MANNA

What MANNA does

MANNA is a Washington, D.C.-based 501(c)(3) nonprofit founded in 1982 that operates as a hybrid affordable housing developer and HUD-approved housing counseling agency. The organization develops and preserves affordable for-sale housing (single-family homes, townhomes, condominiums) and affordable rental housing through new construction, TOPA (Tenant Opportunity to Purchase Act) acquisitions, and historic preservation. Its active pipeline includes notable projects such as S St Village (90 mixed-use units), H.R. Crawford Gardens (76 units), Hanover Court (76 rental units), Tivoli Gardens (49 units), Whitelaw Hotel Apartments (35 historic units), and the Athena/Brightwood Portfolio (62 units).

The Home Ownership Center (HOC) is MANNA's second core division, delivering HUD-certified housing counseling, an 8-hour homebuyer education curriculum offered in English and Spanish, micro-lending and credit-building loan products, and application assistance for DC down payment assistance programs (HPAP, EAHP, NEAHP). The organization has developed over 1,900 affordable housing units and assisted over 10,000 clients since 1982, with average homeowners accumulating over $160,000 in equity.

MANNA's business model is built on three revenue streams: government grants and public financing through DHCD, DCHFA, HUD, and federal tax credit programs (LIHTC, Historic Tax Credits, New Market Tax Credits); philanthropic donations from individuals, corporations, and foundations; and nominal program service fees for HUD counseling. Distribution is via four physical offices across DC and Prince George's County, MD plus hybrid virtual delivery. Key strategic partners include NeighborWorks America, NCRC, LISC, Enterprise Community Partners, Wells Fargo, Amazon, Truist, and Geico. Leadership is headed by President & CEO Sasha-Gaye Angus, who joined in October 2020 from McCormack Baron Salazar.

Name

MANNA

Legal name

Manna, Inc.

Website

https://mannahomes.org

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

11–50 employees

Short description

MANNA is a Washington, D.C. nonprofit founded in 1982 that develops and preserves affordable homeownership and rental housing while providing HUD-certified housing counseling, homebuyer education, and down payment assistance to low- and moderate-income households across DC and Maryland.

Ownership category

akta.pro rank

Product category

Affordable Housing Development

NAICS

Lessors of Residential Buildings and Dwellings (53111)

SIC

Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

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

akta.pro secondary industries

Affordable & Public Housing Asset Management (BPAJAMAI), Affordable Housing & First-Time Buyer Brokerage (BPAJAAAD), Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Down Payment Assistance (DPA) & Homebuyer Subsidy Programs (FSALAKAE), Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA), Residential Affordable Housing Development & Construction (IMAFABAI)

Keywords

• Affordable housing development
• Housing counseling services
• Homebuyer education
• Multifamily rental preservation
• Down payment assistance

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Government Grants & Public Financing: MANNA utilizes various government financing vehicles including Low Income Housing Tax Credits (LIHTC), Historic Tax Credits, New Market Tax Credits, and tax-exempt bond financing. The organization also receives funding through DHCD and other public sources.
2. Donations & Philanthropy: The organization accepts charitable donations from individuals, corporations, and foundations. Donations are facilitated through their website portal, donor-advised funds, stock gifts, and the Combined Federal Campaign (CFC #80363).
3. Program Service Fees: HUD-approved housing counseling services are provided free or at low-cost. A nominal one-time processing fee may be charged upon joining the Home Ownership Center.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

MANNA develops affordable for-sale and rental housing through new construction, preservation, and historic rehabilitation in Washington DC and Maryland, and operates a HUD-approved Home Ownership Center providing free or low-cost homebuyer education, one-on-one counseling, micro-lending, and assistance applying for down payment and closing cost assistance programs. The organization's offerings are targeted to low- and moderate-income households seeking pathways to sustainable homeownership.

