NeighborWorks Alaska

What NeighborWorks Alaska does

NeighborWorks Alaska is a 501(c)(3) nonprofit affordable housing and community development organization founded in 1981 and headquartered in Anchorage, Alaska. It owns and operates a portfolio of 10 professionally managed properties spanning 1,000+ rental units, from 197 sq. ft. single-room-occupancy (SRO) efficiencies to 1,311 sq. ft. three-bedroom townhomes, serving seniors, families, individuals with disabilities, and people transitioning out of homelessness. Beyond property management, the organization delivers a Supportive Housing program that serves nearly 700 individuals facing homelessness annually through HUD and state-funded case management, the Landlord Partnership Program, and the Moving On Up starter-kits initiative. Its community-building portfolio includes Paint the Town (home maintenance for seniors, veterans, and disabled homeowners), the Reconnecting Fairview project (backed by a $537,660 federal Reconnecting Communities grant), Anchor Gardens (community garden network across roughly 500 Anchorage gardens), and a 2025-launched Free Farm Stand distributing over 7,000 lbs of produce to 600+ families.

The organization's core technology stack consists of YARDI housing management software for property, lease, and tenant management, a Constant Contact email newsletter, and a website maintained by Anchorage-based Tonbo Digital. There is no proprietary technology platform, no API or SDK, and no mobile application. Revenue is generated from multiple streams: government-subsidized rental income from 1,000+ units, HUD and State of Alaska grants, Home Modification & Accessibility Grants ($2,500–$20,000) funded by the Alaska Mental Health Trust Authority and State Department of Health, Low-Income Housing Tax Credits (LIHTC) and federal subsidies, corporate sponsorships (Wells Fargo, Northrim Bank, GCI), and individual/philanthropic donations. Customer acquisition is community-led (Coordinated Entry referrals, partnerships) supplemented by a sales-led Landlord Partnership Program running quarterly luncheons. Key partners include the Alaska Housing Finance Corporation (its largest funder), Alaska Mental Health Trust Authority, Municipality of Anchorage, the University of Texas at Arlington, and the Anchorage Museum.

Name

NeighborWorks Alaska

Legal name

NeighborWorks Alaska

Website

https://nwalaska.org

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

101–250 employees

Short description

NeighborWorks Alaska is a nonprofit founded in 1981 that manages 1,000+ affordable rental units across 10 Anchorage properties, provides supportive housing for nearly 700 homeless individuals annually, and runs community development programs including Paint the Town, Anchor Gardens, and the Reconnecting Fairview project.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Residential Property Managers (531311), Other Community Housing Services (624229), Other Residential Care Facilities (62399), Residential Building Construction (2361)

SIC

Operators Of Apartment Buildings (6513), Services-Social Services (8300), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

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

akta.pro secondary industries

Independent Living Community Development & Construction (Senior Housing Developers) (HLADAAAH), HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Affordable rental housing
• Supportive housing services
• Homelessness case management
• Community development programs
• Home modification grants

Headquarters

HQ city

Anchorage

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Rental Income: Revenue from managing 1,000+ affordable rental housing units across Anchorage properties including apartments for seniors, families, and individuals with disabilities. Rental income is government-subsidized through HUD and low-income housing tax credits.
2. HUD and State-Funded Grants: Supportive housing programs funded through Housing and Urban Development (HUD) grants and State of Alaska rental assistance programs. Includes Conventional and Intensive Housing Support case management services.
3. Home Modification & Accessibility Grants: HMA Grant program funded by Alaska Mental Health Trust Authority (AMHTA) and State of Alaska Department of Health. Grants provide $2,500-$20,000 for home modifications for disabilities and elderly accessibility.
4. Donations and Philanthropy: Charitable donations from individuals, corporations, and organizations supporting housing programs, community engagement initiatives, and the Paint the Town home repair program.
5. Tax Credits and Subsidies: Low-Income Housing Tax Credits (LIHTC) and other federal subsidies support property operations and development, including the Adelaide Apartments which costs $890,000-$930,000 annually to operate.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

NeighborWorks Alaska is a nonprofit that owns and manages more than 1,000 affordable rental housing units across 10+ properties in Anchorage, ranging from efficiency apartments to three-bedroom family homes. It supplements this core property portfolio with HUD- and state-funded supportive housing programs that provide case management, rental assistance, and move-in support for individuals and families experiencing homelessness. The organization also delivers community revitalization initiatives, homeowner resources, and the Home Modification & Accessibility (HMA) Grant program that funds accessibility improvements for seniors and people with disabilities.

