Interfaith Community Housing of Delaware

What Interfaith Community Housing of Delaware does

Interfaith Community Housing of Delaware, Inc. (ICHDE) is a Delaware-based 501(c)(3) nonprofit founded in 1968 as Community Housing, Inc. to revitalize Wilmington neighborhoods in the wake of civil unrest. The organization operates four core program lines: Real Estate Development (development and rehabilitation of affordable single-family, townhome, and multifamily units, including the active 13-unit Townsend 'Old Town' project), Asset Management (ownership and management of 314 affordable rental units statewide, including senior housing at Buford Manlove Manor for residents 62+), the HomeOwnership Center (HUD-certified housing counseling, foreclosure prevention, financial literacy, first-time homebuyer workshops, and Stand By Me personal financial coaching delivered in English and Spanish), and Community-Building and Engagement (resident leadership development, youth mentorship, community gardens, climate advocacy, and a monthly Friday Food Giveaway with HOPP serving 50+ families).

The business model is a hybrid nonprofit construct. Revenue-like inflows come from four streams: property sale proceeds from affordable homes sold to income-qualified buyers (≤80% AMI), managed rental income from the 314-unit portfolio, tax-deductible donations and grants from individuals, foundations, and government sources, and a small merchandise e-commerce line. Pricing is largely freemium — core counseling, orientations, and Zoom workshops are free; the eHome America online course is $175 per individual; merchandise ranges from $10 to $65.50. The 2024 Impact Report cites total private, philanthropic, and public investment of $35,608,875, with nearly $4M raised in 2024 alone from NeighborWorks America, federal HOME funds, New Castle County ARPA, FHLBank Pittsburgh, DSHA, and multiple commercial banks.

ICHDE is the first NeighborWorks America chartered organization in Delaware (1999) and operates the first certified NeighborWorks HomeOwnership Center in the state (2005). It holds CHDO certification, HUD-approved counseling authority, and the Candid Platinum Seal of Transparency (2024, 2025). Operations are delivered through a Wilmington headquarters (613 North Washington Street) and a Dover regional office opened in 1995 to serve Kent and Sussex counties, with no disclosed proprietary technology platform or AI capabilities.

Name

Interfaith Community Housing of Delaware

Legal name

Interfaith Community Housing of Delaware, Inc.

Website

https://ichde.org

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

11–50 employees

Short description

Delaware-based 501(c)(3) nonprofit founded in 1968 that develops and manages affordable housing, delivers HUD-certified homeownership counseling, and runs community engagement programs for low- and moderate-income households statewide.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131), Residential Building Construction (2361)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Residential Affordable Housing Development & Construction (IMAFABAI)

akta.pro secondary industries

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Affordable & Public Housing Asset Management (BPAJAMAI)

Keywords

• Affordable housing development
• Housing counseling services
• Foreclosure prevention
• Homebuyer education
• Rental property management

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others, Infrastructure

Revenue model

1. Real Estate Development: Development and sale of affordable housing units to income-qualified buyers. Revenue generated from property sales to low- and moderate-income households.
2. Rental Housing Operations: Owns and manages 314 affordable rental housing units across Delaware. Properties include multifamily rental communities and senior housing (62+).
3. Donations and Contributions: Tax-deductible donations from individuals and organizations supporting affordable housing mission. Operates as a 501(c)(3) tax-exempt organization.
4. Merchandise Sales: Online shop selling apparel, homewares, and accessories branded with ICHDE logo. Revenue supports housing programs and community outreach.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels13 records

Core offering

ICHDE develops, owns, and manages affordable housing across Delaware while providing HUD-certified homebuyer education, foreclosure prevention counseling, and financial literacy coaching. The organization operates four core programs: Asset Management (owning/managing 314 affordable rental units), Community-Building and Engagement (resident empowerment and food distribution), the HomeOwnership Center (housing counseling and homebuyer workshops), and Real Estate Development (developing affordable homes for sale to income-qualified buyers).

