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Heritage Housing Partners

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uuid0028lyi

Namestring
Heritage Housing Partners
Legal namestring
Heritage Housing Partners Corporation
Websiteurl
hhpcorp.org
Company typeenum
Private
Founded yearint
1967
Descriptiontext

Heritage Housing Partners Corporation (HHPC) is a 501(c)(3) nonprofit affordable housing organization founded in 1967 in Columbia, Maryland. It develops, owns, and manages a portfolio of more than 200 rental housing units across Howard County, Baltimore City, Anne Arundel County, and Hereford County, comprising senior housing (Shalom Square, 50 units), barrier-free housing for physically disabled adults (St. Matthew House, 15 units), townhome properties (Oakland Place, 16 units), historic farmhouse units (Pue Fulton House), and an extensive group home program (Supported Living Inc., Residential Opportunities Inc., and affiliated entities totaling 25+ shared-living houses serving intellectually and developmentally disabled residents). HHPC also provides fee-based property management services to third-party nonprofit owners including CHAI HOPED, The Arc of Howard County, Compass, Howard County Historical Society, and the Baltimore Regional Housing Authority.

Revenue is generated through five streams: rental income from owned units (HUD Section 202/8 project-based vouchers and Section 811 PRAC subsidies), Low Income Housing Tax Credit equity (via Cinnaire), management fees for third-party-owned properties, county and state grants (CDBG, HOME, Howard County Housing and Community Development), and tax-deductible charitable donations. Pricing is income-based and regulated: for example, St. Matthew House units are priced at 30% of Baltimore Area Median Income (currently $25,700) with utilities included. The go-to-market motion is community-led — residents are reached through social service referrals, Howard County homelessness programs (McKinney I/II, Shelter+Care), and partnerships with Humanim, Catholic Charities, and Maryland Access Point, rather than through commercial sales channels.

The organization operates with a lean staff of 5 full-time, 3 part-time employees, and 1 consultant, governed by a volunteer Board of Directors. Executive Director Grace Morris has led the organization since 2008 and is retiring effective July 3, 2026, following nearly six decades of institutional continuity anchored in Howard County's original Rouse-era planning framework.

Short descriptiontext

Heritage Housing Partners is a Columbia, Maryland-based 501(c)(3) nonprofit founded in 1967 that owns and manages more than 200 affordable rental units across Howard County, Baltimore City, and surrounding counties, serving low-income seniors, physically and intellectually disabled adults, low-moderate-income families, and chronically homeless individuals through HUD-subsidized properties and fee-based property management for nonprofit owners.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersColumbia, United States
HQ citystring
Columbia
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
affordable housing services, nonprofit property management, senior housing facilities, accessible housing units, subsidized rental housing
Industry3 codes
1Affordable Housing & Community Development (Housing, Community Land Trusts)
CodeBPAGALACPrimaryYes
2Affordable Housing Property Management
CodeBPAJAGAJPrimaryNo
3Affordable/Subsidized Independent Living (HUD/LIHTC) Communities
CodeHLADAAABPrimaryNo
NAICS code2 codes
  • Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities6232
  • Other Residential Care Facilities623990
SIC code2 codes
  • Operators Of Apartment Buildings6513
  • Services-To Dwellings & Other Buildings7340
Product category
Affordable Housing Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model5 records
1Rental Housing Operations
TypeSubscription Recurring
Description

HHPC generates revenue through rental income from its owned portfolio of over 200 units of affordable housing, including apartments, townhomes, and single-family homes in Howard County and Baltimore City.

hhpcorp.org
2HUD Section 8 and Section 202/811 Subsidies
TypeSubscription Recurring
Description

Properties like Shalom Square and St. Matthew House receive project-based vouchers and PRAC funding through HUD programs, providing subsidy revenue tied to serving low-income, elderly, and disabled residents.

hhpcorp.org
3Low Income Housing Tax Credits (LIHTC)
TypeLicensing Royalties
Description

HHPC participates in the State of Maryland LIHTC program for property rehabilitation projects. Tax credit partners like Cinnaire provide financing through these programs.

hhpcorp.org
4Donations and Charitable Contributions
TypeAffiliate Referral
Description

