Twin pines housing

Name

Twin pines housing

Legal name

Twin Pines Housing Trust

Website

https://tphtrust.org

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Services for the Elderly and Persons with Disabilities (624120), Rental and Leasing Services (532), Other Residential Care Facilities (623990)

SIC

Operators Of Apartment Buildings (6513), Services-Social Services (8300)

akta.pro primary industry

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

akta.pro secondary industries

Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB), Independent Living Community Development & Construction (Senior Housing Developers) (HLADAAAH)

Keywords

• Affordable housing development
• Property management services
• Homeownership assistance
• Supportive housing programs
• Low-income rental housing

Headquarters

HQ city

White River Junction

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Rental income: Twin Pines generates recurring rental income from 665 apartments across Vermont and New Hampshire. Rents are based on family size and household income, with units restricted to low-to-moderate income households. Properties offer onsite parking and 24-hour maintenance.
2. Homeownership program proceeds: Twin Pines sells affordably-priced homes and condominiums to qualifying buyers using down payment grants. When homeowners resell, they receive 25% of the home's appreciation while 75% is retained to maintain affordability for the next buyer, creating a perpetual affordability mechanism.
3. Grants and donations: Twin Pines receives grant funding from government agencies, charitable foundations (e.g., TD Charitable Foundation), and individual donors to fund development projects and resident services programs.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

Twin Pines Housing develops, owns, and manages 665 affordable rental apartments across Vermont and New Hampshire for low-to-moderate income individuals, families, seniors, and chronically homeless persons, supplemented by 24-hour maintenance and onsite parking. The organization also administers a homeownership program offering down payment grants of up to $80,000 (or 35% of purchase price) to qualifying buyers earning up to 120% of county median income, with resale restrictions that retain 75% of appreciation to maintain perpetual affordability. Twin Pines pairs housing with comprehensive resident supportive services including case management, food access, legal and medical resources, job training, and the Vermont SASH wellness program.

Product overview

Twin Pines Housing operates a comprehensive affordable housing platform consisting of rental housing management and a homeownership assistance program. The core rental portfolio includes 665 apartments across 28+ properties in Vermont and New Hampshire, ranging from general affordable housing to age-restricted senior housing and supportive housing for homeless populations. The homeownership program provides down payment grants to help low-to-moderate income buyers purchase homes, with grants of up to $80,000 in Vermont. Key property brands include Wentworth Community Housing (30 units), Wentworth Community Housing II (17 units), The Village at Crafts Hill (100 units), Gile Hill (76 units), Summer Park Residences (42 units), and Parkhurst Community Housing (18 supportive housing units). Current development projects include 747 Hartford Avenue (18 units), County Road Apartments (60 units), Long Meadow Commons, and expansion of homeownership units at Safford Commons.

Differentiator

Problem solved

Functional benefit

Products and services

• Rental Housing Portfolio Portfolio of 665 affordable apartments across Vermont and New Hampshire for individuals and families with low to moderate incomes. Properties offer onsite parking and 24-hour maintenance; most are near bus service and many have onsite laundry. Rents are based on family size and household income.
• Homeownership Program Down payment grant program helping qualifying families purchase homes or condos in the Upper Valley. Grants of up to $80,000 or 35% of purchase price (whichever is less) are available in Vermont for households earning up to 120% of county median income. When homeowners resell, they receive 25% of the home's appreciation while 75% is retained to maintain affordability for the next buyer.
• Resident Supportive Services Wraparound services paired with housing to keep residents housed and avoid eviction, including food access, legal and medical resources, job training, and utility discounts. Includes Vermont's Support and Services at Home Program (SASH) delivered by SASH Wellness Nurse and SASH Coordinator. Services include referrals to partner organizations such as Upper Valley Haven, Dartmouth-Hitchcock, WISE, SEVCA, Alice Peck Day Memorial Hospital, Tri-County Community Action, and Listen Community Services.
• Wentworth Community Housing 30-unit rental complex in White River Junction, VT with 1 and 2 bedroom apartments, co-developed with Evernorth.
• Wentworth Community Housing II

Quantifiable outcome

• At Parkhurst Community Housing, 9 of 18 original tenants remained housed after 3.5 years; 7 of those who left moved to other permanent housing; only 1 tenant returned to shelter; 15 of 17 eligible residents receive services from the Haven
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered minor and core.

