NeighborWorks Southern New Hampshire

What NeighborWorks Southern New Hampshire does

NeighborWorks Southern New Hampshire is a nonprofit affordable housing and community development organization founded in 1992 and headquartered at 801 Elm Street, Manchester, NH. The organization operates four integrated program areas: Real Estate Development (creating new affordable rental apartments and owner-occupied homes), Community Building and Engagement (neighborhood revitalization in Manchester and Nashua), Tenant Services (on-site support for residents of affordable rental properties), and Homeownership Programs (first-time homebuyer education, financial wellness counseling, and packaging support for the USDA Section 502 Direct Loan Program). It manages more than 500 affordable rental apartments across seven communities and delivers homeownership and financial wellness education across 81 New Hampshire communities, from the state's southern border to the Lakes Region.

The business model is donation- and grant-funded rather than commercial: over half of the operating budget comes from individual, foundation, corporate, and business contributions, with additional revenue from rental operations across the affordable housing portfolio and from federal, state, and local government sources (HUD, USDA Rural Development, NH Housing, municipal partners). Pricing is set by HUD income thresholds for renters and through subsidized USDA 502 loan packaging for prospective homeowners, so no commercial SaaS-style pricing exists. Go-to-market is community-led and direct: services are delivered on-site at rental properties and through scheduled appointments, supplemented by a referral channel via the HOMEteam collaborative with CATCH Neighborhood Housing and Lakes Region Community Developers, plus a website, newsletter, social media, and annual events including the David P. Goodwin Outstanding Neighbor Award.

The organization is governed by a Board of Directors and Board of Trustees, employs an 11-50 person team led by Executive Director Robert Tourigny and COO Diane Brewster, and leverages its affiliation with the national NeighborWorks network for brand credibility and funding access. Its differentiated assets include the USDA-qualified packager credential, multi-decade municipal relationships in Manchester and Nashua, and the HOMEteam multi-organization collaborative that creates networked service delivery across 81 communities.

Name

NeighborWorks Southern New Hampshire

Legal name

NeighborWorks Southern New Hampshire

Website

https://nwsnh.org

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

NeighborWorks Southern New Hampshire is a nonprofit founded in 1992 that develops and manages 500+ affordable rental apartments across 7 communities in southern New Hampshire and delivers homeownership and financial wellness education across 81 NH communities, serving low-income renters and first-time homebuyers.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Lessors of Residential Buildings and Dwellings (53111)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ)

Keywords

• Affordable housing development
• Homeownership education
• Financial wellness counseling
• Tenant services coordination
• Community development services

Headquarters

HQ city

Manchester

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. Donations and Contributions: Over half of operating budget comes from financial contributions from individuals, foundations, corporations, and businesses. Fiscal year April 1 - March 31.
2. Rental Operations: Revenue from managing 500+ affordable rental apartments across seven communities in southern New Hampshire.
3. Government Grants and Housing Contracts: Funding from federal, state, and local sources including USDA RD 502 Direct Loan Program partnerships, HUD, and other government housing programs.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

NeighborWorks Southern New Hampshire is a nonprofit housing organization that develops and manages affordable rental apartments, provides homeownership and financial wellness education and counseling for first-time homebuyers, delivers on-site tenant services at its rental properties, and runs neighborhood revitalization programs in Manchester and Nashua. The organization manages 500+ affordable rental apartments across seven communities and serves 81 New Hampshire communities with homeownership programming through the HOMEteam collaborative.

Product overview

NeighborWorks Southern New Hampshire is a nonprofit housing organization offering a portfolio of interconnected housing services. The core offerings include Real Estate Development (creating affordable rental apartments and owner-occupied homes), Community Building and Engagement (neighborhood revitalization programs in Manchester and Nashua), Tenant Services (support for residents in affordable rental properties), and Homeownership Programs (first-time homebuyer education and counseling). Key branded programs include HOMEteam, a collaborative initiative with CATCH Neighborhood Housing and Lakes Region Community Developers serving 81 communities, and the USDA 502 Direct Loan Program for which the organization serves as a qualified packager. The organization manages more than 500 affordable rental apartments and provides homeownership and financial wellness education services.

Differentiator

Problem solved

Functional benefit

Brands

• HOMEteam: A collaborative program between NeighborWorks Southern New Hampshire, CATCH Neighborhood Housing, and Lakes Region Community Developers that delivers first-time homebuyer and financial wellness education and counseling services through HOMEteam.

