Richmond Neighborhood Housing Services

What Richmond Neighborhood Housing Services does

Richmond Neighborhood Housing Services (RNHS) is a 45-year-old nonprofit community development corporation headquartered at 3220 Blume Drive in Richmond, California, with a satellite office in Oakland established in 2016. The organization was founded in 1981 by low-income East Bay residents to combat systemic segregation, redlining, disinvestment, and neighborhood blight, and operates as a HUD-approved housing counseling agency providing pre-purchase homebuyer education, foreclosure prevention and mortgage delinquency counseling, financial literacy coaching, and post-purchase homeowner support. RNHS owns and manages a portfolio of more than thirty single-family and multi-family rental homes across Richmond and Oakland, generating rental income that subsidizes its mission-driven programming. Through its wholly owned subsidiary Restoring Neighborhoods LLC, the organization has expanded into small-site infill real estate development, most notably the Las Deltas project that will convert four acquired duplexes in North Richmond into eight single-family homes.

RNHS generates revenue from a diversified mix of streams: nominal fees for HUD pre-purchase workshops ($99 e-learning, $45 in-person, free for in-person with credit-report fee), specialized workshop fees ($300 Small Coach), rental income from the property portfolio, foundation and corporate grants (including a January 2025 $200,000 KeyBank Foundation CDFI Bicentennial Grant), and program-related fees from counseling services. The Emerging Developers Program, a three-month virtual curriculum delivered via Zoom with nine courses and mentorship for BIPOC developers, represents a newer revenue-adjacent vertical entering its 9th cohort. Technology is limited to commodity integrations (Rooted for intake, eHomeAmerica for e-learning, DocuSign for documents, Keepingly for post-purchase tools, Zoom for instruction), and the operating model is people-intensive HUD-certified counseling rather than software-driven. Customers are individual first-time homebuyers, at-risk homeowners, renters, and aspiring developers, with partnerships spanning Wells Fargo, Bank of America, Chase, US Bank, KeyBank, BMO, HUD, LISC, Enterprise Community Partners, and major Bay Area community foundations.

Name

Richmond Neighborhood Housing Services

Legal name

Richmond Neighborhood Housing Services, Inc.

Website

https://richmondnhs.org

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

1–10 employees

Short description

Richmond Neighborhood Housing Services is a 45-year-old HUD-approved nonprofit that provides housing counseling, foreclosure prevention, financial education, affordable rental management, and small-site real estate development to low- and moderate-income families across the East Bay.

Ownership category

akta.pro rank

Product category

Affordable Housing Counseling and Community Development

NAICS

Administration of Housing Programs (92511), Real Estate Property Managers (53131)

SIC

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

akta.pro primary industry

Housing Counseling, Foreclosure Prevention & Loss Mitigation Programs (FSALAKAM)

Keywords

• Housing counseling services
• Homebuyer education
• Foreclosure prevention
• Affordable housing development
• Financial capability coaching

Headquarters

HQ city

Richmond

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Housing Counseling Services: RNHS provides HUD-certified housing counseling services including pre-purchase counseling, mortgage delinquency counseling, and financial education. Revenue is generated through workshop fees and counseling program participation.
2. Workshop Fees: In-person HUD Pre-Purchase workshops are free to attend (small fee for credit report may apply); E-learning online course costs $99. Post-purchase workshops available at various price points.
3. Property Management: RNHS owns and manages rental properties in Richmond and Oakland, generating rental income from a portfolio of more than thirty single-family and multi-family homes.
4. Real Estate Development: As infill and small site developers, RNHS acquires and rehabilitates properties to create homeownership opportunities. The Las Deltas project involves transforming four duplexes into eight single-family homes.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

RNHS is a HUD-approved nonprofit housing counseling agency that delivers pre-purchase homebuyer education, foreclosure prevention counseling, financial capability coaching, and affordable rental property management, along with small-scale real estate development and a training program for emerging BIPOC real estate developers in the East Bay.

Product overview

Richmond Neighborhood Housing Services (RNHS) is a HUD-approved housing counseling agency offering a portfolio of programs across the homeownership lifecycle. Its core offerings include a Pre-Purchase Homebuyer Program with in-person and e-learning HUD workshops via eHomeAmerica; Financial Counseling covering budgeting, credit, and debt reduction; Mortgage Delinquency & Default Resolution for foreclosure prevention; and Rental Properties management across Richmond and Oakland. The Emerging Developers Program (EDP), delivered via Zoom, trains BIPOC developers over three months with nine courses and mentorship. The Las Deltas Redevelopment Project, operated through the Restoring Neighborhoods LLC sub-brand, transforms duplexes into single-family homes with preferred lender partnerships. An RNHS + Keepingly partnership provides free two-year Keepingly platform access to qualifying clients, supporting long-term homeownership maintenance. The Money Matters Series adds supplemental workshops on wealth building and estate planning. Together these programs serve first-time buyers, existing homeowners facing delinquency, BIPOC developers, and renters across the East Bay.