As a 501(c)(3) nonprofit, HHPC accepts tax-deductible donations to support ongoing services and activities for elderly and disabled residents.

hhpcorp.org
5Property Management Services
TypeProfessional Services
Description

HHPC provides property management, leasing, rental support, accounting, and maintenance services for other nonprofit owners under management agreements.

hhpcorp.org
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Infrastructure, Marketing or Sales, Others
Pricing details1 tier
1Income-based rental housing for persons with physical disabilities
ModelSubscriptionBilling cadenceMonthly
Notes

St. Matthew House is income-based rental housing. Income limit is based upon the Baltimore AMI at 30% which is currently $25,700. All utilities and wi-fi are covered.

hhpcorp.org
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Heritage Housing Partners Corporation develops, owns, and operates a portfolio of more than 200 affordable rental housing units including apartments, townhomes, single-family homes, and group homes serving low-income seniors, persons with physical and developmental disabilities, low- and moderate-income families, and homeless individuals across Howard County, Baltimore City, and surrounding Maryland counties. In addition to owning and operating its own properties, the organization provides third-party property management, leasing, accounting, and maintenance services under management agreements with other nonprofit owners, and delivers administrative support for county homelessness programs.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Over 200 units of rental housing managed across Howard County, Baltimore City and surrounding counties
+2 more records
Product overview1 text field

Heritage Housing Partners Corporation is a nonprofit affordable housing organization offering a portfolio of housing properties and management services. Core offerings include owned properties: Shalom Square (50-unit senior housing in Columbia), St. Matthew House (15-unit physically disabled housing), Oakland Place (16-unit townhome community), and Shared Living Houses (25+ group homes for disabled individuals). Additionally, HHP provides property management services for other owners including CHAI HOPED (6 homes in Baltimore), Fort 700 (5 scattered sites), and homelessness programs. The organization serves seniors, disabled individuals, families, and those experiencing homelessness across Howard County, Baltimore City, and surrounding counties.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership15 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2023-01-01
Description

Service-provider partner for Howard County's McKinney I and II and Shelter+Care programs, deepening HHPC's direct engagement with county homelessness programs.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2020-01-01
Description

Management agreement to manage six independent living homes in Baltimore City for residents with mental health challenges. HHPC's first work outside Howard County.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2020-01-01
Description

Management agreement for Fort 700 - five scattered-site houses in Bel Air, Parkville, Nottingham, and Pasadena.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2019-01-01
Description

Partnership through Perpetual Revolving Fund where a fourth adjacent lot was sold to Habitat for Humanity as part of affordable home development in Lennox Park, Elkridge.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2018-01-01
Description

Property management agreement for Bridges Alliance Program providing full-service property management for up to 56 scattered-site homes throughout Howard County. Contract concluded in 2023.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2016-01-01
Description

Development partner and asset manager for Shalom Square LIHTC rehabilitation project.

Strategic tierCoreTypeOthersAnnounced on2016-01-01
Description

Lead construction company for Shalom Square rehabilitation project completed December 31, 2018.

Strategic tierCoreTypeOthersAnnounced on2016-01-01
Description

Architectural firm for Shalom Square rehabilitation. Received recognition alongside the project for design excellence.

Strategic tierCoreTypeOthersAnnounced on2016-01-01
Description

Legal team for Shalom Square LIHTC rehabilitation project.

10Howard County Association of Retarded Citizens (HCARC)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on1988-01-01
Description

Founding consortium partner in group home acquisition and property management program for physically and mentally challenged individuals. HCARC was one of the original agencies that formed Supported Living, Inc. (SLI) and Residential Opportunities, Inc. (ROI).

hhpcorp.org
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on1988-01-01
Description

Consortium partner that collaborated with HHPC to develop Progressive Housing Partners, Inc. (PHPI) in 2000, which purchased three SLI group homes. Continues as partner in Housing Partners governance structure.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on1988-01-01
Description

Long-standing consortium partner (formerly Developmental Services Group) that partnered with HHPC on Transitional Housing Resources, Inc. (THRI) in 1998, Access Homes, Inc. (AHI) in 2002, and BB Homes in 2010. Currently partner in Howard County homelessness programs serving over 50 clients.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on1988-01-01
Description

Founding consortium partner in the group home acquisition program for physically and mentally challenged individuals.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on1988-01-01
Description

Entity formed from consortium of agencies that owns 18 group homes. HHPC has provided management services and continues to maintain homes in the ARC portfolio.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on1988-01-01
Description

Entity formed from consortium that owns seven group homes financed through HUD 811 PRAC Program and Howard County Housing and Community Development.

