The Toit Forézien

What The Toit Forézien does

Le Toit Forézien is a French cooperative social housing company (SCIC d'HLM) headquartered in Saint-Étienne, operating 2,966 social housing units across 28 communes in the Loire and Haute-Loire departments. Founded in 1952, the organization manages a rental housing portfolio serving low- and middle-income households, supported by 1,652 cooperative shareholders (sociétaires) and 62 employees. It has operated continuously for 75 years, establishing regional institutional presence in France's HLM sector.

The company's offering extends beyond regulated rental housing into a vertically integrated suite of housing services. Core revenue streams include social rental of the 2,966-unit portfolio, PSLA (Prêt Social de Location-Accession) property sales, and fee-based third-party rental management. Two sub-brands — Gestion et Transaction and Syndic Coopératif — extend the platform into real estate transactions and cooperative co-ownership syndicate administration. The active construction pipeline includes the La Rosalie project in Saint-Étienne (36 units, Q2 2026 delivery) and the Domaine des Aulnes project in Dunières (13 units, Q4 2024 delivery).

Le Toit Forézien operates within France's regulated HLM framework, which grants access to subsidized financing (1% logement, CDC loans) and tax exemptions in exchange for capped rents, tenant eligibility constraints, and tenant allocation requirements. The 2006 merger of SCP HLM UMCF and SA Le Toit Forézien into a unified SCIC d'HLM consolidated regional cooperative operations. The entity is a member of Habitat Réuni, the national federation of social housing cooperatives. The cooperative governance model — with sociétaires holding voting rights — distinguishes it from conventional SA HLM or OPH (Office Public de l'Habitat) operators by aligning capital structure with tenant and stakeholder representation, though this also constrains external capital raising.

Name

The Toit Forézien

Legal name

Le Toit Forézien

Website

https://toitforezien.fr

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

51–100 employees

Short description

Le Toit Forézien is a French cooperative social housing company (SCIC d'HLM) headquartered in Saint-Étienne, managing 2,966 rental units across 28 communes in Loire and Haute-Loire, and serving low- and middle-income households via rental, PSLA sales, and property management services.

Ownership category

akta.pro rank

NAICS

Residential Property Managers (531311), Lessors of Residential Buildings and Dwellings (53111), Rental and Leasing Services (532)

SIC

Real Estate Agents & Managers (For Others) (6531), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Cooperative (Co-op) Housing Association Management (BPAJAHAC)

akta.pro secondary industries

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Social housing rental
• Cooperative property management
• Affordable housing services
• Real estate transactions
• Condominium syndicate services

Headquarters

HQ city

Saint-Étienne

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Social housing rental: Rental income from a portfolio of 2,966 social housing units managed across 28 communes in Loire and Haute-Loire departments. Rent is paid by tenants with regulated pricing governed by French social housing law.
2. Property sales (accession à la propriété): Sale of residential properties to eligible buyers through PSLA (Prêt Locatif Social Accession) programs and open-market sales in new and existing stock. Includes coaching and support for first-time buyers (primo-accédants).
3. Property management services: Rental management services (confier ma gestion locative) offered to external property owners, including tenant selection, lease drafting, rent collection, and maintenance coordination.
4. Cooperative syndicate (Syndic coopératif): Cooperative building management services for co-ownership properties, offered as an alternative to traditional property management syndicates.
5. Real estate transaction services: Property sale services for existing owners looking to sell, including valuations, advertising, and personalized buyer accompaniment.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Le Toit Forézien operates as a cooperative social housing landlord managing 2,966 rental units across 28 communes in Loire and Haute-Loire, France. It sells residential properties to first-time buyers via subsidized PSLA programs and open-market transactions, and offers paid property management and cooperative syndicate services to external owners and co-ownerships. The organization is governed as a SCIC d'HLM with 1,652 cooperative shareholders and 62 employees supporting the full housing lifecycle.