Product overview

Interfaith Community Housing of Delaware (ICHDE) operates as a nonprofit affordable housing organization with a multi-service portfolio consisting of four core programs: Asset Management (owning and managing 314 affordable rental units), Community-Building and Engagement (resident empowerment, food security, youth mentorship, and leadership development), the HomeOwnership Center (HUD-certified housing counseling, financial literacy, and homebuyer education including the e-Home America online course and Stand By Me coaching partnership), and Real Estate Development (developing and rehabilitating affordable housing units for sale and rental). The organization also sells newly constructed affordable homes to income-qualified buyers and operates a merchandise e-commerce shop. Services are delivered through offices in Wilmington and Dover, Delaware, with programs supported by NeighborWorks America affiliation.

Differentiator

Problem solved

Functional benefit

Products and services

• Asset Management Property management program owning and managing 314 affordable housing rental units across Delaware with properties in Wilmington, New Castle, Milford, Claymont, and Dover, including a senior community for residents aged 62 and up.
• Real Estate Development Affordable housing development and revitalization program; one of Delaware's largest nonprofit affordable housing developers. Develops and rehabilitates residential properties including single-family homes, townhomes, and multifamily units across Delaware.
• Community-Building and Engagement (CBE) Resident empowerment program focusing on community outreach, food distribution, community gardens, urban farming, climate change advocacy, youth mentorship, resident leadership development, and substance abuse prevention.
• HomeOwnership Center (HOC) HUD-certified housing counseling service providing foreclosure prevention, financial literacy education, budgeting support, credit repair, first-time homebuyer workshops, and the Stand By Me coaching program for prospective homeowners.
• Affordable Homes for Sale Sales program for newly constructed affordable homeownership units developed by ICHDE, including single-family homes and townhomes sold to income-qualified buyers earning 80% or less of area median income.
• First-Time Homebuyer Orientation Free monthly virtual orientation sessions on Zoom covering housing counseling, credit scores, down payment assistance, and the path to homeownership, held the first Tuesday of each month from 6pm to 7pm.
• Friday Food Giveaway Monthly food distribution program held on the fourth Friday in partnership with The Harvest Outreach People Project (HOPP), providing fresh produce to over 50 families each month in West Center City.
• ICHDE Merchandise Shop Online store selling branded merchandise including apparel, homewares, bags, stationery, electronics, and donation options to support ICHDE's mission and housing programs.

Quantifiable outcome

• Over 2,000 affordable housing units developed and rehabilitated since 1968
• +4 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

18 partnerships are on record, tiered core and supporting.

• C & B General Contractors Inc.coreImplementation/ SI/ Consulting Partner · 25 July 2025General contractor for Townsend affordable housing development project. Skilled craftsmanship in bringing affordable homes to life.
• New Castle CountycoreStrategic or Co-development Partner · 17 July 2025$2.8 million federal HOME funds administered through New Castle County for Townsend development project. Partnership for affordable housing development across the county with ARPA funding support.
• Town of TownsendcoreStrategic or Co-development Partner · 17 July 2025Collaboration on Townsend 'Old Town' revitalization project. Six-year partnership to transform vacant lots into 13 affordable homeownership opportunities.
• NeighborWorks America HomeOwnership CentercoreStrategic or Co-development Partner · 1 January 2005First certified NeighborWorks HomeOwnership Center in Delaware (2005). Provides HUD-certified counseling, homebuyer education, and access to NeighborWorks national network and resources.
• NeighborWorks AmericacoreStrategic or Co-development Partner · 1 January 1999First NeighborWorks America organization in Delaware since 1999. ICHDE became the first chartered NeighborWorks organization in Delaware in recognition of commitment to revitalizing communities and creating opportunities for residents. Provides access to national resources, training, and affiliation credibility.
• Delaware Division of Substance Abuse and Mental Health (DSAMH)supportingStrategic or Co-development PartnerPartnership for substance abuse prevention programming and mental health services delivered through Community Building and Engagement program.
• The Harvest Outreach People Project (HOPP)supportingStrategic or Co-development PartnerPartnership for food distribution program providing fresh produce to over 50 families each month on the fourth Friday.
• ChristianaCare Health ServicessupportingStrategic or Co-development PartnerHealthcare partnership through Community Building and Engagement program, providing health services and resources to residents.
• City of Wilmington Parks and RecreationsupportingStrategic or Co-development PartnerPartnership for community programming and engagement activities.
• Network ConnectsupportingStrategic or Co-development PartnerCommunity partnership for resident services and engagement.
• Conscious Connections Inc.supportingStrategic or Co-development PartnerCommunity partnership for supportive services.
• Sacred Heart VillagesupportingStrategic or Co-development PartnerPartnership for senior housing and services.
• Grace United Methodist ChurchsupportingStrategic or Co-development PartnerPartner for community events and homeownership education workshops.
• IngermansupportingImplementation/ SI/ Consulting PartnerThird-party property management company managing Buford Manlove Manor (62+ senior community).
• NeighborGood PartnerssupportingStrategic or Co-development PartnerNeighborWorks network partner providing ongoing support for affordable housing projects across Delaware.
• Stand By MesupportingStrategic or Co-development PartnerPersonal financial coaching program partnership providing one-on-one support for credit building and homeownership preparation. ICHDE staff serve as coaches.
• Prosperity Home MortgagesupportingGTM or Marketing PartnerSponsor and partner for homeownership workshops and fairs, providing mortgage lending expertise and educational content.
• University of DelawaresupportingStrategic or Co-development PartnerGraduate student project documenting vacant properties in Townsend's 'Old Town' evolved into the 6-year affordable housing development partnership.