Recent move14 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

National nonprofit affordable housing organization serving low-income families, seniors, and people with disabilities. Similar to HHPC in combining property ownership, management, and resident services with HUD/LIHTC financing.

2The NHP Foundation
TypeDirect peer
Description

National nonprofit that owns, develops, and manages affordable and mixed-income housing for families, seniors, and special needs populations. Highly comparable to HHPC in mission, resident focus (including disabled individuals), and HUD-financed operating model.

TypeEmerging player
Description

Nonprofit affordable housing organization that develops and preserves affordable housing for low- and moderate-income families. Comparable to HHPC in mission and resident focus, with similar reliance on LIHTC and public financing.

TypeDirect peer
Description

Nonprofit affordable housing developer and owner operating primarily in California with expanding East Coast presence. Comparable to HHPC in developing and managing affordable housing using LIHTC and public financing, though at significantly larger scale.

TypeBroad incumbent
Description

National nonprofit providing affordable housing for low-income seniors, families, and individuals with disabilities. Comparable to HHPC in serving similar populations through HUD programs, but operates at much larger national scale.

TypeRegional player
Description

Public housing authority serving Howard County, MD. Operates and develops affordable housing using HUD programs in the same primary market as HHPC, providing both a potential partner and competing supply for affordable housing units in the region.

TypeOthers
Description

State agency that administers LIHTC, CDBG, and HOME programs in Maryland. Functions as both a key funder/regulator of HHPC's work and a partner in affordable housing development statewide.

TypeOthers
Description

Collaborative of 100+ nonprofit housing organizations. HHPC could be considered a peer or potential member entity, as the network supports nonprofit affordable housing developers and owners across the U.S. similar to HHPC.

TypeBroad incumbent
Description

National CDFI that funds and supports local affordable housing nonprofits. LISC provides capital and capacity-building to organizations like HHPC, making it an ecosystem peer and potential funding partner for similar community-based nonprofits.

TypeBroad incumbent
Description

One of the largest national nonprofit affordable housing developers and CDFIs, with deep Maryland presence. Compares to HHPC as both develop and manage affordable housing for low-income populations, but at vastly greater scale and with broader national footprint.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles15 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries6 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Heritage Housing Partners

Affordable Housing Serviceshhpcorp.org

Heritage Housing Partners is a Columbia, Maryland-based 501(c)(3) nonprofit founded in 1967 that owns and manages more than 200 affordable rental units across Howard County, Baltimore City, and surrounding counties, serving low-income seniors, physically and intellectually disabled adults, low-moderate-income families, and chronically homeless individuals through HUD-subsidized properties and fee-based property management for nonprofit owners.

What Heritage Housing Partners does

Heritage Housing Partners Corporation (HHPC) is a 501(c)(3) nonprofit affordable housing organization founded in 1967 in Columbia, Maryland. It develops, owns, and manages a portfolio of more than 200 rental housing units across Howard County, Baltimore City, Anne Arundel County, and Hereford County, comprising senior housing (Shalom Square, 50 units), barrier-free housing for physically disabled adults (St. Matthew House, 15 units), townhome properties (Oakland Place, 16 units), historic farmhouse units (Pue Fulton House), and an extensive group home program (Supported Living Inc., Residential Opportunities Inc., and affiliated entities totaling 25+ shared-living houses serving intellectually and developmentally disabled residents). HHPC also provides fee-based property management services to third-party nonprofit owners including CHAI HOPED, The Arc of Howard County, Compass, Howard County Historical Society, and the Baltimore Regional Housing Authority.