Product overview

NeighborWorks Alaska is a nonprofit affordable housing and community development organization offering a comprehensive portfolio of housing and support services. The core offerings include: (1) an Affordable Rental Housing Portfolio of 10+ professionally managed properties across Anchorage (from 248 sq. ft. SRO units to 1,311 sq. ft. family homes), (2) Supportive Housing Programs providing case management and rental assistance for individuals exiting homelessness through the Landlord Partnership Program and Moving On Up Starter Kits, and (3) Community Building & Engagement initiatives including the Reconnecting Fairview project, Anchor Gardens network, Free Farm Stand, and the Paint the Town home maintenance program. The organization also offers Home Modification & Accessibility Grants ($2,500-$20,000) for homeowners and renters with disabilities. These programs work together to provide pathways from homelessness to stable housing while strengthening neighborhood communities across Anchorage.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Rental Housing Portfolio Professionally managed affordable apartment homes across Anchorage, including efficiencies, one-bedroom, two-bedroom, and three-bedroom units serving seniors, families, individuals with disabilities, and individuals exiting homelessness.
• Supportive Housing Programs Safe and stable housing opportunities for chronic and literally homeless individuals and families with disabilities, providing HUD- and State-funded rental assistance grants with conventional and intensive case management services for nearly 700 clients annually.
• Landlord Partnership Program Partners with private landlords to expand safe, stable housing for people transitioning out of homelessness, offering reliable rental assistance, dedicated staff coordination, and proactive case management to participating landlords.
• Moving On Up – Starter Kits Move-in kits providing essential household items including kitchenware, bedding, cleaning supplies, and toiletries to homeless individuals, youth, veterans, and families transitioning into permanent housing.
• Home Modification & Accessibility (HMA) Grant Grant program providing funding for essential home modifications to enhance accessibility and independence for individuals with disabilities and elderly residents in Alaska; awards range from $2,500 to $20,000 for homeowners and up to $15,000 for renters.
• Paint the Town Home exterior painting program serving senior, veteran, and disabled neighbors who cannot maintain their homes; corporate sponsors and community volunteers participate. The program has served more than 200 houses over nearly 30 years.
• Anchor Gardens Community garden program providing resources, education, and network coordination for urban agriculture across Anchorage, including seed and seedling exchanges, garden mentoring services, and food security initiatives.
• Free Farm Stand Free fresh produce distribution program operating in Fairview (Tuesdays) and Spenard (Wednesdays), distributing donated produce to Anchorage residents experiencing food insecurity.
• Fairview Community Shuttle Free weekend shuttle service connecting Fairview residents to grocery stores and pharmacies in response to the Carrs grocery store closure, averaging 12+ daily riders.
• Reconnecting Fairview Community-led initiative funded by a $540,000 federal Reconnecting Communities grant to address highway infrastructure impacts on the Fairview neighborhood, including pedestrian safety improvements and neighborhood reunification efforts.

Quantifiable outcome

• Manage 1,000+ affordable housing units serving diverse populations from seniors to homeless individuals
• +3 more outcomes

Named customers7 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core and minor.

