Housing Authority of Myrtle Beach

What Housing Authority of Myrtle Beach does

The Housing Authority of Myrtle Beach (MBHA) is a federally chartered public housing authority established in 1986 and headquartered in Myrtle Beach, South Carolina, that administers HUD-funded affordable housing programs across Horry County. Its core offering is the Housing Choice Voucher (HCV) Program, which provides tenant-based rental subsidies calibrated at approximately 30% of adjusted monthly income, enabling low-income families to lease housing in the private market. MBHA supplements HCV with specialized voucher programs targeting distinct vulnerable populations: HUD-VASH for homeless veterans, Mainstream Vouchers for non-elderly disabled households, Stability Vouchers (administered in partnership with ECHO) for individuals experiencing homelessness or fleeing domestic violence, the Family Self-Sufficiency Program for economic self-sufficiency, and the HCV Homeownership Program that allows voucher holders to apply their subsidy toward mortgage expenses.

MBHA also owns and operates a portfolio of project-based housing properties including the Anne Futrell Building (11 units, built 2012), Balsam Place Annex (3 units, built 2012), Villas at Swansgate (senior housing for adults 62+), and Carver Grove (8 accessible units for disabled and homeless veterans). Operations are run from a single physical office at 1704 North Oak Street in Myrtle Beach, with a staff headcount of 11-50 employees. The technology footprint is minimal: a Revize-powered CMS website, an eNotify email subscription service, and basic multilingual translation — no proprietary technology, AI/ML capabilities, or API integrations are disclosed.

MBHA operates as a quasi-governmental entity under HUD oversight rather than a commercial enterprise. It does not charge participants for housing assistance; instead, revenue is sourced entirely from federal HUD appropriations covering both Housing Assistance Payments (HAP) to landlords on behalf of tenants and administrative fees per unit leased. The customer base is fragmented across low-income families, veterans, seniors aged 62+, non-elderly disabled individuals, and homeless households, while the funding counterparty — HUD — represents a single-payer concentration risk. MBHA is governed by a Board of Commissioners and is not subject to equity ownership, M&A, or competitive market dynamics typical of investable companies.

Name

Housing Authority of Myrtle Beach

Legal name

Housing Authority of Myrtle Beach

Website

https://mbhaonline.org

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

The Housing Authority of Myrtle Beach (MBHA) is a federally chartered public housing authority administering HUD-funded rental assistance and project-based housing for low-income families, veterans, seniors, disabled persons, and homeless individuals across Horry County, South Carolina.

Ownership category

akta.pro rank

Product category

Public Housing Assistance

NAICS

Other Community Housing Services (624229), Lessors of Residential Buildings and Dwellings (53111), Residential Property Managers (531311)

SIC

Services-Social Services (8300), Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

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

akta.pro secondary industries

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

Keywords

• Public housing authority
• Rental assistance programs
• Affordable housing
• Housing choice vouchers
• HUD subsidized housing

Headquarters

HQ city

Myrtle Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Distribution channels2 records

Marketing channels3 records

Core offering

The Housing Authority of Myrtle Beach administers federal rental assistance programs under HUD oversight, including the Housing Choice Voucher (HCV) Program, specialized vouchers for veterans (VASH), non-elderly disabled persons (Mainstream), homeless/at-risk individuals (Stability Vouchers), and a Family Self-Sufficiency Program. The agency also owns and operates project-based housing properties (Anne Futrell Building, Balsam Place Annex, Villas at Swansgate senior housing, and Carver Grove for disabled/homeless veterans) and administers an HCV Homeownership Program enabling voucher use toward mortgage expenses.

Product overview

The Housing Authority of Myrtle Beach operates as a government housing agency administering multiple federal rental assistance and housing development programs. The core offerings include the Housing Choice Voucher (HCV) Program providing tenant-based rental assistance, supplemented by specialized voucher programs including VASH for veterans, Mainstream Vouchers for non-elderly disabled populations, Stability Vouchers for homeless individuals and domestic violence survivors, and the Family Self-Sufficiency Program for economic independence. The agency also owns and operates project-based housing properties including Anne Futrell Building and Balsam Place Annex (2012 multi-family apartments), Villas at Swansgate (senior housing), and Carver Grove (veterans housing). Programs are administered from the Myrtle Beach office with jurisdictional coverage spanning from the North Carolina state line to Georgetown County line across Horry County, South Carolina.

Differentiator

Problem solved

Functional benefit

Products and services

• Housing Choice Voucher Program (HCV) Federal rental assistance program that helps low-income families afford decent housing in the private market by subsidizing a portion of their rent based on income.
• Stability Vouchers

Segments6 records

Ideal customer profiles6 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• ECHO (Eastern Carolina Housing Organization)coreStrategic or Co-development PartnerMBHA partners with ECHO to administer 5 Stability Vouchers. ECHO operates the Coordinated Entry System (CES) allowing the Continuum of Care (Total Care for the Homeless Coalition - TCHC) to assess, prioritize, and refer vulnerable households to appropriate housing interventions. Applications for Stability Vouchers are only accepted through ECHO.

Recent moves6 records

Expansion highlights3 records

Regional players

• Horry County Government: Local county government providing human services, community development, and housing-related programs in the same jurisdiction MBHA serves. Operationally adjacent as the principal local-government partner for MBHA's housing initiatives.
• North Charleston Housing Authority: Public housing authority operating in the Lowcountry region of South Carolina. Comparable as a SC PHA, but serves a different geographic area than MBHA's Myrtle Beach/Horry County jurisdiction.

Direct peers

• Charlotte Housing Authority: Large public housing authority administering HCV, project-based, and supportive housing programs in Charlotte, NC. Comparable federal HUD-funded PHA operating in the Carolinas region, though at substantially larger scale.
• Eastern Carolina Housing Organization (ECHO): Continuum of Care / Coordinated Entry operator that partners with MBHA to administer Stability Vouchers and triage homeless households. Directly comparable as a regional housing services organization with overlapping client populations.
• Spartanburg Housing Authority: South Carolina PHA administering federal rental assistance and project-based housing in Spartanburg. Comparable as a fellow small-to-mid SC public housing authority with HCV and special-purpose voucher programs.
• Charleston Housing Authority: Public housing authority administering HCV, project-based, and special-purpose vouchers in Charleston, South Carolina. Directly comparable as a same-state PHA with a similar mix of federal programs and project-based properties.
• Greenville Housing Authority: Public housing authority operating HCV, public housing, and special-needs programs in the Greenville, SC area. Directly comparable HUD-funded PHA with similar program structure to MBHA.
• Columbia Housing Authority: South Carolina PHA serving the Columbia area with HCV, public housing, and supportive housing programs. Closely comparable in program mix and regulatory environment as a fellow SC public housing authority.

Others

• Total Care for the Homeless Coalition (TCHC): Regional homeless-services coalition that assesses, prioritizes, and refers vulnerable households into Stability Vouchers and other interventions via ECHO. Adjacent ecosystem participant that feeds referrals into MBHA's housing programs.

Broad incumbents

• South Carolina State Housing Finance and Development Authority: State-level housing finance agency administering statewide affordable housing programs, LIHTC allocation, and homeownership financing. Comparable as a broader state-level affordable housing actor that interfaces with PHAs like MBHA.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/sharer/sharer.php?u=http://mbhaonline.org
• LinkedInlinkedin.com/company/housing-authority-of-myrtle-beach

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Housing Authority of Myrtle Beach