April Housing

Name

April Housing

Legal name

April Housing

Website

https://aprilhousing.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Residential Property Managers (531311), Administration of Housing Programs (925110)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industries

Affordable & Public Housing Asset Management (BPAJAMAI), Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF), Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB)

Keywords

• Affordable housing preservation
• LIHTC portfolio management
• Low-income housing
• Tax credit resyndication
• Affordable rental housing

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Tenant Rental Income: Revenue generated from rents paid by residents in LIHTC properties. Rents are restricted to remain affordable (typically 30% of tenant income for those earning up to 60% of area median income).
2. Low-Income Housing Tax Credits (LIHTC): Tax credit equity generated through the LIHTC program. Blackstone provides tax credit equity for development and preservation of affordable housing properties. Since inception, April Housing has provided $79 million of tax credit equity to support development of more than 500 affordable apartments in Phoenix.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

April Housing owns, manages, and preserves one of the nation's largest portfolios of Low-Income Housing Tax Credit (LIHTC) affordable housing, comprising over 80,000 to 90,000 rental units serving approximately 250,000 residents. Its core offering is best-in-class property management combined with a tax credit resyndication program that applies for new LIHTC credits to reinvest in communities and extend affordability for at least another 30 years, preventing conversions of LIHTC properties to market-rate housing.

Product overview

April Housing operates as an affordable housing preservation company managing a portfolio of LIHTC (Low-Income Housing Tax Credit) properties across the United States. The company offers affordable housing management services, a resyndication platform to extend property affordability for 30+ years, and property renovation programs. The core offerings center on preserving and improving high-quality affordable housing through their resyndication program, LIHTC portfolio management, and community-wide renovation initiatives.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Housing Management Best-in-class management of high-quality affordable rental housing for families and seniors earning less than area median income (typically 30-80% AMI) across the United States. The offering includes property operations, rent collection under LIHTC rent restrictions (capped at 30% of tenant income for households earning up to 60% AMI), and resident support across the portfolio of LIHTC units.
• Resyndication Program Tax credit resyndication program that applies for new Low-Income Housing Tax Credits to reinvest in communities and extend property affordability for at least another 30 years, preventing conversions of LIHTC properties to market-rate housing and enabling large-scale renovation investments.

Quantifiable outcome

• Since 2024, preserved more than 3,000 affordable housing units nationwide
• +5 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature1 record

Partnerships

16 partnerships are on record, tiered minor and core.

