Housing Authority of Covington

What Housing Authority of Covington does

The Housing Authority of Covington (HAC) is a quasi-governmental public housing authority established in 1937 under federal housing legislation and headquartered at 2300 Madison Avenue in Covington, Kentucky. HAC administers HUD-funded affordable housing programs serving very low-income families, seniors aged 62+, and disabled adults in Covington and Kenton County. Its core product portfolio includes 475 public housing units across seven developments (Latonia Terrace, Golden Tower, Academy Flats, Eastside Revitalization, New Site Properties, scattered sites, and the Wallick-managed River's Edge at Eastside Pointe), the Housing Choice Voucher (Section 8) program consolidated from the City of Covington effective July 1, 2025, and project-based rental assistance at Academy Flats, Eastside Revitalization, and Dell Street Properties.

HAC's operations are supported by an Online Resident Portal (housing.hacov.org) for rent payment, maintenance requests, and recertifications, plus the SACS web application for HCV waiting list, application, and landlord portal functions. Kiosks installed at HAC communities in July 2024 extend self-service access to residents. Revenue is generated through federal HUD operating subsidies, Housing Assistance Payments (HAP) flow-through to private landlords under the HCV program, and tenant rent calculated at 30% of adjusted gross income.

Beyond housing, the Resident Services Department delivers more than 20 on-site programs including the Family Self-Sufficiency (FSS) program with escrow savings, the Jobs Plus/City Futures workforce development program (a $2.2M HUD-funded initiative in partnership with Brighton Center), youth programs (Summer Camp at Camp Ernst, SEED, GLASS, STAR, YES, T.R.A.K.), senior congregate meals and on-site health clinics via NACU, and a Safe Place youth designation awarded in November 2024. Distribution occurs through direct property management, a private-market landlord network under HCV, partner agency locations, and self-serve kiosks. Go-to-market relies on the hacov.org website, Facebook, monthly newsletters, community events, and referrals from 50+ partner agencies.

Name

Housing Authority of Covington

Legal name

Housing Authority of Covington

Website

https://hacov.org

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

11–50 employees

Short description

The Housing Authority of Covington is a HUD-funded quasi-governmental public housing authority founded in 1937 that manages 475 public housing units and administers the Housing Choice Voucher (Section 8) program serving very low-income families, seniors 62+, and disabled adults in Covington, Kentucky, supported by more than 20 resident services programs and 50+ partner agencies.

Ownership category

akta.pro rank

Product category

Public Housing and Housing Choice Voucher Services

NAICS

Administration of Housing Programs (925110), Administration of Housing Programs (92511)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA)

akta.pro secondary industries

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Housing Voucher & Rental Assistance Programs (Tenant-Based/Project-Based) (FSALAKAI)

Keywords

• Public housing programs
• Housing choice vouchers
• Affordable housing services
• Resident services programs
• Low income housing

Headquarters

HQ city

Covington

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Others

Revenue model

1. Public Housing Program: HAC manages 475 public housing units funded through HUD. Residents pay 30% of monthly adjusted gross income for rent and utilities. Revenue comes from federal HUD operating subsidies and tenant rent payments.
2. Section 8 / Housing Choice Voucher Program: HAC administers Housing Choice Vouchers funded by HUD. The program pays a portion of monthly rent directly to landlords on behalf of qualified tenants who pay 30% of their gross income. HAC consolidated this program from the City of Covington effective July 1, 2025.
3. Project-Based Assistance Program: Rental subsidies for one-, two-, and three-bedroom units at Academy Flats, Eastside Revitalization, and Dell Street Properties. Subsidies are attached to specific housing units rather than tenants.
4. Market Rate Rentals: HAC manages some market rate rental properties including River's Edge at Eastside Pointe (managed by Wallick Communities).

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

The Housing Authority of Covington (HAC) is a quasi-governmental public housing authority that manages 475 public housing units across seven communities and administers the federal Housing Choice Voucher (Section 8) program for Covington, Kentucky. HAC provides affordable, income-based housing (rent at 30% of adjusted gross income) to very low-income families, seniors 62+, and disabled adults, complemented by a Resident Services Department delivering 20+ on-site programs covering early childhood education, youth development, senior services, family self-sufficiency with escrow savings, and HUD-funded Jobs Plus workforce training.

