NeighborWorks Great Falls

What NeighborWorks Great Falls does

NeighborWorks Great Falls (NWGF) is a 501(c)(3) nonprofit community development corporation founded in 1980 in Great Falls, Montana, that delivers a vertically integrated affordable housing platform spanning education, lending, construction, and property management. Its core operating segments are (i) homeownership pathways - Homebuyer Education classes ($50 in-person / $100 online), Mutual Self-Help Owner Built Homes, and the High School House program built in partnership with Great Falls Public Schools since 1997 - and (ii) financial products, including HOME Deferred Second Mortgages ($2.5K-$50K), HOME Amortizing Second Mortgages (up to $25K), 20+ Community Second Program (up to 20%), HomeStretch DPA (up to 30% of purchase price), IDA Matched Savings (3:1 up to $4K), Debt & Credit Assistance Loans ($500-$10K), and Home Improvement Loans. The organization also operates counseling (financial, foreclosure prevention, reverse mortgage, rental) and a rental portfolio of 149+ units across properties including Rockcress Commons (124+ units), Baatz Block Apartments (25 units, completed 2025), First Avenue Estates, Golden Valley senior housing, and others.

The revenue model blends philanthropic, programmatic, and investment-style income: an annual fund campaign ($182K goal), an endowment campaign ($2.5M target with Montana Endowment Tax Credit), institutional donations (Wells Fargo $200K, D.A. Davidson $100K+), state and federal appropriations (HOME, USDA Rural Development, Montana Board of Housing, HB819 HomeStretch - $5.23M allocated to NWGF area), interest income from amortizing second mortgages and debt/credit loans, and rental income from the owned property portfolio. Go-to-market is community-led: referrals from a 25+ preferred partner network of realtors, lenders, title and insurance firms, supplemented by monthly in-person/hybrid education classes, social media (Facebook, Instagram, LinkedIn, YouTube), and earned media from high-visibility events.

The technology stack is non-proprietary - WordPress CMS, third-party loan servicing (The Mortgage Office), mpactpro intake, Stripe payments, QGIV donations - with no public API, SDK, or AI capabilities disclosed. The organization employs 22 staff across executive, financial, lending, construction, real estate development, homeownership, and community engagement functions, and reports cumulative social impact metrics of 4,000+ first-time homebuyers helped, 48 High School Houses, 185 Owner-Built Homes, 500+ blighted properties remediated, and $65M added to the Great Falls tax base since 1980.

Name

NeighborWorks Great Falls

Legal name

NeighborWorks Great Falls

Website

https://nwgf.org

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

NeighborWorks Great Falls is a 501(c)(3) nonprofit founded in 1980 in Great Falls, Montana that delivers affordable homeownership and rental housing through education classes, down payment assistance loans, Mutual Self-Help construction, and the High School House program, serving first-time buyers, renters, seniors, and housing-insecure individuals across 22 Montana counties.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Other Community Housing Services (624229), Residential Building Construction (23611), New Multifamily Housing Construction (except For-Sale Builders) (236116), New Housing For-Sale Builders (236117)

SIC

Services-Social Services (8300), Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

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

akta.pro secondary industries

Community Development & Neighborhood Revitalization Housing Programs (FSALAKAO), Housing Counseling, Foreclosure Prevention & Loss Mitigation Programs (FSALAKAM), Community Centers & Neighborhood Support Services (BPAGAEAL)

Keywords

• Affordable housing services
• Homeownership education
• Down payment assistance
• Nonprofit housing development
• Financial counseling

Headquarters

HQ city

Great Falls

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Donations and Annual Fund: Individual and corporate donations supporting community programs including blight removal, High School House program, Owner Built Homes, financial coaching, and homebuyer education. Annual fund drive goal of $182,000 with various giving levels.
2. Down Payment Assistance Loans: NWGF provides various loan products including HOME Deferred Second Mortgages ($2,500-$50,000), Amortized Second Loans (up to $25,000), 20+ Community Second Program (up to 20% of financing), and HomeStretch (up to 30% of purchase price). Interest and fees on loan products generate revenue.
3. Financial Assistance Programs: Debt & Credit Assistance Loan ($500-$10,000) provided to future homebuyers with interest-based repayment. Home Improvement Loans for existing homeowners.
4. Endowment: Endowment campaign goal of $2.5 million creating sustainable income stream. Endowment qualifies for Montana Endowment Tax Credit (40% for individuals, 20% for businesses up to $15,000/year).