Revenue is generated through five streams: rental income from owned units (HUD Section 202/8 project-based vouchers and Section 811 PRAC subsidies), Low Income Housing Tax Credit equity (via Cinnaire), management fees for third-party-owned properties, county and state grants (CDBG, HOME, Howard County Housing and Community Development), and tax-deductible charitable donations. Pricing is income-based and regulated: for example, St. Matthew House units are priced at 30% of Baltimore Area Median Income (currently $25,700) with utilities included. The go-to-market motion is community-led — residents are reached through social service referrals, Howard County homelessness programs (McKinney I/II, Shelter+Care), and partnerships with Humanim, Catholic Charities, and Maryland Access Point, rather than through commercial sales channels.

The organization operates with a lean staff of 5 full-time, 3 part-time employees, and 1 consultant, governed by a volunteer Board of Directors. Executive Director Grace Morris has led the organization since 2008 and is retiring effective July 3, 2026, following nearly six decades of institutional continuity anchored in Howard County's original Rouse-era planning framework.

Heritage Housing Partners firmographics

Firmographics
Name
Heritage Housing Partners
Legal name
Heritage Housing Partners Corporation
Website
https://hhpcorp.org
Company type
Private
Founded year
1967
Operating status
Operating
Headcount range
1–10 employees
Short description
Heritage Housing Partners is a Columbia, Maryland-based 501(c)(3) nonprofit founded in 1967 that owns and manages more than 200 affordable rental units across Howard County, Baltimore City, and surrounding counties, serving low-income seniors, physically and intellectually disabled adults, low-moderate-income families, and chronically homeless individuals through HUD-subsidized properties and fee-based property management for nonprofit owners.
Ownership category
akta.pro rank

Heritage Housing Partners industry classification

Industry
Product category
Affordable Housing Services
NAICS
Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities (6232), Other Residential Care Facilities (623990)
SIC
Operators Of Apartment Buildings (6513), Services-To Dwellings & Other Buildings (7340)
akta.pro primary industry
Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
akta.pro secondary industries
Affordable Housing Property Management (BPAJAGAJ), Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB)

Keywords

  • Affordable housing services
  • Nonprofit property management
  • Senior housing facilities
  • Accessible housing units
  • Subsidized rental housing

Where Heritage Housing Partners is headquartered

Location

Headquarters

HQ city
Columbia
HQ country
United States
HQ region
North America

Offices5 records

Markets served

Heritage Housing Partners business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

  1. Rental Housing Operations: HHPC generates revenue through rental income from its owned portfolio of over 200 units of affordable housing, including apartments, townhomes, and single-family homes in Howard County and Baltimore City.
  2. HUD Section 8 and Section 202/811 Subsidies: Properties like Shalom Square and St. Matthew House receive project-based vouchers and PRAC funding through HUD programs, providing subsidy revenue tied to serving low-income, elderly, and disabled residents.
  3. Low Income Housing Tax Credits (LIHTC): HHPC participates in the State of Maryland LIHTC program for property rehabilitation projects. Tax credit partners like Cinnaire provide financing through these programs.
  4. Donations and Charitable Contributions: As a 501(c)(3) nonprofit, HHPC accepts tax-deductible donations to support ongoing services and activities for elderly and disabled residents.
  5. Property Management Services: HHPC provides property management, leasing, rental support, accounting, and maintenance services for other nonprofit owners under management agreements.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyIncome-based rental housing for persons with physical disabilities

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Heritage Housing Partners product offering

Product offering

Core offering

Heritage Housing Partners Corporation develops, owns, and operates a portfolio of more than 200 affordable rental housing units including apartments, townhomes, single-family homes, and group homes serving low-income seniors, persons with physical and developmental disabilities, low- and moderate-income families, and homeless individuals across Howard County, Baltimore City, and surrounding Maryland counties. In addition to owning and operating its own properties, the organization provides third-party property management, leasing, accounting, and maintenance services under management agreements with other nonprofit owners, and delivers administrative support for county homelessness programs.

