What Greccio Housing does

Greccio Housing, legally Housing Unlimited, Inc., is a 501(c)(3) nonprofit community housing development organization founded in 1990 by Claudia Deats-Rodgers in Colorado Springs, Colorado. The organization owns, operates, and manages affordable rental housing for households earning 80% or less of Area Median Income, with units priced at 30-60% AMI across 29 properties totaling 844 apartments in El Paso and Teller Counties. Rents range from approximately $1,002 to $1,691 per month, with tenant housing costs capped at roughly one-third of household income. Greccio also runs the Resident Resource Center, an integrated service program providing eviction prevention (87.5% success rate on 41 enrolled households), food security through Care and Share and Food to Power partnerships, financial literacy, the GRACE career-education program, and community events.

The operating model combines three revenue streams: recurring rental income from owned/managed units, foundation and government grants (at least $300,000 annually across Anschutz Foundation, CHFA, City of Colorado Springs CDBG, Colorado Springs Utilities Focus Fund, Wells Fargo, and others), and individual/corporate donations ($150,000+ annually) processed via Colorado Gives. A wholly-owned subsidiary, Greccio Commercial Real Estate Services, LLC, provides third-party property management and commercial brokerage for both nonprofit and for-profit affordable housing owners, creating a B2B revenue channel outside direct operations. The GPR Properties joint venture with Partners in Housing and Rocky Mountain Community Land Trust — operational since 1999 — structures multi-organizational developments including the Bentley Commons expansion (24 to 192 units) and is the model for forthcoming projects.

Greccio's technology footprint is minimal: a Wix-hosted website, the third-party RentCafe platform for resident payments and maintenance requests, and standard property management tooling. Distribution is direct-to-tenant via waitlist management, a centralized leasing line (719-475-1422), and a 20+ partner referral network. Notable awards include the Housing Colorado Eagle Award and the 2023 Apartment Association of Southern Colorado Owner/Operator of the Year Award (the first affordable housing nonprofit to receive it). Leadership comprises Executive Director Lee Patke, Founder Claudia Deats-Rodgers (retired 2003), Sr. Director of Operations/Managing Broker Brian Baker, and Section 504 Coordinator Harlan Hobson, with a Board of Directors governing the organization.

Name

Greccio Housing

Legal name

Housing Unlimited, Inc.

Website

https://greccio.org

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

Greccio Housing is a Colorado Springs-based 501(c)(3) nonprofit that owns and manages 844 affordable rental units across 29 properties for low-income individuals, families, and seniors earning ≤80% of Area Median Income, while delivering integrated resident support and third-party property management via Greccio Commercial.

Ownership category

akta.pro rank

Product category

Affordable Housing

NAICS

Lessors of Real Estate (5311), Other Community Housing Services (624229)

SIC

Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

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

akta.pro secondary industries

General Assisted Living Facilities (HLADABAA), Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA)

Keywords

• Affordable housing services
• Community housing development
• Resident support programs
• Eviction prevention assistance
• Affordable property management

Headquarters

HQ city

Colorado Springs

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Rental Income: Monthly rental payments from residents in affordable housing units across 28+ properties. Rent is set based on income levels (typically 30-60% of Area Median Income) ensuring affordability for low-income households.
2. Foundation and Government Grants: Greccio Housing receives $300,000+ annually in foundation and government grants including support from Anschutz Foundation, CHFA, City of Colorado Springs (CDBG), Colorado Springs Utilities Focus Fund, Insofar Foundation, and others.
3. Individual and Corporate Donations: Over $150,000 annually in financial donations from private individuals, corporate donors, and local churches. Also participates in Colorado Gives Day and Enterprise Zone tax credit donations.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Greccio Housing provides affordable rental housing across 28+ multifamily properties in Colorado Springs and Teller County to households earning 80% or less of Area Median Income, with rent capped at approximately one-third of resident income. It layers these housing units with a Resident Resource Center offering supportive services including eviction prevention, food security, financial literacy, and career advancement assistance, and a third-party property management arm (Greccio Commercial) that serves other affordable housing owners.