• Starock GroupminorStrategic or Co-development Partner · 26 May 2026Purchased Parham Park Place Senior I & II (137-unit senior housing) from April Housing.
• WinCor Holding CompanyminorStrategic or Co-development Partner · 26 May 2026Purchased Delmont Village Apartments from April Housing.
• Housing Authority of the City of Austin (HACA)coreStrategic or Co-development Partner · 23 April 2026Partnership for grand reopening of three Austin communities (Heritage Pointe, Eagle's Landing, Village at Collinwood). April Housing and HACA invested $60M+ in renovations extending affordability for 30 years.
• Harris County Housing Finance CorporationcoreStrategic or Co-development Partner · 2 April 2026Partnership for Baypointe Apartment Homes $20 million renovation preserving affordability for 236 families in Webster, TX.
• Housing Finance Authority of Miami-Dade CountycoreStrategic or Co-development Partner · 19 March 2026First South Florida resyndication partnership. April Housing invested $15 million in renovations at 164-unit property.
• Orange County Housing Finance AuthoritycoreStrategic or Co-development Partner · 3 November 2025First partnership with Orange County Housing Finance Authority for $17 million renovation preserving affordability of units in Orlando region.
• Dallas Housing Finance CorporationcoreStrategic or Co-development PartnerPartnership for West Virginia Park Apartments 204-unit preservation and $255 million+ in upgrades across Texas properties.
• Ohio Housing Finance AgencycoreStrategic or Co-development PartnerPartnership for multiple Cincinnati-area resyndications preserving 700+ units across three properties.
• Cirrus Asset ManagementcoreChannel Partner/ Reseller/ DistributorProperty management partner managing April Housing properties including Front Street Apartments in Maui. Partnered on resident events and emergency response.
• Mission Rock ResidentialcoreChannel Partner/ Reseller/ DistributorProperty management partner for Fort Collins properties. Partnered on backpack donation events and resident services.
• AMCAL Multi-Housing, Inc.minorChannel Partner/ Reseller/ DistributorProperty management partner for Los Angeles area properties.
• DominiumcoreStrategic or Co-development PartnerDevelopment partnership for new LIHTC affordable housing. Blackstone provided $48 million and $31 million+ of tax credit equity for Phoenix and Denver developments totaling 418+ new units.
• CoreGivingminorGTM or Marketing PartnerSocial impact partnership for CoreGiving March Madness Bracket Battle competition. April Housing won 3-time consecutive championship. In 2025, helped raise $153,035 equating to 765,175 meals.
• Project DestinedminorGTM or Marketing PartnerSocial impact program connecting students from 2,000+ colleges and universities with real estate organizations. April Housing selected 21 students for Bridge Program with 5 weeks of training.
• LA LGBT CenterminorStrategic or Co-development PartnerReceived transfer of Triangle Square Apartments - the country's first LGBTQ-affirming affordable housing seniors' community in West Hollywood.
• RiseBoro Community PartnershipminorStrategic or Co-development PartnerBlackstone donated $1.2 million to fund resident support services. Partnership to preserve Brooklyn affordable housing.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Jonathan Rose Companies: Mission-driven affordable and mixed-income developer and owner operating across multiple states, with comparable preservation, green-building, and HFA-partnership strategies aligned to LIHTC and resyndication work.
• The Michaels Organization: Large national developer, owner, and manager of affordable (LIHTC) and market-rate housing with a comparable property management operation, public/private partnerships with state HFAs, and senior housing exposure. Closely overlaps with April Housing in unit count, geography, and the affordable/workforce product mix.
• Beacon Communities: National LIHTC-focused developer and owner/operator of affordable multifamily housing with comparable HFA partnerships, preservation expertise, and senior housing exposure. Closely matches April Housing's resyndication and resident-services model.
• WinnCompanies: Owner and manager of one of the largest affordable housing portfolios in the U.S., including LIHTC properties, mixed-finance projects, and Section 8 units. Highly comparable on residential property management scale, mission-driven tenant base, and HFA/government relationships.
• Fairfield Residential: Large multifamily owner and operator with significant affordable and LIHTC housing exposure, including prior acquisitions of affordable portfolios closely resembling April Housing's resyndication strategy. April Housing SVP of Investments Jack St. Marie previously closed $2B in transactions here, underscoring direct operational overlap.
• Dominium: One of the largest LIHTC developers and owners in the U.S., with a similar pipeline of new-construction LIHTC apartments in Arizona, Colorado, and other growth markets. April Housing is itself an LIHTC equity provider to Dominium (~$128M of Blackstone tax-credit equity), making them both partners and direct comps for unit count, deal cadence, and preservation strategies.
• AHC Inc. (Affordable Homes & Communities): Regional nonprofit developer and operator of LIHTC affordable housing across the Mid-Atlantic with comparable unit counts, senior housing programs, and community-based resident services. Useful comparable for April Housing's nonprofit partnership and resident-services arm.
• The NRP Group: National LIHTC-focused developer, owner, and operator of affordable and workforce multifamily housing with a comparable multi-state footprint and new-construction/resyndication playbook. Highly comparable to April Housing on product type, customer base (30–80% AMI tenants), and reliance on state HFA credit allocations.

Broad incumbents

• Related Companies (Related Affordable): Major diversified national developer with a substantial affordable and LIHTC arm (Related Affordable) operating thousands of affordable units. Comparable on product, customer base, and HFA-funded development, though within a broader mixed-income and market-rate development portfolio.

Emerging players

• Tides Equities: Affordable housing-focused sponsor of LIHTC funds and operator of affordable multifamily housing. Lower scale than April Housing, but comparable on LIHTC tax-credit equity deployment and on building institutional-quality preservation portfolios.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/april-housing

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 April Housing