Scale indicators13 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Local Initiatives Support Corporation (LISC): National community development financial institution funding affordable housing and resident services across the U.S. Peer of ICHDE in mission and capital deployment approach, though operating at substantially greater scale.
• Enterprise Community Partners: National nonprofit that develops and finances affordable housing and community development at scale. Operates a much larger portfolio than ICHDE but shares the same mission, LIHTC financing approach, and counseling/advisory services.

Regional players

• Ingerman: Mid-Atlantic affordable housing developer and property manager already partnered with ICHDE to manage Buford Manlove Manor senior community. Comparable in affordable housing asset management, but operates regionally rather than purely non-profit mission-driven.

Others

• National Council of State Housing Agencies (NCSHA): Trade association representing state housing finance agencies, including DSHA. Adjacent peer in that it shapes federal housing finance policy, LIHTC allocations, and counseling standards that directly affect ICHDE's funding and program design.
• Delaware State Housing Authority (DSHA): State housing finance agency that provides Catalyst funding and other resources to ICHDE. Functions as a key funder, regulator, and program partner rather than a direct competitor, but defines the operating environment ICHDE works within.

Direct peers

• NeighborWorks America Network Affiliates (e.g., NeighborWorks Housing Solutions, NeighborWorks Western Massachusetts): Sister NeighborWorks chartered organizations running the same HUD-certified counseling, affordable housing development, and community building model in other states. Direct functional peers in the NeighborWorks network.
• Habitat for Humanity of Kent County: Habitat affiliate serving Kent County, Delaware — overlapping ICHDE's Dover service area. Operates the same nonprofit affordable housing development and homeownership pathway model targeting low-income buyers.
• Community Housing Partners: Virginia-based nonprofit combining affordable rental housing development, property management, and resident services — closely matching ICHDE's integrated development + asset management + community engagement model.
• Habitat for Humanity of New Castle County: Local Habitat for Humanity affiliate also developing affordable single-family homes and providing homeownership services in New Castle County, Delaware. Directly comparable as a non-profit affordable housing developer and homeownership counseling provider serving overlapping low- and moderate-income households.
• Self-Help Enterprises: California-based nonprofit developing affordable housing, providing homeownership counseling, and running community programs for low-income rural households. Highly comparable integrated mission and service model to ICHDE.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/interfaithde
• YouTubeyoutube.com/channel/UCiMJZCucLG3bijeuVX3IFUg
• Facebookfacebook.com/InterfaithCommunityHousing
• LinkedInlinkedin.com/company/ichde
• Instagraminstagram.com/interfaithde
• TikToktiktok.com/@interfaithde

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

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 Interfaith Community Housing of Delaware