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

NeighborWorks Great Falls is a nonprofit community housing organization that provides affordable homeownership and rental housing services in Great Falls, Montana. It delivers Homebuyer Education classes, down payment assistance loans (including HOME Deferred Second Mortgages, HOME Amortizing Second Mortgages, 20+ Community Second Program, and HomeStretch), the Mutual Self-Help Owner Built Homes program, the High School House construction program with Great Falls Public Schools, free financial counseling, foreclosure prevention, reverse mortgage counseling, and operates a portfolio of affordable rental properties.

Product overview

NeighborWorks Great Falls is a nonprofit affordable housing organization offering a comprehensive portfolio of housing-related programs and services. The core offerings include homeownership education (Homebuyer Education classes), housing development programs (Owner Built Homes, High School House Program), and affordable rental properties. Financial products include down payment assistance loans (HOME Deferred Second Mortgages, HOME Amortizing Second Mortgages, 20+ Community Second Program, HomeStretch), matched savings programs, debt/credit assistance loans, and home improvement loans. Support services include financial counseling, foreclosure prevention counseling, reverse mortgage counseling, rental counseling, and post-purchase workshops. These programs work together to guide families from rental support through homeownership education to mortgage financing and long-term success as homeowners.

Differentiator

Problem solved

Functional benefit

Products and services

• Homebuyer Education Class Monthly in-person ($50/household) or online ($100/household) course taught by local realtors, lenders, inspectors, and financial professionals preparing hopeful first-time homebuyers for homeownership. Includes a certificate valid for 3 years required to access NWGF down payment assistance.
• Owner Built Homes USDA Rural Development Mutual Self-Help Housing program in which groups of 10 families work together to build each other's homes over 12-16 months, contributing 30+ hours/week of sweat equity in exchange for immediate home equity. 185 homes completed.
• High School House Program Partnership program with Great Falls Public Schools in which high school students gain construction trade skills and apprenticeship hours while building affordable homes sold to first-time homebuyers. NWGF supplies lots, arranges subcontractors, and finances construction.
• Rental Properties

Quantifiable outcome

• 4,000+ first-time home buyers helped since 1980
• +6 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core, primary and minor.

