Federation Housing

What Federation Housing does

Federation Housing, Inc. is a Philadelphia-based 501(c)(3) non-profit organization founded in 1970 by Ephraim F. Goldstein with support from the Jewish Federation of Greater Philadelphia. Its mission is to provide affordable housing communities and supportive services that enable low- and moderate-income seniors to live independently with an enhanced quality of life. The organization operates 11 residential communities across Northeast Philadelphia, Montgomery County, and Bucks County, housing approximately 1,500 seniors aged 62 and older (and non-elderly physically disabled individuals in some properties). The portfolio aggregates more than 1,150 apartment units across a mix of building types — multi-story mid-rises, high-rises (e.g., Samuel Tabas at 322 units), and adaptive-reuse projects (Robert Saligman Apartments, converted from a Holiday Inn in 1977). Properties operate under multiple federal subsidy frameworks, including HUD Section 8, Section 202 (Supportive Housing for the Elderly), Section 231, Section 236, and Pennsylvania Housing Finance Agency-administered Low-Income Housing Tax Credit programs; rents are typically capped at 30% of residents' adjusted income.

The organization's primary value-added bundle extends beyond shelter to an integrated social services stack: on-site social workers at every property, congregate meal programs (serving over 21,000 meals annually), free van transportation with wheelchair accessibility (over 6,000 rides per year), pastoral care via a community Rabbi, religious services, computer centers, libraries, and a partnership-driven socialization program (notably with Golden Slipper Gems). The most recent portfolio addition is Annabel Gardens, a 54-unit LIHTC community in Willow Grove that broke ground in February 2022.

Federation Housing's business model combines federal housing subsidies and tax credit-derived cash flows with a recurring resident rent stream and philanthropic contributions from individuals, corporations, and foundations (e.g., Wells Fargo, Jean Griswold Foundation, Pincus Fund). GTM is direct-to-consumer via website, phone, and mail applications against per-property waiting lists. The organization employs approximately 11–50 staff (a public directory lists roughly 13 named team members across executive, director, manager, and specialist roles) and is governed by a board of directors. The current Executive Vice President, Eric Naftulin, was appointed in 2021 to Mayor Kenney's Commission on Aging. Federation Housing has no proprietary technology platform, API, or software products; its digital footprint consists of a Wix-hosted website and standard social media accounts (Facebook, X).

Name

Federation Housing

Legal name

Federation Housing, Inc.

Website

https://federationhousing.org

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Short description

Federation Housing is a Philadelphia-based 501(c)(3) non-profit founded in 1970 that operates 11 affordable housing communities serving nearly 1,500 low- and moderate-income seniors across Northeast Philadelphia, Montgomery, and Bucks counties, complemented by on-site social, meal, and transportation services.

Ownership category

akta.pro rank

Product category

Affordable Senior Housing

NAICS

Other Residential Care Facilities (623990), Services for the Elderly and Persons with Disabilities (62412)

SIC

Services-Nursing & Personal Care Facilities (8050), Services-Social Services (8300)

akta.pro primary industry

Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB)

akta.pro secondary industries

Elder Services & Aging Support (BPAGAEAF), Senior Living Property Management (BPAJAGAI)

Keywords

• Affordable senior housing
• Subsidized housing services
• Senior independent living
• Low-income housing
• Senior supportive services

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Resident Rent Payments: Residents pay 30% of adjusted income for rent at subsidized properties. Some properties accept housing vouchers. Non-subsidized properties require meeting income eligibility set by Pennsylvania Housing Finance Agency (PHFA).
2. Donations and Grants: Support services and enrichment programs are funded through contributions from individuals, corporations and foundations. Examples include $10,000 Wells Fargo grant, Jean Griswold Foundation grants, and Pincus Fund support.
3. HUD Section 8/202 Subsidies: Multiple properties receive HUD subsidies through Section 8, Section 202, Section 231, and Section 236 programs, providing federal housing assistance payments.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Federation Housing operates 11 affordable senior housing communities across Northeast Philadelphia, Montgomery, and Bucks Counties in Pennsylvania, providing subsidized apartments to low- and moderate-income seniors aged 62 and older (and non-elderly physically disabled individuals). The organization owns and manages approximately 1,259 apartment units across properties funded through HUD Section 8, Section 202, Section 231, and Section 236 programs, as well as low-income housing tax credit buildings, with rents set at 30% of adjusted income for qualifying residents.