Product overview

Greccio Housing is a nonprofit community housing development organization providing affordable housing and supportive services across Colorado Springs and Teller County. The company operates a portfolio of 25+ multi-family properties including Arcadia, Alexander Court, The Atrium, Bentley Commons, Bijou, Citadel Arms, Cedars, Clark Mellen, Colorado West, East Hills, Enfield, Hybrook Townhomes, Kittyhawk, Moreno, North Weber, Pines, Plaza on Platte, The Ridge, Rocky Mountain, Santa Fe, Sunrise at Shiloh Mesa, Uintah Park, Uintah Terrace, Valley View Place, and Woodbine. The core offerings consist of the Affordable Housing Program providing rental units at below-market rates, and the Resident Resource Center delivering supportive services including eviction prevention, food security, educational programs, and family enrichment. A subsidiary, Greccio Commercial Real Estate Services, provides third-party property management for affordable housing owners, while the GPR Properties joint venture with Partners in Housing and Rocky Mountain Community Land Trust focuses on property development and expansion projects.

Differentiator

Problem solved

Functional benefit

Brands

• Greccio Commercial: Third-party full-service property management for not-for-profit and for-profit owners of affordable apartments, plus commercial real estate brokerage services
• GPR Properties
• GRACE
• Resident Resource Center

Products and services

• Affordable Housing Program Core rental housing service providing stable, safe, affordable apartments across 28+ properties in Colorado Springs and Teller County to households earning 80% or less of Area Median Income, with rent capped at approximately one-third of income and a waitlist of 544 households.
• Resident Resource Center Supportive services hub offering eviction prevention, utility assistance, food security resources, family enrichment programs, educational and vocational opportunities, and capacity-building support to help Greccio residents achieve self-sufficiency.
• Eviction Prevention Program Targeted program providing emergency financial assistance of up to three months plus intensive case management to keep families stably housed during life-changing crises; has sustained an 87.5% success rate and saved 30+ families from homelessness since launch.
• Greccio Commercial Real Estate Services Third-party full-service property management arm that manages affordable apartment communities for both not-for-profit and for-profit owners, with optional access to Resident Resources support for managed properties.
• The Atrium at Austin Bluffs Affordable senior housing community of 54 units in Colorado Springs serving residents aged 62 and older, providing age-restricted affordable apartments integrated with the Resident Resource Center services.
• Bentley Commons Affordable Housing Community Mixed-income affordable housing community in southeast Colorado Springs expanded to 192 units and operated by GPR Properties (a Greccio, Partners in Housing, and Rocky Mountain Community Land Trust joint venture), offering transitional housing, affordable rentals, and access to affordable homeownership pathways.

Quantifiable outcome

• 87.5% of enrolled households maintained housing stability through Eviction Prevention program (35 of 41 households successful)
• +3 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

18 partnerships are on record, tiered core and minor.

• Center for Strategic MinistrycoreStrategic or Co-development Partner · 1 January 2021Land donor for Sunrise at Shiloh Mesa senior housing development. Partnership made possible through land donation enabling the affordable housing project in northeast Colorado Springs.
• Woodmen Valley ChapelcoreStrategic or Co-development Partner · 1 January 2021Service collaboration agreement partner for Sunrise at Shiloh Mesa development. Provides volunteer support through Woodmen Heights volunteers for the senior housing community.
• Partners in HousingcoreStrategic or Co-development Partner · 1 January 1999Long-standing partnership since 1999 for providing housing stability for people with low incomes. Jointly operates Bentley Commons through GPR Properties entity, providing transitional housing, affordable rentals, and homeownership opportunities in southeast Colorado Springs.
• Rocky Mountain Community Land Trust (RMCLT)coreStrategic or Co-development Partner · 1 January 1999Partnership since 1999 through GPR Properties for Bentley Commons development. Rocky Mountain Community Land Trust provides affordable homeownership opportunities alongside rental housing.
• GPR PropertiescoreStrategic or Co-development PartnerJoint entity comprised of Greccio Housing, Partners in Housing, and Rocky Mountain Community Land Trust for development projects including Bentley Commons expansion from 24 to 192 units.
• Care and SharecoreOthersWeekly no-cost food pantry at Plaza on Platte and monthly Mobile Markets at The Atrium. Major food security partner providing supplies for residents.
• Food to PowercoreOthersFood security partnership supporting no-cost grocery program for residents. Part of comprehensive food security resources.
• Cooking MattersminorOthersEducational partnership providing cooking classes for residents including chopping skills, meal preparation, and nutrition education at various properties.
• The Pet Cross, Inc.minorOthersMobile vet clinic providing vaccines, check-ups, and general care for cats and dogs of Greccio residents every six months. Serves pets of low-income, homeless, or senior residents.
• Westside CaresminorOthersLocal service agency providing housing referrals for individuals experiencing homelessness, including veterans and those in recovery programs.
• Lions Club of Colorado SpringsminorOthersPartnership for Adopt A Family Christmas gifts program, providing holiday support for 60+ Greccio families annually.
• Pikes Peak KiwanisminorOthersThanksgiving basket program partner, providing holiday food assistance for 50+ families each year.
• Pikes Peak Library DistrictminorOthersProvides books for Grab and Go Libraries at each property, supporting children's literacy and in-home reading programs.
• Community Partnership of Teller CountyminorOthersPartnership for Hybrook Townhomes residents in Teller County, connecting them to local resources and services.
• Palace ConstructionminorImplementation/ SI/ Consulting PartnerConstruction and development consultant for Bentley Commons and Sunrise at Shiloh Mesa projects, providing construction management and drone footage updates.
• Medici Consulting GroupminorImplementation/ SI/ Consulting PartnerDevelopment consultant for Bentley Commons project, providing project management and development expertise.
• Alliance Construction SolutionsminorImplementation/ SI/ Consulting PartnerGeneral contractor for Sunrise at Shiloh Mesa development, broke ground in 2025 and began construction.
• Rocky Mountain PBSminorGTM or Marketing PartnerFeatured Greccio Housing in Colorado Voices Series, providing media exposure and awareness through documentary-style storytelling about founder Claudia Deats-Rodgers.