Product overview

The Housing Authority of Covington operates a portfolio of housing programs and resident services focused on providing affordable housing and supporting self-sufficiency. The core products are the Public Housing Program (managing 475 units across 7 developments including Latonia Terrace, Golden Tower, Academy Flats, Eastside Revitalization, New Site Properties, and River's Edge at Eastside Pointe) and the Section 8/Housing Choice Voucher Program. These are supported by an Online Resident Portal enabling digital rent payments, maintenance requests, and recertifications. The Resident Services Department delivers complementary programs including Early Childhood Education (STAR Program), Youth Programs (Summer Camp at Camp Ernst, YES Program, T.R.A.K. Club), Senior Programs, the Family Self-Sufficiency (FSS) Program with escrow accounts, and the Jobs Plus/City Futures employment program. A Procurement Portal via Bonfire Interactive manages vendor relationships. The organization manages approximately 490 rental housing units including public housing, low income tax credits, housing choice vouchers, and market rate rentals.

Differentiator

Problem solved

Functional benefit

Products and services

• Public Housing Program Federally-funded affordable housing program providing decent, safe, and sanitary housing for very low-income families, elderly, and disabled residents. HAC manages 475 units across multiple communities including Latonia Terrace, Golden Tower, Academy Flats, Eastside Revitalization, New Site Properties, and scattered sites.
• Section 8 / Housing Choice Voucher (HCV) Program Rental assistance program funded by HUD that helps economically vulnerable populations afford decent housing by paying a portion of monthly rent directly to landlords on behalf of qualified tenants who pay 30% of gross income.
• Project-Based Assistance Program

Quantifiable outcome

• Jobs Plus program first year: 200 residents enrolled, 150+ received services, employment increased from 47% to 50%, average household income increased from $5,646 to $14,074
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

