NAHT

What NAHT does

National Affordable Housing Trust (NAHT) is a nonprofit Low-Income Housing Tax Credit (LIHTC) syndicator founded in 1986 and headquartered in Columbus, Ohio. The organization provides housing development, asset management, and financial advisory services focused on acquiring, developing, and preserving affordable residential properties serving low-income populations across multiple specialty segments including supportive housing, veterans housing, and workforce housing.

NAHT's core product is a fund management portfolio of LIHTC-based projects and partnerships with developers delivering affordable housing units. Operating with 11-50 employees, NAHT generates revenue through the conventional LIHTC syndication model: underwriting and syndicating tax-credit equity to investors while earning asset management fees, developer fees, and ongoing portfolio management income across its properties. Its specialty verticals (supportive, veterans, and workforce housing) suggest segmentation around tenant populations and funding sources rather than technology differentiation.

As of May 15, 2026, NAHT's properties and fund management portfolio were acquired by National Equity Fund (NEF), a larger LIHTC-focused nonprofit. The transaction transferred control of NAHT's assets and ongoing fund management obligations to NEF, indicating the entity has been absorbed into a larger platform rather than continuing as an independent operator.

Name

NAHT

Website

https://naht.org

Company type

Private

Founded year

1986

Operating status

Acquired

Headcount range

11–50 employees

Short description

National Affordable Housing Trust (NAHT) is a Columbus-based nonprofit LIHTC syndicator, founded 1986, providing affordable housing development, asset management, and financial advisory services across supportive, veterans, and workforce housing. Its portfolio was acquired by National Equity Fund on May 15, 2026.

Ownership category

akta.pro rank

Product category

Affordable Housing Finance / LIHTC Syndication

NAICS

Services for the Elderly and Persons with Disabilities (62412)

SIC

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

akta.pro primary industry

Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF)

akta.pro secondary industries

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG)

Keywords

• Affordable housing finance
• LIHTC syndication
• Housing asset management
• Supportive housing development
• Workforce housing preservation

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Others

Core offering

National Affordable Housing Trust (NAHT) is a nonprofit LIHTC syndicator that acquires, develops, and preserves residential properties serving low-income populations. It manages a portfolio of properties and funds across specialty areas including supportive housing, veterans housing, workforce housing, and LIHTC-based projects, and provides asset management and financial advisory services to its development and investor partners.

Product overview

National Affordable Housing Trust (NAHT) operates as an affordable housing fund manager that acquires, develops, and preserves residential properties serving low-income populations. As of May 15, 2026, NAHT's properties and fund management portfolio was acquired by National Equity Fund (NEF). The organization focuses on leveraging housing tax credits and partnerships with developers to deliver affordable housing across multiple specialty areas including supportive housing, veterans housing, and workforce housing.

Differentiator

Problem solved

Functional benefit

Products and services

• Fund Management Portfolio

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• OfstedcoreStrategic or Co-development Partner · 6 February 2026NAHT has entered into an agreement with Ofsted to monitor the impact of the new school inspection system on headteachers' mental health. This collaboration addresses criticisms following the death of headteacher Ruth Perry, whose school was downgraded by Ofsted. The partnership aims to assess how the updated report card system affects wellbeing of school leaders.

Recent moves4 records

Expansion highlights2 records

Direct peers

• National Equity Fund: National Equity Fund is the most direct peer: a major nonprofit LIHTC syndicator and asset manager that acquired NAHT's portfolio in May 2026, operating in the same LIHTC, supportive, veterans, and workforce housing segments.
• Enterprise Community Partners: Enterprise is one of the largest national LIHTC syndicators and affordable housing developers, with comparable activity across supportive, workforce, and preservation housing — directly competitive with NAHT's fund-management profile.
• Raza Development Fund: RDF is a nonprofit LIHTC syndicator and CDFI focused on affordable housing in underserved communities, mirroring NAHT's nonprofit syndicating model and investor base.
• Local Initiatives Support Corporation (LISC): LISC is a major CDFI that syndicates LIHTC equity, finances affordable housing developers, and provides supportive housing capital — overlapping directly with NAHT's syndication and advisory activities.
• Capital Impact Partners: Capital Impact Partners is a nonprofit CDFI providing LIHTC syndication, predevelopment loans, and asset management for affordable and supportive housing, comparable to NAHT's integrated offering.
• Low Income Investment Fund (LIIF): LIIF is a CDFI that finances supportive and affordable housing through tax-credit equity and lending, with a product mix closely aligned to NAHT's specialty housing focus.

Broad incumbents

• Housing Partnership Network: HPN is a national nonprofit collaborative of affordable housing developers and financiers, providing shared LIHTC syndication, risk management, and investor access — overlapping NAHT's role as a syndication intermediary.
• Mercy Housing: Mercy Housing is a large nonprofit owner/operator of affordable, supportive, and senior housing, frequently using LIHTC and overlapping with NAHT's affordable and supportive housing investor/asset-management role.
• JPMorgan Chase Affordable Housing Preservation Group: JPMorgan's Affordable Housing Preservation unit is a large for-profit LIHTC and preservation equity provider that competes for institutional investors and fund-management mandates overlapping with NAHT's preservation/LIHTC work.

Emerging players

• Corporation for Supportive Housing (CSH): CSH provides capital (including LIHTC-related syndications), technical assistance, and advocacy specifically for supportive housing — directly overlapping NAHT's supportive housing niche.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/national-equity-fund
• Xx.com/NAHTorg

Revenue estimate

Valuation estimate

Number of profiles

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 NAHT