• HomewordcoreStrategic or Co-development Partner · 1 September 2023Partnership on Baatz Block Apartments - first permanent supportive housing in Great Falls. Homeword, based in Missoula, is a nonprofit developer that co-developed the 25-unit historic renovation with NWGF.
• Great Falls Public SchoolscoreStrategic or Co-development Partner · 1 January 1997Longstanding partnership since 1997 on High School House Program. GFPS provides construction course and student labor while NWGF supplies lots, arranges subcontractors, finances construction, and works with homebuyers. Students gain real-world construction experience and apprenticeship hours.
• Home Builders Association of Great FallscoreStrategic or Co-development PartnerCo-creator of Rock the Trades initiative to support High School House program. Organizes concert fundraising events. Awards $500 scholarships to Builder of the Year winners. Members serve as subcontractors on construction projects.
• Stockman BankprimaryChannel Partner/ Reseller/ DistributorPreferred lender partner with multiple loan officers (Everette Cornwell, Casey Moen, Leslie Sturdivant, Keith Denton) trained on NWGF programs. Provides mortgage financing alongside NWGF down payment assistance.
• Opportunity Bank of MontanaprimaryChannel Partner/ Reseller/ DistributorPreferred lender partner with Mike Banks and Doug Spence. Mike Banks named NWGF Lender of the Year. Provides mortgage financing alongside NWGF programs.
• Montana Credit UnionprimaryChannel Partner/ Reseller/ DistributorPreferred lender partner with Lindsay Lee and Darcy Haldane. Credit union providing mortgage financing for NWGF homebuyers.
• Bravera BankprimaryChannel Partner/ Reseller/ DistributorPreferred lender partner with Christine Leach and Amber Gerber. Provides mortgage financing for NWGF program participants.
• Boy Scout Troop 1014minorStrategic or Co-development PartnerVolunteers to hang Christmas lights at Broadwater Overlook Park Memorial Christmas Tree Lighting event annually.
• NorthWestern EnergyminorStrategic or Co-development PartnerAssists with hanging Christmas lights for community beautification event at Broadwater Overlook Park.
• Community FrameworksminorStrategic or Co-development PartnerPartner organization supporting Owner Built Homes program with technical assistance and program support.
• RCAC (Rural Community Assistance Corporation)minorStrategic or Co-development PartnerPartner providing resources and support for rural community development and housing programs.
• Opportunities IncminorStrategic or Co-development PartnerCommunity partner involved in Baatz Block permanent supportive housing project. Executive Director Karla Seaman spoke at ribbon cutting ceremony.
• Many Rivers Whole HealthminorStrategic or Co-development PartnerPartner organization involved in Baatz Block development providing supportive services for permanent supportive housing residents.
• Downtown Great Falls AssociationminorStrategic or Co-development PartnerPartner on Great Walls Montana mural festival (formerly ArtsFEST). Executive Director Kellie Pierce leads walking mural tours during NeighborWorks Week.
• BSpark ArchitectureminorImplementation/ SI/ Consulting PartnerArchitecture firm that designed Baatz Block Apartments historic renovation project.

Scale indicators14 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• NeighborWorks America: National network that charters NeighborWorks Great Falls and the broader NeighborWorks system; comparable affordable housing, homebuyer education, and lending mission across 250+ affiliates nationwide.
• Habitat for Humanity International: National umbrella for the self-help affordable housing model Habitat affiliates (including Great Falls) operate; comparable mission, funding mix, and sweat-equity construction program at far greater scale.
• Enterprise Community Partners: Large national nonprofit developer and CDFI investing in affordable rental and for-sale housing, community development financial institutions, and housing counseling — overlapping mission and capital-stack model at much greater scale.
• Local Initiatives Support Corporation (LISC): National CDFI and community development intermediary that finances affordable housing, education, and small business programs; comparable funding/intermediary role with a similar mix of local program delivery and federal/corporate capital deployment.
• Mercy Housing: Large nonprofit affordable housing developer/owner operating across rural and urban markets with supportive services; comparable affordable rental, supportive housing, and resident services model with comparable federal funding profile.

Direct peers

• NeighborWorks Montana: Statewide network that coordinates NWGF with other Montana affiliates and administers shared funding channels; functions as both a parent/sibling network and a coordinating body for the HomeStretch and education programs NWGF delivers locally.
• Community Frameworks: Montana-based nonprofit housing organization and active NWGF partner supporting the Owner Built Homes program; runs comparable mutual self-help housing, homeownership education, and lending programs in adjacent regions.
• Homeword: Missoula-based nonprofit affordable housing developer that partnered with NWGF on the Baatz Block Apartments; comparable nonprofit CHDO model developing rental and supportive housing across Montana.
• Habitat for Humanity of Great Falls: Direct local peer running a parallel affordable-homeownership and self-help/sweat-equity construction model in the same Great Falls market; both organizations compete for the same low-income homebuyers, corporate donors, and volunteer labor pools.

Emerging players

• Rural Community Assistance Corporation (RCAC): Regional nonprofit providing technical assistance, lending, and capacity building for rural housing and community development across the western U.S.; active NWGF partner with overlapping rural affordable-housing mission.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCVr8Hajk0guyv2DnC-D0OIA
• Facebookfacebook.com/NeighborWorksGF
• LinkedInlinkedin.com/company/neighborworks-great-falls
• Instagraminstagram.com/neighborworksgf
• Xx.com/NeighborWorksGF

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 NeighborWorks Great Falls