Product overview

Federation Housing operates a portfolio of 11 affordable senior housing communities across Northeast Philadelphia, Montgomery, and Bucks counties in Pennsylvania, serving approximately 1,500 low-income seniors. The communities include: Samuel A. Green House (84 units, Elkins Park), Florence E. Green House (60 units, Trevose), Annabel Gardens (54 units, Willow Grove), Robert Saligman Apartments (286 units combined, Philadelphia), Miriam & Robert M. Rieder House (77 units), Evelyn & Daniel Tabas House (61 units), Center Park III (39 units), Samuel Tabas Apartments (322 units), Ephraim Goldstein Apartments (154 units), Arthur & Estelle Sidewater House (62 units), and Daniel B. Green House (60 units). These residential properties are complemented by support services including social services, free van transportation, meal programs, housekeeping services, religious activities, and socialization programs. Properties operate under various HUD subsidy programs (Section 8, Section 202) and low-income housing tax credit programs, with eligibility typically restricted to seniors aged 62+ or non-elderly physically disabled individuals.

Differentiator

Problem solved

Functional benefit

Products and services

• Samuel A. Green House An 84-unit three-story building with one-bedroom apartments in Elkins Park, PA. Low-income housing tax credit building for seniors aged 62+. Features include social room, lobby, library/media room, chapel, computer center, patio, gazebo, and walking paths.
• Florence E. Green House A 60-unit three-story building with one- and two-bedroom apartments in Trevose, PA. Low-income housing tax credit building for the elderly. Features community room with kitchenette, wellness center, computer room, library, outdoor patio, gazebo, and walking path.
• Annabel Gardens A 54-unit three-story building with one-bedroom apartments in Willow Grove, PA. Low-income housing tax credit building for the elderly. Residents enjoy community room, lobby, library/computer center, and outdoor veranda.
• Robert Saligman Apartments A Section 202/Section 8 HUD subsidized 180-unit ten-story building with efficiencies and one-bedroom apartments in Philadelphia, PA. Originally a Holiday Inn converted in 1977, with the Robert Saligman North addition adding 106 one-bedroom units in 1994. Features lobby, social room, library/media room, chapel, and computer center.
• Miriam & Robert M. Rieder House A 77-unit building with efficiencies and one-bedroom apartments in Philadelphia, PA. Section 202/Section 8 HUD subsidized. Adjacent to Evelyn & Daniel Tabas House and Center Park III. Features dining hall, lobby, library/media room, chapel, computer center, and patio.
• Evelyn & Daniel Tabas House A 61-unit building with efficiencies and one-bedroom apartments in Philadelphia, PA. Section 202/Section 8 HUD subsidized. Adjacent to Miriam & Robert M. Rieder and Center Park III. Features dining room, lobby, library/media room, chapel, computer center, and patio.
• Center Park III A 39-unit building with one-bedroom apartments in Philadelphia, PA. Low-income housing tax credit building for the elderly. Adjacent to Miriam & Robert M. Rieder House and Evelyn & Daniel Tabas House. Features lobby, library/media room, chapel, computer center, and patio.
• Ephraim Goldstein Apartments A 154-unit high-rise building with efficiencies and one-bedroom apartments in Philadelphia, PA. Consists of two properties: Shalom Apartments and Arbor House. Section 231/Section 8 and Section 202/Section 8 HUD subsidized. Features social room, lobby, library/media room, chapel, computer center, and patio.
• Samuel Tabas Apartments A 322-unit high-rise with efficiencies and one-bedroom apartments in Philadelphia, PA. Section 236/Section 8 HUD subsidized. Features contemporary lobby, lounges, computer center, chapel, and patio areas.
• Arthur & Estelle Sidewater House A 62-unit four-story building with one-bedroom apartments in Philadelphia, PA. Low-income housing tax credit building for the elderly. Features social room, lobby, library/media room, computer center, and patio.
• Daniel B. Green House A 60-unit three-story building with one-bedroom apartments in Trevose, PA. Low-income housing tax credit building for the elderly. Features community room with kitchenette, computer room, billiard room, game room, library, outdoor patio, gazebo, gardens, and walking path.
• Social Services On-site social workers at each location link residents and families to available community services to help seniors maintain independence.
• Free Van Transportation Transportation with hydraulic lift for wheelchair accessibility is available on a scheduled basis for shopping, medical visits, banking, and mall trips. Over 6,000 free rides are provided annually.
• Meal Programs Affordable lunch program offered in all buildings to meet nutritional and socialization needs of residents. Over 21,000 meals served annually through the Senior Congregate Meal Program.
• Religious Activities Community Rabbi provides spiritual guidance, counseling, religious history classes, and conducts Shabbat and High Holiday Services weekly at each building.