• Downstreet Housing & Community DevelopmentminorStrategic or Co-development Partner · 1 March 2022Downstreet Housing & Community Development collaborates with Twin Pines on the TD Charitable Foundation Housing for Everyone grant. Twin Pines will support Downstreet in developing its resident services program over 18 months, sharing operational expertise and program model.
• Upper Valley HavencoreStrategic or Co-development PartnerTwin Pines and the Upper Valley Haven are long-standing strategic partners co-developing permanent supportive housing. The Haven provides case management, mental health, employment coaching, life skills, and financial services to residents of Parkhurst Community Housing (18 units, Lebanon, NH) and the 747 Hartford Avenue project (18 units, White River Junction, VT). At Parkhurst, 15 of 17 eligible residents receive Haven services. The Haven also co-locates its shelter and administrative space with Twin Pines' housing at St. Paul's property.
• St. Paul's Episcopal Church (White River Junction, VT)coreStrategic or Co-development PartnerSt. Paul's Episcopal Church is donating a portion of its two-acre property adjacent to the Upper Valley Haven to Twin Pines for the 747 Hartford Avenue project. The church subdivides its land to enable Twin Pines to build 18 one-bedroom apartments while retaining its sanctuary and parish hall. Proceeds from the land sale support the church's energy efficiency upgrades.
• EvernorthcoreStrategic or Co-development PartnerEvernorth is Twin Pines' development partner for Wentworth Community Housing, a flagship multi-phase project in White River Junction, VT. Phase I delivered 30 units; Phase II added 17 units at Wentworth Way plus 4 units in Wilder, VT. Buildings were designed by gbA Architecture and constructed by Naylor and Breen builders, built to high-performance energy standards with no fossil fuels.
• Alice Peck Day Memorial HospitalminorOthersTwin Pines partners with Alice Peck Day Memorial Hospital as part of its resident services network, connecting residents to health care resources.
• Dartmouth-HitchcockminorOthersDartmouth-Hitchcock is listed among Twin Pines' resident services partners, providing health care access and wellness resources to residents.
• WISE of the Upper ValleyminorOthersWISE of the Upper Valley is a partner in Twin Pines' resident services network, providing domestic violence support and related services to residents.
• Southeastern Vermont Community Action (SEVCA)minorOthersSEVCA is listed among Twin Pines' resident services partners, connecting residents to community action programs and resources.
• Tri-County Community Action ProgramminorOthersTri-County Community Action Program is a partner in Twin Pines' resident services network, providing community support services to residents.
• Listen Community ServicesminorOthersListen Community Services partners with Twin Pines to provide services including food access to residents.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Champlain Housing Trust: Burlington, VT-based nonprofit affordable housing organization operating the Champlain Housing Trust, which pioneered the shared-equity resale-restriction model. Closest peer to Twin Pines' perpetual-affordability homeownership program, with comparable mixed rental and stewardship home portfolio in Vermont.
• Downstreet Housing & Community Development: Vermont-based nonprofit affordable housing developer and property manager serving central Vermont. Directly comparable as a peer-sized nonprofit CDC developing rental and homeownership housing for low-to-moderate income households, and the only co-grantee named alongside Twin Pines in the TD Charitable Foundation award.
• RuralEdge (formerly Lamoille Housing Partnership): Vermont-based nonprofit affordable housing developer serving Lamoille and surrounding counties. Comparable as a regional CDC managing rental housing, developing new construction, and administering homeownership programs for low-income Vermonters.
• Evernorth: Vermont-focused nonprofit affordable housing developer serving the Upper Valley region. Twin Pines' co-development partner on Wentworth Community Housing, with overlapping geography, similar resident populations, and comparable LIHTC-driven development model.
• Habitat for Humanity of the Upper Valley: Upper Valley affiliate of Habitat for Humanity providing affordable homeownership opportunities in the same geographic region as Twin Pines. Comparable as a nonprofit affordable homeownership developer operating in Twin Pines' core market with a similar low-income buyer focus.

Regional players

• Brattleboro Housing Authority: Brattlleboro, VT-based public housing authority providing affordable rental housing in southern Vermont. Comparable as an affordable housing operator serving low-income Vermonters, though structured as a public housing authority rather than a nonprofit developer.
• Lamoille Housing Partnership: Hyde Park, VT-based nonprofit affordable housing organization. Comparable regional Vermont CDC with a mixed rental portfolio and supportive housing services, though operating in a different region of the state than Twin Pines.

Emerging players

• COTS (Committee on Temporary Shelter): Burlington, VT-based nonprofit providing emergency shelter, transitional housing, and supportive services to people experiencing homelessness. Comparable as a Vermont nonprofit addressing housing instability, though focused on emergency/transitional rather than permanent affordable housing.

Broad incumbents

• NeighborWorks America (network): National network of affordable housing and community development nonprofits. Twin Pines operates within the broader NeighborWorks ecosystem of regional CDCs providing rental, homeownership, and resident services comparable to Twin Pines' integrated model.
• Housing Vermont: Statewide Vermont affordable housing nonprofit that finances and supports LIHTC developments across the state. Comparable as a broader-incumbent nonprofit in the same space, providing capital and policy support to developers like Twin Pines.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/HousingTwin
• YouTubeyoutube.com/@TwinPinesHousingTrust
• Facebookfacebook.com/TwinPinesHousingTrust
• Instagraminstagram.com/twinpineshousing
• LinkedInlinkedin.com/company/twin-pines-housing-trust

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

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 Twin pines housing