Product overview

Heritage Housing Partners Corporation is a nonprofit affordable housing organization offering a portfolio of housing properties and management services. Core offerings include owned properties: Shalom Square (50-unit senior housing in Columbia), St. Matthew House (15-unit physically disabled housing), Oakland Place (16-unit townhome community), and Shared Living Houses (25+ group homes for disabled individuals). Additionally, HHP provides property management services for other owners including CHAI HOPED (6 homes in Baltimore), Fort 700 (5 scattered sites), and homelessness programs. The organization serves seniors, disabled individuals, families, and those experiencing homelessness across Howard County, Baltimore City, and surrounding counties.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

  • Over 200 units of rental housing managed across Howard County, Baltimore City and surrounding counties
  • +2 more outcomes

Companies that use Heritage Housing Partners

Customer profile

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Heritage Housing Partners technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Heritage Housing Partners partnerships and signals

Strategic signal

Partnerships

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

  • The Coordinating CenterminorStrategic or Co-development Partner · 1 January 2023Service-provider partner for Howard County's McKinney I and II and Shelter+Care programs, deepening HHPC's direct engagement with county homelessness programs.
  • CHAI HOPEDmajorStrategic or Co-development Partner · 1 January 2020Management agreement to manage six independent living homes in Baltimore City for residents with mental health challenges. HHPC's first work outside Howard County.
  • Baltimore Regional Housing AuthorityminorStrategic or Co-development Partner · 1 January 2020Management agreement for Fort 700 - five scattered-site houses in Bel Air, Parkville, Nottingham, and Pasadena.
  • Habitat for HumanityminorStrategic or Co-development Partner · 1 January 2019Partnership through Perpetual Revolving Fund where a fourth adjacent lot was sold to Habitat for Humanity as part of affordable home development in Lennox Park, Elkridge.
  • Bridges to Housing StabilitymajorStrategic or Co-development Partner · 1 January 2018Property management agreement for Bridges Alliance Program providing full-service property management for up to 56 scattered-site homes throughout Howard County. Contract concluded in 2023.
  • Chesapeake Community AdviserscoreStrategic or Co-development Partner · 1 January 2016Development partner and asset manager for Shalom Square LIHTC rehabilitation project.
  • Southway BuilderscoreOthers · 1 January 2016Lead construction company for Shalom Square rehabilitation project completed December 31, 2018.
  • Wiencek and Associates ArchitectscoreOthers · 1 January 2016Architectural firm for Shalom Square rehabilitation. Received recognition alongside the project for design excellence.
  • Carney, Kelehan, Bresler, Bennett and ScherrcoreOthers · 1 January 2016Legal team for Shalom Square LIHTC rehabilitation project.
  • Howard County Association of Retarded Citizens (HCARC)coreStrategic or Co-development Partner · 1 January 1988Founding consortium partner in group home acquisition and property management program for physically and mentally challenged individuals. HCARC was one of the original agencies that formed Supported Living, Inc. (SLI) and Residential Opportunities, Inc. (ROI).
  • Adaptive Living, Inc.coreStrategic or Co-development Partner · 1 January 1988Consortium partner that collaborated with HHPC to develop Progressive Housing Partners, Inc. (PHPI) in 2000, which purchased three SLI group homes. Continues as partner in Housing Partners governance structure.
  • Humanim, Inc.coreStrategic or Co-development Partner · 1 January 1988Long-standing consortium partner (formerly Developmental Services Group) that partnered with HHPC on Transitional Housing Resources, Inc. (THRI) in 1998, Access Homes, Inc. (AHI) in 2002, and BB Homes in 2010. Currently partner in Howard County homelessness programs serving over 50 clients.
  • Catholic CharitiescoreStrategic or Co-development Partner · 1 January 1988Founding consortium partner in the group home acquisition program for physically and mentally challenged individuals.
  • Supported Living, Inc. (SLI)coreStrategic or Co-development Partner · 1 January 1988Entity formed from consortium of agencies that owns 18 group homes. HHPC has provided management services and continues to maintain homes in the ARC portfolio.
  • Residential Opportunities, Inc. (ROI)coreStrategic or Co-development Partner · 1 January 1988Entity formed from consortium that owns seven group homes financed through HUD 811 PRAC Program and Howard County Housing and Community Development.

Scale indicators9 records

Recent moves14 records

Expansion highlights5 records

Heritage Housing Partners competitors and assessment

Company assessment

Direct peers

  • Mercy Housing: National nonprofit affordable housing organization serving low-income families, seniors, and people with disabilities. Similar to HHPC in combining property ownership, management, and resident services with HUD/LIHTC financing.
  • The NHP Foundation: National nonprofit that owns, develops, and manages affordable and mixed-income housing for families, seniors, and special needs populations. Highly comparable to HHPC in mission, resident focus (including disabled individuals), and HUD-financed operating model.
  • BRIDGE Housing Corporation: Nonprofit affordable housing developer and owner operating primarily in California with expanding East Coast presence. Comparable to HHPC in developing and managing affordable housing using LIHTC and public financing, though at significantly larger scale.