Products and services

• Real Estate Development Develops new affordable rental apartments and creates new owner-occupied homes, improving rental housing stock in city neighborhoods and surrounding communities across southern New Hampshire.
• Tenant Services Enriches lives of tenants in affordable rental apartments through community building, social events, identifying needs during difficulties, and connecting residents to local agencies and resources. Tenant services coordinators build relationships with residents on-site at rental properties.
• Homeownership Programs Provides first-time homebuyer education, financial wellness counseling, and homeownership support services, including access to USDA 502 Direct Loans for low and very low-income applicants seeking safe, affordable housing in rural areas.
• Community Building and Engagement Strategic neighborhood improvement program addressing challenges in Manchester and Nashua through resident leadership sessions, neighborhood clean-ups, block parties, and collaboration with local agencies including city governments and police departments.
• HOMEteam Collaborative program providing first-time homebuyer and financial wellness education and counseling services through a network of three housing organizations, expanding the geographic reach of homeownership education across 81 New Hampshire towns from the southern border to the Lakes Region.
• USDA Section 502 Direct Loan Program Packaging Acts as a qualified packager and quality assurance reviewer for USDA RD's Section 502 Single Family Housing Direct Loan Program, assisting low and very low-income applicants in obtaining safe, affordable housing in rural areas.

Quantifiable outcome

• 500+ affordable rental apartments managed across seven communities
• +2 more outcomes

Named customers4 records

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

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

• HOMEteam (CATCH Neighborhood Housing)coreStrategic or Co-development PartnerCollaborative program delivering first-time homebuyer and financial wellness education and counseling services through a network of housing organizations.
• HOMEteam (Lakes Region Community Developers)coreStrategic or Co-development PartnerCollaborative program delivering first-time homebuyer and financial wellness education and counseling services through a network of housing organizations.
• USDA Rural DevelopmentmajorOthersNeighborWorks Southern New Hampshire is a qualified packager and quality assurance reviewer for USDA RD's Section 502 Single Family Housing Direct Loan Program, which assists low and very low-income applicants in obtaining safe, affordable housing.
• City of ManchestercoreStrategic or Co-development PartnerLong-standing partnership with the City of Manchester for neighborhood revitalization and community development initiatives including Center City Neighborhood Committee, mural projects, and resident leadership programs.
• City of Nashua (Mayor's Office and Community Development Department)coreStrategic or Co-development PartnerPartnership to organize residents around projects and initiatives that impact them directly, including collaboration with Nashua Police Athletic League for Youth Leadership Academy.
• Nashua Police Athletic LeagueminorStrategic or Co-development PartnerCollaboration on Youth Leadership Academy encouraging positive action by young residents in Nashua neighborhoods.
• Manchester Police DepartmentminorOthersPolice officers attend monthly neighborhood meetings, building positive working relationships with residents and local business owners.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Others

• New Hampshire Housing Finance Authority: New Hampshire Housing Finance Authority is the state's housing finance agency that administers federal and state housing funding programs, including subsidized financing options that NeighborWorks SNH helps package for eligible borrowers across the state.

Regional players

• Way Finders: Way Finders is a Western Massachusetts affordable housing and homeownership services nonprofit providing rental operations, homeownership counseling, and financial education, serving a comparable role as a regional NeighborWorks-style organization.
• Avesta Housing: Avesta Housing is a Maine-based nonprofit affordable housing provider managing thousands of rental apartments and offering homeownership support across northern New England, comparable in scope and integrated services model to NeighborWorks SNH.
• Champlain Housing Trust: Champlain Housing Trust is a Burlington, Vermont-based nonprofit providing permanently affordable rental and homeownership opportunities through shared-equity models, comparable as an established regional affordable housing operator serving the broader New England market.
• Harbor Care: Harbor Care (formerly Harbor Homes) is a Nashua, NH-based nonprofit providing affordable housing, supportive housing, and resident services across southern New Hampshire, making it a comparable regional peer in affordable rental operations and tenant services.

Broad incumbents

• NeighborWorks Boston: NeighborWorks Boston is a sister affiliate in the NeighborWorks national network providing affordable housing development, rental operations, and homeownership education across Greater Boston, comparable in mission and integrated service model but serving a larger metro area.
• Habitat for Humanity New Hampshire: Habitat for Humanity New Hampshire is the state-level Habitat affiliate that coordinates affordable home construction and homeownership pathways across multiple NH locations, providing a comparable statewide nonprofit housing development footprint.

Direct peers

• CATCH Neighborhood Housing: CATCH Neighborhood Housing is a New Hampshire nonprofit that delivers homeownership education and financial counseling in partnership with NeighborWorks Southern New Hampshire through the HOMEteam collaborative, making it a direct functional peer with overlapping services and shared Manchester geography.
• Habitat for Humanity of Greater Manchester: Habitat for Humanity of Greater Manchester provides affordable home construction, homeownership preparation, and financial counseling in the same Manchester, NH market as NeighborWorks Southern New Hampshire, serving comparable first-time homebuyer clients in an overlapping geographic footprint.
• Lakes Region Community Developers: Lakes Region Community Developers is a New Hampshire-based community development corporation providing affordable housing, homeownership counseling, and community building, and serves as the third member of the HOMEteam collaborative alongside NeighborWorks SNH.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/nwsnh
• Facebookfacebook.com/NWSNH

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 NeighborWorks Southern New Hampshire