Spokane Housing Ventures Inc

What Spokane Housing Ventures Inc does

Spokane Housing Ventures Inc is a private, non-profit community housing development organization founded in 1992 and headquartered in Spokane, Washington, in the United States. Its corporate identity as a community housing development organization (CHDO-style entity) implies a mission focused on developing, owning, and/or operating affordable and workforce housing for low- and moderate-income households in the Spokane market, typically financed through layered public-private capital structures such as Low-Income Housing Tax Credit (LIHTC) equity, HOME and CDBG funds, state housing trust allocations, conventional debt, and philanthropic contributions. The organization's website at spokanehousingventures.org is its primary stated public presence, and its legal form (private non-profit) indicates it is not investor-owned and is governed by a board rather than shareholders.

The source material provides no further operational detail on Spokane Housing Ventures Inc — no portfolio size, no unit count, no development pipeline, no staff count, no board roster, no leadership team, no program breakdown, no geographic service area beyond the city of Spokane, no financial filings, and no list of public or private partners. The dedicated data blocks for the company (revenue, contacts, management, investments, M&A, restructuring, regulatory actions, parent/subsidiary, history, and operating geographies) are uniformly empty, and the system notes attached to several of these blocks explicitly state that the supporting source content pertains to 5Gringos Casino, an unrelated online casino platform. As a result, this description is limited to what the firmographics record and standard sector context can support, and does not extend to portfolio composition, capitalization, deal flow, or operating performance — all of which would be required for a substantive investment-grade profile.

Name

Spokane Housing Ventures Inc

Website

https://spokanehousingventures.org

Company type

Private

Founded year

1992

Headcount range

11–50 employees

Short description

Spokane Housing Ventures Inc is a private, non-profit community housing development organization founded in 1992 and headquartered in Spokane, Washington, focused on affordable and community housing in the local market.

Ownership category

akta.pro rank

Product category

Affordable Housing Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), Other Community Housing Services (624229), Lessors of Residential Buildings and Dwellings (53111)

SIC

Operative Builders (1531), Non-Operating Establishments (9995), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

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

Keywords

• Affordable housing development
• Community housing nonprofit
• Low-income housing
• Housing development services
• Rental housing management

Headquarters

HQ city

Spokane

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure

Revenue model

1. House Edge (Game Margin): Primary revenue generated from the mathematical house edge built into all casino games including pokies, table games, live dealer games, and crash games. The platform aggregates wagers from thousands of players across 4,000+ titles.
2. Transaction Fees: Revenue from payment processing on deposits and withdrawals across 42+ payment methods including cards, e-wallets, bank transfers, and cryptocurrency. Different withdrawal times (instant to 5 business days) may have varying fee structures.
3. Bonus-Related Revenue: Wagering requirements on bonuses ensure players generate sufficient game activity before withdrawal. Multi-tier welcome bonus system (5 deposits) with 35-40x wagering requirements drives engagement and house edge accumulation.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Spokane Housing Ventures Inc develops, owns, and operates affordable community housing in the Spokane, Washington region. It is a non-profit housing development organization (founded 1992) that addresses local housing needs through development of affordable rental and ownership housing for low- and moderate-income households.

Product overview

5Gringos Casino is a single online casino platform offering a comprehensive portfolio of casino gaming products and services. The core offering is the casino platform itself featuring 4,000-6,000+ games including pokies (online slots), table games (blackjack, roulette, baccarat, poker), live dealer games, crash games, jackpots, video poker, and scratch cards. The platform integrates multiple software providers (NetEnt, Microgaming, Pragmatic Play, Evolution, Betsoft, Yggdrasil, Quickspin, Red Tiger, iSoftBet, Endorphina, Big Time Gaming, Hacksaw, Push Gaming, GameArt) and supports various payment integrations (Visa, Mastercard, Neteller, Skrill, bank transfer, cryptocurrency). Additional modules include a five-tier welcome bonus package system, weekly reload bonuses, cashback offers, and an avatar-based loyalty program with gold/silver/bronze tiers. The platform operates via mobile browser without a downloadable application.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Housing Development Development of affordable rental and ownership housing units for low- and moderate-income households in the Spokane, Washington region, financed in part through public-sector affordable housing programs and grants.
• Affordable Housing Property Management and Stewardship Long-term ownership and management of affordable housing units developed by the organization, providing stable, below-market housing for qualifying households.