Scale indicators12 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Rocky Mountain Community Land Trust: Colorado Springs-based community land trust providing permanently affordable homeownership and rental housing. GPR Properties joint venture partner with Greccio since 1999; offers an overlapping affordable housing delivery model in the same market.
• Volunteers of America Colorado: Colorado branch of a national nonprofit providing affordable housing and supportive services for low-income, homeless, and at-risk populations including seniors and families. Operates affordable housing in Colorado alongside wraparound services, comparable to Greccio's integrated model.
• Partners in Housing: Colorado Springs-based nonprofit providing affordable housing and supportive services to low-income residents. Long-standing GPR Properties joint venture partner with Greccio Housing since 1999, making it both a collaborator and direct operational peer in the same geography.
• Pikes Peak Housing Authority: Public housing authority serving Colorado Springs and El Paso County. Operates subsidized housing programs and vouchers in the same market as Greccio, representing a direct peer in affordable housing delivery though with a government rather than nonprofit structure.
• Habitat for Humanity of Colorado Springs: Local Habitat for Humanity affiliate building affordable housing in the Colorado Springs region. Operates a parallel affordable housing delivery model targeting low-income families in the same geography as Greccio.

Broad incumbents

• Enterprise Community Partners: National nonprofit that develops and operates affordable housing across the U.S. Operates a comparable LIHTC-financed affordable housing model with supportive services; though much larger and more diversified than Greccio's single-market focus.
• Mercy Housing: One of the largest U.S. nonprofit affordable housing developers/operators with a national portfolio. Comparable operating model combining affordable housing with resident services, though operating at much larger scale across multiple states.

Emerging players

• Catholic Charities of Central Colorado: Regional faith-based nonprofit providing housing and supportive services for low-income populations in central Colorado. Operates housing assistance and stabilization programs that partially overlap with Greccio's Resident Resource Center model.
• Family Promise of Colorado Springs: Local affiliate of a national nonprofit addressing family homelessness through shelter, transitional housing, and stabilization services. Operates in the same Colorado Springs market with overlapping client population but more focused on emergency/transitional housing than permanent affordable rental.

Regional players

• Ithaka Housing: Colorado Springs-based affordable housing nonprofit. Local peer addressing similar affordable housing needs in the same geography; Greccio's Sr. Director of Operations Brian Baker also serves on Ithaka's Board, indicating direct industry ties.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/grecciohousing
• YouTubeyoutube.com/@grecciohousing7807
• Facebookfacebook.com/grecciohousing
• LinkedInlinkedin.com/company/greccio-housing-opportunity
• Instagraminstagram.com/grecciohousing

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Greccio Housing