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

• Brighton CentercoreStrategic or Co-development PartnerBrighton Center provides the lion's share of direct services for the Jobs Plus/City Futures program. Staff are located on-site at City Heights and provide career planning, job training, employment assistance, case management, and financial coaching. Also provides Center for Employment Training (CET), Youth Leadership Development, and Stable Families program.
• Gateway Community and Technical CollegecoreStrategic or Co-development PartnerOffers leadership development classes and high-demand job training programs at multiple campus locations. Partners on Ready to Work program and Lift the Tristate program. Provides adult education (GED) referral at Urban Center location.
• Northern Kentucky Community Action Commission (NKCAC)coreStrategic or Co-development PartnerProvides developmental programs, financial assistance, senior employment program, and youth services (ages 16-24) including career exploration, paid apprenticeships, and job placement assistance. Operates Northern Kentucky Scholar House.
• Northern Kentucky Area Development District (NKADD)coreStrategic or Co-development PartnerProvides technical support for monitoring labor force trends and employer needs, as well as oversight of the Northern Kentucky Career Center in Covington. Also provides Northern Kentucky Council on Aging services.
• Nurse Advocacy Center for the Underserved (NACU)coreStrategic or Co-development PartnerNKU program that provides health services and health education programs to City Heights and HAC communities. On-site health clinics operating at Latonia Terrace and Golden Tower.
• Kentucky Career CentercoreStrategic or Co-development PartnerProvides job seeker programs, employment preparation services, and is the host location for Jobs Plus/City Futures program celebration events. Partners with HAC on workforce development initiatives.
• St. Augustine Parish Outreach CentersecondaryStrategic or Co-development PartnerProvides food and financial assistance to City Heights residents and coordinates after-school programs. Continues to serve City Heights community after Jobs Plus program ended.
• Life Learning CentersecondaryStrategic or Co-development PartnerProvides holistic Foundations program for job readiness support. Residents may choose from Life Learning Center's program among other local offerings for employment preparation.
• NorthKey Community CaresecondaryStrategic or Co-development PartnerProvides on-site mental health support services at Golden Tower and Latonia Terrace in partnership with HAC's senior programs. Also provides youth substance abuse treatment referrals.
• YMCA of Greater Cincinnati / Camp ErnstcoreStrategic or Co-development PartnerPartnership for Summer Camp at Camp Ernst serving at-risk children ages 7-13 who reside in Covington public housing. HAC sponsors camp sessions with overnight accommodation, recreational activities, and transportation provided.
• Ida Spence MissionsecondaryStrategic or Co-development PartnerContinues to serve City Heights community after Jobs Plus/City Futures program ended, providing ongoing support to residents.
• Read Ready CovingtonsecondaryStrategic or Co-development PartnerCity of Covington initiative partnered with HAC's STAR Program (Summer of Technology, Activities, and Reading). Sponsors Mayor's Winter Reading Challenge using Footsteps2Brilliance app.
• Covington Independent Public SchoolssecondaryStrategic or Co-development PartnerPartners on 21st Century after-school program, provides information at Back-to-School Fair, and serves HAC resident children at district schools including James E. Biggs Early Childhood, 9th District Elementary, Latonia Elementary, Holmes Middle, and Holmes High School.
• The PlugsecondaryStrategic or Co-development PartnerCommunity partner in Jobs Plus/City Futures program contributing to employment and workforce development services for City Heights residents.
• Wallick CommunitiesminorImplementation/ SI/ Consulting PartnerProperty management company that solely manages River's Edge at Eastside Pointe since February 2020. Headquarters in New Albany, OH with regional offices in Cincinnati, OH.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Dayton Metropolitan Housing Authority: Ohio-based PHA managing public housing units and Housing Choice Vouchers under HUD regulations. Comparable peer given similar portfolio size, programmatic scope, and resident self-sufficiency service model.
• Indianapolis Housing Agency: Midwest public housing agency administering HUD-funded public housing and HCV programs. Comparable as a similarly sized urban PHA with mixed-family and senior housing inventory and resident services portfolio.
• Cincinnati Metropolitan Housing Authority: Regional peer operating public housing and HCV programs in the adjacent Cincinnati metro area. Directly comparable as a HUD-funded PHA serving a similar Northern Kentucky/Ohio tri-state population with overlapping labor and partner-agency markets.
• Columbus Metropolitan Housing Authority: Ohio public housing authority administering HUD public housing and Section 8 programs. Comparable as a mid-size city PHA with similar resident services, FSS, and workforce development programming.
• Lexington-Fayette Urban County Government Housing Authority: Kentucky peer housing authority managing public housing and HCV programs in a similar mid-size Kentucky city context. Directly comparable in terms of HUD program mix, state regulatory environment, and resident services scope.
• Louisville Metropolitan Housing Authority: Another Kentucky public housing authority administering HUD-funded public housing and Housing Choice Voucher programs. Comparable as a state-level PHA peer operating similar programs (public housing + Section 8) with adjacent regulatory environment.
• Akron Metropolitan Housing Authority: Mid-size Ohio PHA operating public housing, Section 8, and resident services programs. Comparable as a regional PHA peer with similar portfolio characteristics and HUD program delivery model.

Others

• Wallick Communities: Ohio-based property management firm managing HAC's River's Edge at Eastside Pointe. Relevant peer as a third-party affordable housing property manager that operates in HAC's adjacent market with comparable multifamily housing expertise.
• Brighton Center: Northern Kentucky nonprofit providing workforce development, family services, and CET training that partnered with HAC on the Jobs Plus/City Futures program. Highly relevant as HAC's primary service-delivery partner and ecosystem enabler for resident self-sufficiency outcomes.

Broad incumbents

• Kentucky Housing Corporation: State-level housing finance agency that administers federal Low-Income Housing Tax Credit and HOME funds across Kentucky. Comparable as a broader affordable housing ecosystem partner operating at greater scale across the same state geography as HAC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Housing-Authority-of-Covington-105615427732654

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Housing Authority of Covington