Emerging players

  • National Affordable Housing Trust (NAHT): Nonprofit affordable housing organization that develops and preserves affordable housing for low- and moderate-income families. Comparable to HHPC in mission and resident focus, with similar reliance on LIHTC and public financing.

Broad incumbents

  • Volunteers of America: National nonprofit providing affordable housing for low-income seniors, families, and individuals with disabilities. Comparable to HHPC in serving similar populations through HUD programs, but operates at much larger national scale.
  • Local Initiatives Support Corporation (LISC): National CDFI that funds and supports local affordable housing nonprofits. LISC provides capital and capacity-building to organizations like HHPC, making it an ecosystem peer and potential funding partner for similar community-based nonprofits.
  • Enterprise Community Partners: One of the largest national nonprofit affordable housing developers and CDFIs, with deep Maryland presence. Compares to HHPC as both develop and manage affordable housing for low-income populations, but at vastly greater scale and with broader national footprint.

Regional players

  • Howard County Housing Commission: Public housing authority serving Howard County, MD. Operates and develops affordable housing using HUD programs in the same primary market as HHPC, providing both a potential partner and competing supply for affordable housing units in the region.

Others

  • Maryland Department of Housing and Community Development: State agency that administers LIHTC, CDBG, and HOME programs in Maryland. Functions as both a key funder/regulator of HHPC's work and a partner in affordable housing development statewide.
  • Housing Partnership Network: Collaborative of 100+ nonprofit housing organizations. HHPC could be considered a peer or potential member entity, as the network supports nonprofit affordable housing developers and owners across the U.S. similar to HHPC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Heritage Housing Partners social profiles

Digital presence

Heritage Housing Partners financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Heritage Housing Partners leadership team

Management profile

Number of profiles

Profiles15 records

Heritage Housing Partners subsidiaries and ownership

Company hierarchy

Subsidiaries6 records

Heritage Housing Partners funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Heritage Housing Partners M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Heritage Housing Partners

What does Heritage Housing Partners do?

Heritage Housing Partners Corporation develops, owns, and operates a portfolio of more than 200 affordable rental housing units including apartments, townhomes, single-family homes, and group homes serving low-income seniors, persons with physical and developmental disabilities, low- and moderate-income families, and homeless individuals across Howard County, Baltimore City, and surrounding Maryland counties. In addition to owning and operating its own properties, the organization provides third-party property management, leasing, accounting, and maintenance services under management agreements with other nonprofit owners, and delivers administrative support for county homelessness programs.

Is Heritage Housing Partners a public or private company?

Heritage Housing Partners is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Heritage Housing Partners founded?

Heritage Housing Partners was founded in 1967. It employs 1 to 10 people.

Where is Heritage Housing Partners based?

Heritage Housing Partners is headquartered in Columbia, United States, in the North America region.

How does Heritage Housing Partners make money?

Five revenue lines are on record. Rental Housing Operations are the primary driver. The others are HUD Section 8 and Section 202/811 Subsidies, low Income Housing Tax Credits (LIHTC), donations and Charitable Contributions and property Management Services.

Who are Heritage Housing Partners's main competitors?

Direct peers on record are Mercy Housing, The NHP Foundation and BRIDGE Housing Corporation. National Affordable Housing Trust (NAHT) is listed as an emerging player. Broad incumbents are Volunteers of America, Local Initiatives Support Corporation (LISC) and Enterprise Community Partners. Howard County Housing Commission is listed as a regional player. Others are Maryland Department of Housing and Community Development and Housing Partnership Network.

Does Heritage Housing Partners have an API?

No public API is recorded for Heritage Housing Partners.

What industry is Heritage Housing Partners in?

Heritage Housing Partners's product category is Affordable Housing Services. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAJAGAJ, Affordable Housing Property Management. Its NAICS code is 6232 and its SIC code is 6513.

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