North Country Affordable Housing

Name

North Country Affordable Housing

Legal name

North Country Affordable Housing, Inc.

Website

https://northcountryaffordablehousing.com

Company type

Private

Founded year

1987

Operating status

Operating

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Community Housing Services (62422), Other Community Housing Services (624229)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industries

Residential Affordable Housing Development & Construction (IMAFABAI), Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA)

Keywords

• Affordable housing programs
• Rental housing services
• Home rehabilitation grants
• Mobile home replacement
• Nonprofit housing development

Headquarters

HQ city

Watertown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Others

Revenue model

1. Government Grants and Loans: North Country Affordable Housing receives grants and loans from multiple government sources including NYS Division of Housing and Community Renewal's Rural Preservation Company Program, NYS Affordable Housing Corporation, federal government through North Country HOME Consortium, and other state/federal sources. Since 1987, the corporation has received over $10 million in grants or loans.
2. Mobile Home Replacement Program Funding: Grant funds provided by NYS Affordable Housing Corporation and federal government through locally administered North Country HOME Consortium. Grants up to $100,000 for mobile home replacement secured by note and mortgage with 10-year compliance period.
3. Administrative Funding: Administrative funding provided by NYS Division of Housing and Community Renewal's Rural Preservation Company (RPC) Program.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

North Country Affordable Housing is a private nonprofit housing organization that owns and manages 64 affordable rental units across two complexes (Kelsey Creek Apartments in Watertown and Stonewood West Apartments in Philadelphia, NY) and administers government-funded housing assistance programs including the Mobile Home Replacement Program, Owner Occupied Rehabilitation Program, and Septic System Replacement Program. The organization serves low and very low-income households in Jefferson, Lewis, and St. Lawrence Counties in northern New York State, delivering both rental housing and rehabilitation/new construction financial assistance funded through state and federal grants.

Product overview

North Country Affordable Housing is a non-profit housing organization offering a portfolio of affordable housing products and programs. The core offerings include two rental property complexes (Kelsey Creek Apartments and Stonewood West Apartments) providing a total of 64 rental units in Watertown and Philadelphia, NY. Housing assistance programs include the Mobile Home Replacement Program (grants up to $100,000), Owner Occupied Rehabilitation Program (home improvement assistance), and Septic System Replacement Program (reimbursement funding). These products serve low and very low-income households in Jefferson, Lewis, and St. Lawrence Counties in northern New York State.

Differentiator

Problem solved

Functional benefit

Brands

• Kelsey Creek Apartments: Rental apartment complex located on the northwest side of Watertown, New York with convenient access to Interstate 81, Fort Drum, shopping and public transportation.
• Stonewood West Apartments

Products and services

• Kelsey Creek Apartments Affordable rental apartments located on the northwest side of Watertown, New York, offering 1 & 2 bedroom units with maintenance services, laundry facilities, community playground, major appliances, and secure storage. Convenient access to Interstate 81, Fort Drum, shopping, and public transportation; serves low and very low income households.
• Stonewood West Apartments Affordable rental apartments located in the Village of Philadelphia, New York, offering modern living spaces with on-site parking and maintenance services. Located a 12-minute drive from Fort Drum with nearby access to Watertown; serves low and very low income households.
• Mobile Home Replacement Program Financial assistance program providing grants up to $100,000 to low-income mobile home owners in Jefferson County for replacement of mobile homes at least 10 years old with new, energy-efficient modular units on owned land. Funded by NYS Affordable Housing Corporation and federal HOME Consortium grants, with grant funds secured by note and mortgage subject to a 10-year compliance period.
• Owner Occupied Rehabilitation Program County-wide financial assistance program helping low-income owner occupants make needed improvements to bring their homes up to housing quality standards. Eligible properties must be located in Jefferson County (excluding the City of Watertown). Funded by multiple local, regional, state, and federal sources with a 10-year compliance period for fund recapture if the home is sold; 247 homes rehabilitated with $5,461,930 in grant funds distributed as of December 2018.
• Septic System Replacement Program State-funded program administered locally through the Jefferson County Planning Department providing 50% reimbursement for repair or replacement of failing septic systems near targeted waterbodies including Moon Lake, Guffin Bay, and the St. Lawrence River. Jefferson County limits the maximum award to 50% reimbursement up to $5,000 per system (the State program allows 50% reimbursement up to a $10,000 cap).
• Other Housing Programs Additional housing programs including housing for low-to-middle-income households, housing for special needs individuals and senior citizens, and the First Time Homebuyer Education Course. Includes referral pathways to the City of Watertown Owner-Occupied Rehabilitation Program administered by Neighbors of Watertown.

Quantifiable outcome

• 247 homes rehabilitated and $5,461,930 in grant funds distributed as of December 2018
• +1 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered supporting.

• Jefferson County Planning DepartmentsupportingStrategic or Co-development Partner · 1 January 2021County agency administering the State Septic Replacement Fund Program locally, accepting and reviewing applications for septic system repairs and replacements near targeted waterbodies.
• Development Authority of the North Country (DANC)supportingStrategic or Co-development Partner · 1 January 1987Regional development authority supporting infrastructure and development projects in northern New York, including septic system replacement funding.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• NeighborWorks America: National network of more than 250 affordable housing and community development nonprofits. Comparable mission and operating model at network scale; rural preservation and rehabilitation programs mirror NeighborWorks affiliate activity.
• Habitat for Humanity International: National nonprofit developing affordable homeownership and rehabilitation housing for low-income households. Comparable in mission and end-customer (low-income families needing decent housing), though vastly broader in scale and geography than NCAH's tri-county focus.
• Local Initiatives Support Corporation (LISC): National CDFI that finances and supports local nonprofits like NCAH with affordable housing, community development, and economic development capital. Direct upstream peer in the same funding ecosystem; NCAH likely a partner or sub-grantee in LISC-supported programs.
• Enterprise Community Partners: National nonprofit developer and investor in affordable housing, including rural and community-based developments. Overlaps with NCAH in affordable housing development and partnership with public housing finance programs (LIHTC, HOME).

Others

• CNY Fair Housing: Central New York fair housing advocacy organization explicitly linked from NCAH's website footer for fair housing law resources. Ecosystem partner (not a competing service provider); relevant for understanding NCAH's local referral and compliance network.
• Rural Community Assistance Partnership: National network of nonprofit partners providing technical assistance to rural communities on water, wastewater, and housing infrastructure. Relevant adjacent peer given NCAH's Septic System Replacement Program and rural housing rehabilitation focus.

Direct peers

• Home HeadQuarters: Syracuse, NY-based nonprofit affordable housing provider offering homeownership pathways, rehab, and rental support across Central New York. Comparable in nonprofit model, mission to serve low-income households, and reliance on state/federal grant streams for funding.
• PathStone Corporation: Rochester-area nonprofit serving rural New York with housing development, rehabilitation, and community development programs for low-income families. Directly comparable in rural NY nonprofit housing model and grant-funded operating structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 North Country Affordable Housing