Quantifiable outcome

• Serves nearly 1,500 seniors across 11 properties
• +3 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• CVS PharmacycoreStrategic or Co-development Partner · 1 February 2021Partnership with CVS pharmacy for COVID-19 vaccination clinics. Healthcare clinicians from CVS administered vaccinations to over 800 residents across Federation Housing communities.
• Jewish Federation of Greater PhiladelphiacoreStrategic or Co-development PartnerJewish Federation of Greater Philadelphia provided founding support for Federation Housing and continues to partner on initiatives. They co-sponsored the ground-breaking ceremony for Annabel Gardens in Willow Grove. Jewish Federation supports Passover programs and holiday celebrations.
• Golden Slipper GemscoreStrategic or Co-development PartnerCollaborative program between Federation Housing and Golden Slipper Gems provides age-appropriate activities and socialization programs for residents on a regular basis. Golden Slipper also hosts Passover Seders.
• Speech-Language Institute of Salus UniversityminorStrategic or Co-development PartnerWeekly speech-language classes hosted at Samuel A. Green House focusing on cognitive and communication wellness for aging adults. Classes run by clinical educator Jill Grogg, CCC-SLP and SLP students.
• Keneseth Israel (KI) SynagogueminorStrategic or Co-development PartnerKI synagogue hosts annual Hanukkah celebrations for Federation Housing residents. Over 170 residents attended the 13th Annual Hanukkah Celebration. Also hosts annual Chanukah dinner.
• Whole Foods JenkintownminorGTM or Marketing PartnerWhole Foods Jenkintown selected Federation Housing as recipient of 'Nickels for Non-Profits' program, donating 5 cents per reusable bag during fall/winter 2016-2017.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• The NHP Foundation: Nonprofit affordable housing operator focused on seniors, families, and individuals with special needs across the US, using LIHTC and HUD programs. Comparable mission and subsidy-driven operating model.
• National Church Residences: Largest nonprofit provider of affordable senior housing in the US, operating HUD-subsidized and LIHTC communities across multiple states. Directly comparable business model to Federation Housing, scaled to a national footprint.
• Dominium: One of the largest US affordable housing operators and developers, managing LIHTC and HUD-subsidized apartment communities nationwide. Comparable asset class and resident base, though structured as a for-profit manager.
• Presbyterian Senior Living: Faith-based nonprofit operating affordable independent living, assisted living, and personal care communities primarily in Pennsylvania and the Mid-Atlantic. Closely mirrors Federation Housing's faith-affiliated, HUD-subsidized operating model.
• Beacon Communities: Nonprofit developer and operator of affordable rental housing for families, seniors, and special-needs populations using LIHTC and HUD financing. Direct operational peer with a similar development pipeline model.
• Jewish Senior Life: Faith-based (Jewish-affiliated) nonprofit operating independent living, assisted living, and skilled nursing in the Northeast US, with subsidized housing components. Direct cultural and operational analogue to Federation Housing's faith-affiliated senior housing model.
• Volunteers of America: National nonprofit providing housing and supportive services for low-income seniors and vulnerable populations, including HUD-subsidized senior communities. Same funding model and resident services orientation as Federation Housing.
• Retirement Housing Foundation: National nonprofit providing affordable housing for seniors and people with disabilities, primarily through HUD Section 202 and Section 8. Direct model and regulatory match for Federation Housing's subsidy stack.
• Presbyterian Villages of Michigan: Faith-based nonprofit senior housing and services provider in Michigan, operating affordable independent and assisted living with HUD/LIHTC financing. Comparable mission and operating structure, regional rather than overlapping geography.

Others

• National Affordable Housing Management Association: Industry trade association that administers the Communities of Quality Award earned by Federation Housing in 2016-2018. Useful ecosystem comparator for nonprofit affordable housing management standards and peer benchmarking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/fhiinc
• YouTubeyoutube.com/channel/UC9qsPMtavwvg
• Facebookfacebook.com/FederationHousinginc
• LinkedInlinkedin.com/company/federation-housing-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Federation Housing