and renovation of existing properties (57 renovated and 29 newly built to date). Serves qualifying lower and moderate-income families.
• Homebuyer Educational Programs (Financial Fitness and Estate Planning classes) Annual Financial Fitness and Estate Planning & Wills classes provided to home buyers and lower-income individuals. The Financial Fitness curriculum covers financial literacy topics; the Estate Planning curriculum supports completed wills, advanced directives, and power of attorney documents.
• Veterans Housing Program Dedicated affordable housing program serving veteran families in the greater New Orleans area who meet lower and moderate-income thresholds, supported by American Legion Post #16 partnership for outreach and a special application process including tri-fold brochure.
• Welcome Baskets Welcome package of about thirty household startup essentials (kitchen, utility room, bathroom, and yard) provided to every new homeowner, available for sponsorship at approximately $250 each.

Quantifiable outcome

• 84 families achieved home ownership over nine years
• +5 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

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

• St. Tammany Home Ownership Center (STHOC)coreStrategic or Co-development PartnerNon-profit housing counseling and education provider, wholly-owned subsidiary of Habitat for Humanity St. Tammany West. Assists lower-income families with financing applications, orders credit reports, schedules financial counselor appointments, and helps develop Credit Enhancement Plans for families working to raise credit scores to 640+.
• Faith Partners (Local Churches)coreStrategic or Co-development PartnerLocal churches provide Faith Partnerships for each home, including prayers, presence, gifts, and service. Each Faith Partnership is spiritual rather than financial. Faith Partners include Covington Presbyterian Church, Christ Temple Church, Covington First UMC, Christ Episcopal Church, Faith Bible Church, Greater Starlight Missionary Baptist Church, and others. Churches bless new homeowners at home dedication ceremonies.
• Business PartnersmajorGTM or Marketing PartnerCompanies donate at least $2,500 to the cost of a house they are sponsoring. This helps offset approximately 40% of increased construction costs. Examples include Subterranean Construction (sponsored 515 Lynn Alley), Abita Lumber Company (sponsored 512 W. 32nd Avenue), Gulf Coast Bank & Trust, Home Bank, Metairie Bank & Trust.
• American Legion Post #16coreStrategic or Co-development PartnerCommunity partnership for identifying and serving veteran families. Also awarded Citizen of the Year to founder Bryan Burns. Partnership indicates community organization support for families receiving homes.
• HSG Solutions Group / Cecil HudsonminorImplementation/ SI/ Consulting PartnerContractor overseeing SIPs house construction projects at 814, 818, and 822 W. 32nd Avenue sites.
• Habitat for Humanity St. Tammany WestcoreStrategic or Co-development PartnerParent organization of St. Tammany Home Ownership Center. Represented at community meetings by VP Terri Gage. Partnered with W30RC on affordable housing initiatives.
• Covington Mayor's OfficeminorStrategic or Co-development PartnerMayor Mark Johnson's newsletter has featured W30RC updates and West 30's Revitalization Plan information.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Market position

Weaknesses2 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 West 30's Redemption Company