Product overview

Le Toit Forézien is a Société Coopérative d'Intérêt Collectif (SCIC) d'HLM — a cooperative social housing organization operating across the Loire and Haute-Loire departments in France. Its product portfolio spans four interconnected service pillars: (1) social housing rental through 'Devenir locataire,' including dedicated student residences in Saint-Étienne; (2) pathways to homeownership ('Accès à la propriété') encompassing PSLA programs, new builds, and existing property purchases; (3) property management and real estate transaction services ('Faire gérer/vendre mon bien'); and (4) cooperative condominium management via the 'Syndic Coopératif.' Supporting these core services are digital tenant tools including the 'Mon espace locataire' portal and online rent payment, along with practical guides for both tenants and property buyers. The organization also operates a historical podcast series, 'Les Hauts de Terrenoire,' and develops residential construction projects such as La Rosalie in Saint-Étienne and Domaine des Aulnes in Dunières.

Differentiator

Problem solved

Functional benefit

Brands

• Le Toit Forézien Gestion et Transaction: Property management and real estate transaction services including rental management, property sales, and buyer accompaniment.
• Le Toit Forézien Syndic Coopératif

Products and services

• Social housing rental (Devenir locataire)
• Student residences in Saint-Étienne (Résidences étudiantes)
• Access to property ownership (Accès à la propriété)
• Rental property management (Confier ma gestion locative)
• Cooperative condominium management (Syndic Coopératif)
• Real estate transaction services (Gestion et Transaction)
• La Rosalie residential project (Saint-Étienne)
• Domaine des Aulnes residential project (Dunières)

Quantifiable outcome

• 2,966 social housing units managed across 28 communes as of 31 December 2024
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 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.

• Habitat RéunicoreStrategic or Co-development PartnerLe Toit Forézien is a member of Habitat Réuni, a network or grouping of social housing companies. Habitat Réuni is described as 'La force du logement social' (the strength of social housing), suggesting a national or regional federation of social landlords. As a member, Le Toit Forézien benefits from shared resources, best practices, and collective representation within the social housing sector.

Scale indicators5 records

Recent moves9 records

Expansion highlights4 records

Broad incumbents

• CDC Habitat: Caisse des Dépôts-owned national social housing operator with several hundred thousand units and a full lifecycle offering (rental, accession, management). Largest HLM incumbent and a benchmark for operating leverage.
• ICF Habitat: SNCF Group's national social housing subsidiary (~100,000 units) with full-service rental, ownership, and management operations. Overlaps Le Toit Forézien's offering but at much larger scale and broader geography.
• Vilogia: One of France's largest HLM operators (~80,000+ units) with a national footprint spanning rental, accession, and syndic. Larger and broader than Le Toit Forézien but offering the same core services.

Direct peers

• Le Foyer Rémois: Cooperative HLM based in Reims with a comparable SCIC-style multi-stakeholder structure and a portfolio of several thousand social housing units, providing rental, ownership pathways, and property management.
• SIA Habitat: Cooperative HLM operating in northern France with social rental, accession sociale, and syndic services — directly comparable product offering under a similar cooperative governance model.
• Pluralis: Rhône-Alpes-area cooperative HLM (SACICAP / SCIC structure) providing social rental, accession, and property management services across a multi-department territory — directly comparable geographic footprint and product mix.
• Maisons & Cités: Social housing operator in the former mining basin of Nord/Pas-de-Calais with a tenant-anchored cooperative-style governance and multi-thousand-unit portfolio; a structural analog in another French industrial region.
• Habitat 62/63: Pas-de-Calais HLM operating social rental, accession, and property management services in a single regional territory — same multi-service HLM model as Le Toit Forézien at comparable scale.
• Habitat Réuni: Federation of cooperative HLM operators of which Le Toit Forézien is a member. Other Habitat Réuni members operate comparable SCIC d'HLM rental and ownership models and frequently share resources, advocacy, and best practices.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 The Toit Forézien