Product overview

MANNA is a nonprofit affordable housing developer and HUD-approved housing counseling agency in Washington DC. The organization operates two core divisions: (1) Real Estate Development, which develops affordable homeownership projects (single-family homes, townhomes, condominiums) and multifamily/rental housing through new construction and preservation; and (2) the Home Ownership Center (HOC), which provides HUD-certified housing counseling, homebuyer education, and down payment assistance program application support. Key development projects include Oramenta Gardens, Pohlman Towns, Syphax Townhomes, S St Village, H.R. Crawford Gardens, Hanover Court, Tivoli Gardens, and the Whitelaw Hotel. The organization has developed over 1,900 affordable housing units since 1982.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Homeownership Development Development of affordable for-sale housing including single-family homes, townhomes, and condominiums for low- to moderate-income buyers in Washington DC.
• Multifamily & Rental Housing Preservation Development and preservation of affordable rental housing units through new construction and TOPA (Tenant Opportunity to Purchase Act) acquisitions in Washington DC.
• Home Ownership Center (HOC) HUD-approved housing counseling center providing free or low-cost homebuyer education, credit counseling, mortgage readiness preparation, and down payment assistance program application assistance for low- and moderate-income households.
• Down Payment & Closing Cost Assistance Programs Assistance programs including HPAP (Housing Purchase Assistance Program), EAHP, and NEAHP providing interest-free loans and closing cost assistance to qualified DC applicants through the Home Ownership Center.
• Homebuyer Education Classes 8-hour HUD-approved homebuyer education following a national standardized curriculum, offered in English and Spanish through group classes and individual counseling.
• Micro-Lending Programs Credit-building loan offerings and micro-lending programs designed to help underserved community members build credit and access homeownership.
• HOA & Condo Association Management Stewardship services training homeowners about HOA elections, governance, financial controls, and vendor services for homeowner and condo associations formed by MANNA buyers.

Named customers3 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

Two partnerships are on record, tiered core.

• NeighborWorks AmericacoreStrategic or Co-development PartnerNational nonprofit housing network providing training, resources, and organizational support. MANNA is a NeighborWorks network partner with staff participating in symposiums and professional development programs.
• NCRC (National Community Reinvestment Coalition)coreStrategic or Co-development PartnerAdvocacy organization focused on community reinvestment. Partner logo displayed on MANNA's partners page.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Enterprise Community Partners: National CDFI and affordable housing developer providing financing and expertise. Listed as a core financial partner to MANNA, and operates as a scaled national peer across affordable for-sale and rental development.
• Local Initiatives Support Corporation (LISC): National CDFI providing grants, loans, and capacity-building to community developers including MANNA. Comparable as a funder/incumbent in the DC affordable housing ecosystem, with much broader geographic scope and capital base.
• BRIDGE Housing: West Coast-based nonprofit affordable housing developer with integrated development and property management. Comparable mission and integrated development-counseling model, though operating in a different geography.
• Mercy Housing: Large national nonprofit affordable housing developer combining development, property management, and resident services. Comparable integrated service model and LIHTC-driven development approach.

Direct peers

• Preservation of Affordable Housing (POAH): National nonprofit focused on preserving and operating affordable rental housing. Comparable in the multifamily preservation niche and in managing mixed-income properties, though at much greater geographic scale.
• National Housing Trust: Nonprofit affordable rental housing developer and preservationist operating in the DC region. Directly comparable in mission focus on preserving affordable rental housing through acquisition and TOPA-style programs.
• The NHP Foundation: Nonprofit affordable housing developer and owner of mixed-income multifamily properties. Comparable in developing and preserving affordable and mixed-income rental housing through LIHTC and similar financing vehicles.
• Habitat for Humanity of Washington DC: Direct nonprofit peer developing affordable for-sale housing and providing homebuyer education in DC. Comparable in scale and mission to MANNA, also serving low-and moderate-income first-time buyers with similar HUD-aligned programs.

Regional players

• Mi Casa Inc. Washington DC-area nonprofit providing housing counseling, education, and homebuyer assistance to Hispanic and underserved populations. Comparable in HUD-certified counseling services and DC focus, though with a narrower demographic specialization.

Others

• NCRC (National Community Reinvestment Coalition): DC-based advocacy and research organization focused on fair housing, community reinvestment, and combating lending discrimination. Listed as a core partner of MANNA and operates in the same DC housing ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/MannaInc
• Instagraminstagram.com/mannainc
• Xx.com/mannainc
• LinkedInlinkedin.com/company/manna-inc.

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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 MANNA