Differentiator

Problem solved

Functional benefit

Brands

• Restoring Neighborhoods LLC: Subsidiary entity focused on property rehabilitation and development, including the Las Deltas redevelopment project in North Richmond
• Keepingly Partnership

Products and services

• Pre-Purchase Homebuyer Program

Quantifiable outcome

• Empowered more than 15,000 families since 1981
• +3 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Partnerships

15 partnerships are on record, tiered core and minor.

• Richmond Community FoundationcoreOthersLocal foundation partner supporting East Bay community initiatives.
• The San Francisco FoundationcoreOthersRegional foundation partner supporting Bay Area housing and community development.
• LISCcoreStrategic or Co-development PartnerLocal Initiatives Support Corporation partnership supporting community development programs.
• Enterprise Community PartnerscoreStrategic or Co-development PartnerProvides capacity building, technical assistance, and development expertise for affordable housing projects.
• HUDcoreStrategic or Co-development PartnerU.S. Department of Housing and Urban Development designation as approved housing counseling agency. HUD-certified workshops and counseling programs.
• Bay Area Housing AuthoritycoreStrategic or Co-development PartnerPartner for housing authority programs and Las Deltas property acquisition through Contra Costa Housing Authority.
• United Way Bay AreacoreStrategic or Co-development PartnerPartnership for financial empowerment programs including Sparkpoint services.
• The Greenlining InstitutecoreStrategic or Co-development PartnerPartner focused on racial equity and economic opportunity.
• EBHO (East Bay Housing Organization)coreStrategic or Co-development PartnerCoalition partner advocating for affordable housing in the East Bay.
• NCRC (National Community Reinvestment Coalition)coreStrategic or Co-development PartnerPartner for community reinvestment and advocacy efforts.
• RISE EconomycoreStrategic or Co-development PartnerPartner providing economic development resources and support.
• Build It GreenminorStrategic or Co-development PartnerPartner promoting sustainable building practices.
• DFPI (Department of Financial Protection & Innovation)minorOthersState regulatory partner for consumer financial protection.
• Guild MortgageminorChannel Partner/ Reseller/ DistributorPartner lender for homeownership programs.
• KeepinglycoreTechnology or IntegrationPartnership with online platform to provide free 2-year access to RNHS clients for document storage, budgeting, credit management, and repair tracking to help homeowners maintain their properties.

Scale indicators7 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Neighborhood Housing Services of Chicago: Original Neighborhood Housing Services (NHS) network member and one of the founding NHS organizations. Operates the same model of HUD-certified counseling, foreclosure prevention, and community-based homeownership advocacy in Chicago.
• Local Initiatives Support Corporation (LISC): National CDFI that partners with RNHS; provides affordable housing financing, capacity building, and community development grants. Operates the same nonprofit CDFI + community development model at national scale.
• Enterprise Community Partners: National affordable-housing nonprofit and CDFI that partners with RNHS; develops and finances affordable rental and for-sale housing. Directly comparable in mission, HUD-counseling adjacency, and Bay Area footprint via its Northern California office.
• Habitat for Humanity East Bay–Silicon Valley: Affordable homeownership nonprofit operating in the same East Bay / Silicon Valley geography, providing homebuyer education, counseling, and infill single-family home development analogous to RNHS's Las Deltas model.
• Eden Housing: Bay Area affordable-housing developer and property manager. Has an employee (Obinna Uwakah) on RNHS's board managing 300+ units of affordable housing across the Bay Area. Comparable in affordable housing focus and East Bay footprint.
• EAH Housing: Bay Area-based nonprofit affordable housing developer and manager. Comparable in mission (affordable rental housing in the Bay Area) and is represented on RNHS's advisory committee.
• BRIDGE Housing Corporation: Bay Area-based nonprofit affordable housing developer with comparable geographic focus and mission of producing affordable ownership and rental housing for low- and moderate-income families.

Broad incumbents

• Mercy Housing: National nonprofit affordable housing developer with a significant Bay Area presence. Comparable in mission, scale, and HUD-certified counseling adjacent services; broader footprint and deeper capital base than RNHS.

Others

• National Community Reinvestment Coalition (NCRC): RNHS coalition partner focused on community reinvestment and fair lending advocacy. Tangentially comparable as a national nonprofit ecosystem participant supporting the same CDFI/HUD-counseling infrastructure.
• Greenlining Institute: RNHS partner organization focused on racial equity and economic opportunity. Adjacent ecosystem participant supporting community-based affordable housing and BIPOC wealth-building initiatives in the East Bay.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCfbi2xrFNr8a9K3oNU0M6Gg
• Facebookfacebook.com/EastBayNHS
• LinkedInlinkedin.com/company/richmond-neighborhood-housing-services-inc
• Instagraminstagram.com/rnhsinc
• Xx.com/RNHSInc

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

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 Richmond Neighborhood Housing Services