Quantifiable outcome

• Support response time under 60 seconds via live chat
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• NetEntcoreTechnology or IntegrationLeading game provider specializing in video slots and table games. Licensed by MGA and UKGC. Provides certified fair-play gaming content to the 5Gringos platform.
• MicrogamingcoreTechnology or IntegrationPremier software provider known for progressive jackpots. Licensed by Isle of Man and UKGC. Supplies certified casino content including progressive jackpot networks.
• Pragmatic PlaycoreTechnology or IntegrationMulti-content provider delivering live casino and slots. Licensed in MGA and Romania. Offers diverse gaming portfolio for 5Gringos platform.
• Evolution GamingcoreTechnology or IntegrationLeading live dealer game provider. Licensed in Malta, Alderney, and UKGC. Powers real-time dealer tables on the 5Gringos platform.
• Play'n GOcoreTechnology or IntegrationFeature-rich slot provider licensed by MGA and Denmark. Certified content on 5Gringos platform.
• Visa/MastercardcoreTechnology or IntegrationCredit/debit card payment processing. Instant deposits, 1-3 business day withdrawals.
• NetellercoreTechnology or IntegrationE-wallet payment provider. Instant deposits with withdrawals within 24 hours.
• SkrillcoreTechnology or IntegrationE-wallet payment provider. Instant deposits with withdrawals within 24 hours.
• Spinstralia CasinominorGTM or Marketing PartnerSister casino brand for cross-promotional purposes. Offers competing welcome bonus of 150% up to $1000 + 190 Free Spins to shared player base.
• Gambling TherapyminorOthersInternational responsible gaming support organization. 5Gringos cooperates with this organization to provide player support resources.

Scale indicators4 records

Direct peers

• Spokane Low Income Housing Consortium (SLIHC): Spokane-area coalition and affordable housing service organization supporting CHDOs and affordable housing development in the same geography — comparable mission and tenant base.
• Beacon Development Group: Pacific Northwest affordable housing and community development consultant/developer supporting LIHTC and HUD-funded projects — comparable product focus on affordable housing development, though operates more as a consulting/development partner than a CHD operator.
• Habitat for Humanity Spokane: Local non-profit affordable and workforce housing developer in Spokane — directly comparable mission, geography, and product (single-family affordable ownership and repair programs).
• Catholic Charities Housing Services (Spokane): Faith-based non-profit operating affordable housing and supportive housing programs in Spokane — comparable mission, product type (rental affordable and supportive housing), and service area.

Broad incumbents

• Mercy Housing Northwest: Large national non-profit affordable housing developer/operator with active presence in the Pacific Northwest — directly comparable product (multifamily LIHTC developments) and mission, but at significantly greater scale and broader geography.
• Enterprise Community Partners: National non-profit affordable housing developer, investor, and policy advocate — broadly comparable mission and LIHTC-driven development model, but operates at national scale with investment arm and consulting services.
• BRIDGE Housing: West Coast non-profit affordable housing developer/manager with a portfolio of LIHTC and regulated affordable properties — comparable mission and product, larger scale, and a relevant comparable for how a regional CHDO can scale over decades.

Others

• Washington State Department of Commerce — Housing Division: State-level public housing finance and policy agency that administers LIHTC and state housing trust fund allocations — not a peer in the operational sense, but a key funding counterpart and ecosystem participant for any Spokane CHDO.

Market position

Strengths3 records

Weaknesses3 records

Key risks4 records

Key highlights4 records

Customer concentration

Compliance4 records

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 Spokane Housing Ventures Inc