What Evansville Housing Authority does

The Housing Authority of the City of Evansville (EHA) is a quasi-governmental public housing authority established in 1942 under Indiana state law and operating under U.S. Department of Housing and Urban Development (HUD) oversight. EHA's mission is to provide adequate, affordable housing and economic opportunity free from discrimination to low-income residents of Evansville, Indiana. Its core service portfolio consists of four HUD-funded programs: 1,906 Housing Choice Vouchers (HCV/Section 8), 888 units of public housing converted in November 2018 to project-based vouchers under the Rental Assistance Demonstration (RAD) program, 31 Veterans Affairs Supportive Housing (VASH) vouchers, and 14 Homeownership Vouchers. Together these programs serve nearly 5,000 individuals at any given time. Supporting programs include the Family Self-Sufficiency (FSS) Program, two Resident Resource Centers, and partnerships with YouthBuild Evansville, Caldwell YMCA, and Fulton Boys and Girls Club.

EHA's business model is federally funded through HUD subsidy programs, with revenue flowing from per-unit Housing Choice Voucher administrative fees, project-based voucher subsidies for the 888 RAD-converted units, and pass-through rental assistance payments to participating private landlords. Tenants typically contribute 30% of adjusted gross income toward rent with the remainder subsidized; EHA does not charge applicants for services. Distribution occurs through direct office-based services at three Evansville locations (500 SE 10th Street headquarters, 411 SE 8th Street HCV office, and 402 Court Street administrative office), landlord partnerships under HCV, and an online Client Portal for self-service. Marketing channels include the agency's website, Facebook presence, and quarterly newsletters.

EHA operates a non-profit affiliate, Advantix Development Corporation, which develops and renovates affordable housing and has delivered 1,500+ new apartments in 2024 with another 1,500 under construction, representing $454 million in development investment across Indiana, Ohio, and Michigan. EHA is led by President/CEO Rick Moore and governed by a Board of Commissioners. The organization has 51-100 employees and is FHEO-compliant. There is no evidence of proprietary technology, AI/ML capabilities, or third-party SaaS platform dependencies beyond its Client Portal and standard web infrastructure.

Name

Evansville Housing Authority

Legal name

The Housing Authority of the City of Evansville

Website

https://evansvillehousing.org

Company type

Private

Founded year

1942

Operating status

Operating

Headcount range

51–100 employees

Short description

The Housing Authority of the City of Evansville (EHA) is a quasi-governmental public housing authority administering HUD-funded rental assistance — including 1,906 Housing Choice Vouchers, 888 RAD-converted project-based voucher units, 31 VASH vouchers, and 14 homeownership vouchers — serving nearly 5,000 low-income residents of Evansville, Indiana.

Ownership category

akta.pro rank

Product category

Public Housing Services

NAICS

Other Residential Care Facilities (6239)

SIC

Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Affordable housing services
• Housing choice vouchers
• Public housing programs
• Veteran housing assistance
• Homeownership vouchers

Headquarters

HQ city

Evansville

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. HUD Subsidy Programs: Federal funding through the U.S. Department of Housing and Urban Development (HUD) including Housing Choice Voucher (HCV/Section 8) program, project-based vouchers, VASH vouchers for veterans, and RAD program conversions. Revenue comes from government subsidies per unit and administrative fees.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Evansville Housing Authority (EHA) administers federal affordable housing programs in Evansville, Indiana, including Housing Choice Vouchers (Section 8), project-based vouchers converted under the RAD program, VASH vouchers for homeless veterans, and homeownership vouchers. EHA also operates self-sufficiency programs (FSS, YouthBuild) and community resource centers, serving nearly 5,000 individuals through direct housing assistance and partnerships with private landlords.

Product overview

Evansville Housing Authority (EHA) operates as a traditional public housing authority offering multiple federal rental assistance programs. The core portfolio consists of Housing Choice Vouchers (Section 8), public housing units converted to project-based vouchers under RAD, Veterans Affairs Supportive Housing (VASH), and Homeownership Vouchers. Supporting these programs are the Family Self-Sufficiency Program and Resident Resource Centers that provide wraparound services. EHA also maintains a Client Portal for tenant self-service, and operates through its non-profit development affiliate Advantix Development Corporation, which has delivered over 1,500 new apartments and has another 1,500 under construction.

Differentiator

Problem solved

Functional benefit

Products and services

• Housing Choice Vouchers (HCV) / Section 8

Quantifiable outcome

• Nearly 5,000 individuals served at any given time

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core, historical and supporting.

• Advantix Development CorporationcoreStrategic or Co-development PartnerEHA's non-profit affiliate that develops and renovates affordable housing. Together they converted all 888 public housing units to project-based vouchers under RAD. Delivered over 1,500 new apartments in 2024 with another 1,500 under construction.
• Lincoln GardenshistoricalOthersEHA's first public housing project developed in 1937 as part of Franklin D. Roosevelt's Public Works Administration, one of 35 cities to receive such a grant.
• Family Self-Sufficiency (FSS) ProgramsupportingOthersProgram helping families achieve economic independence through goal-setting and community resources.
• YouthBuild EvansvillesupportingOthersYouth empowerment program providing education, job training, and leadership development for young people.
• Caldwell YMCAsupportingOthersCommunity organization partner providing resources and services to EHA residents.
• Fulton Boys and Girls ClubsupportingOthersYouth development organization providing programs and resources for children of EHA residents.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• The Community Builders: Non-profit affordable housing developer and operator managing thousands of units across multiple states. Comparable to Advantix Development Corporation's development mission and mixed-finance affordable housing model.
• Related Companies: Large-scale affordable and mixed-income housing developer operating nationwide. Comparable to Advantix in affordable housing development, though operates at far greater scale and includes market-rate development.
• Chicago Housing Authority: One of the largest public housing authorities in the U.S., administering tens of thousands of vouchers and public housing units in Chicago. Operates the same HUD regulatory framework but at vastly greater scale and complexity than EHA.

Others

• Habitat for Humanity International: Non-profit affordable housing organization focused on homeownership for low-income families. Comparable mission to EHA's homeownership voucher program but operates through volunteer-built housing rather than rental assistance.
• Enterprise Community Partners: National non-profit that invests in affordable housing development and partners with local housing authorities. Comparable in mission to expand affordable housing supply and provides relevant context for EHA's development strategy.
• Housing Assistance Council: National non-profit providing training, technical assistance, and capacity building for rural and small-community affordable housing providers. Comparable in serving similar population demographics and small-market housing authorities.

Direct peers

• Fort Wayne Housing Authority: Indiana-based municipal housing authority administering HCV and public housing programs. Similar scale and operational profile to EHA, serving a comparable Midwestern city demographic.
• Indianapolis Housing Authority: Another Indiana-based municipal housing authority administering HCV/Section 8, public housing, and voucher programs. Directly comparable in mission, regulatory framework, and program mix, though larger in scale serving the Indianapolis metro area.
• Housing Authority of the City of Terre Haute: Indiana-based municipal housing authority administering HUD programs in a smaller Indiana city. Comparable operational scale and mission to EHA, with similar program mix including HCV and public housing conversions.
• Louisville Metro Housing Authority: Municipal housing authority serving Louisville, Kentucky, administering HCV, public housing, and specialized voucher programs. Comparable scale and structure to EHA with similar HUD regulatory framework and Midwest operating context.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Evansville-Housing-Authority-160394977313894
• LinkedInlinkedin.com/company/evansvillehousingauthority

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Evansville Housing Authority