• Alaska Housing Finance CorporationcoreStrategic or Co-development PartnerAHFC is described as NeighborWorks Alaska's biggest partner, providing funding sources, access to supportive housing programs, homelessness assistance, and expertise in public and affordable housing. The partnership enables collaboration on housing policy and program development throughout Alaska.
• Jones Bedinger, LLCminorImplementation/ SI/ Consulting PartnerAttorney law firm providing educational content for the Landlord Partnership Luncheon series, specifically presenting on the Alaska Landlord & Tenant Act to help landlords understand legal requirements.
• Fields Real Estate, LLCminorImplementation/ SI/ Consulting PartnerReal estate firm owned by Terry Fields (MBA, Associate Professor at UAA) that provided guest speaker expertise on Fair Housing Laws at the Landlord Partnership Luncheon.
• Alaska Legal ServicesminorImplementation/ SI/ Consulting PartnerImran Ahmed, Fair Housing Project Director with Alaska Legal Services, served as guest speaker on Fair Housing Laws at the Landlord Partnership Luncheon. Also provides resources on fair housing for landlords.
• Wells FargocoreGTM or Marketing PartnerCorporate sponsor for the Paint the Town program, providing employee volunteer teams to paint homes of seniors, veterans, and disabled homeowners in Anchorage. Paint the Town has served over 200 houses over nearly 30 years.
• Northrim BankcoreGTM or Marketing PartnerCorporate sponsor for the Paint the Town program, providing volunteer teams to paint homes in the community and demonstrating corporate values through community engagement.
• GCI CommunicationsminorGTM or Marketing PartnerCorporate partner participating in Paint the Town volunteer events, providing employee volunteers for home painting projects in the community.
• University of Texas at ArlingtoncoreStrategic or Co-development PartnerSchool of Architecture (CAPPA) partnership with NeighborWorks Alaska on the Reconnecting Fairview project. Students conduct design studios, community engagement, and fieldwork linked to neighborhood revitalization and urban design solutions.
• Anchorage MuseumcoreStrategic or Co-development PartnerPartner in the Reconnecting Fairview project and Anchorage Design Week activities. Serves as liaison connecting students, community members, and design professionals for community engagement and design collaboration initiatives.
• Anchor GardenscoreStrategic or Co-development PartnerNeighborWorks Alaska serves as fiscal sponsor for Anchor Gardens, which develops community gardens and teaches gardening across Anchorage. Partner in food security initiatives and neighborhood beautification through community gardens, seed exchanges, and the Free Farm Stand program.
• YarducopiaminorStrategic or Co-development PartnerProgram of Alaska Community Action on Toxics that connects gardeners without yards to property owners. Partner with Anchor Gardens (fiscal sponsor: NeighborWorks Alaska) on the Free Farm Stand, which distributed 7,000+ pounds of produce to 600+ families.
• Municipality of AnchoragecoreStrategic or Co-development PartnerCity government partnership including $75,000 in Assembly funding for the Fairview grocery shuttle. NeighborWorks partnered with Anchorage Transportation Department to help reroute city bus lines to serve Fairview residents after the Carrs grocery store closure.
• Fairview Community CouncilcoreStrategic or Co-development PartnerCommunity council partnered with NeighborWorks Alaska on the Reconnecting Fairview project, which won a $537,660 federal Reconnecting Communities grant to address neighborhood division from highways. Also collaborated on food security initiatives and community engagement.
• Church of Jesus Christ of Latter-Day SaintsminorGTM or Marketing PartnerSponsor of the Light the World Giving Machine vending machine campaign. NeighborWorks Alaska received approximately $150,000 in donations through the Giving Machine for items like diapers, gear, and gas assistance for Alaskans in need.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Anchorage Coalition to End Homelessness: Coalition coordinating homelessness response in Anchorage, including the Coordinated Entry system through which NeighborWorks Alaska receives referrals. Comparable mission focus on homelessness, with coalition rather than direct-service model.
• Brother Francis Shelter (Catholic Social Services): Anchorage's largest emergency shelter and adjacent supportive housing provider, serving many of the same chronically homeless individuals as NeighborWorks Alaska's supportive housing program. Comparable resident population in the same geography.
• Volunteers of America Alaska: Alaska affiliate of the national Volunteers of America network, providing supportive housing, behavioral health, and veteran services across the state. Comparable in providing housing + case management to vulnerable populations, with a similar Alaska geographic footprint.

Direct peers

• Cook Inlet Housing Authority: Anchorage-based public housing authority that develops, owns, and manages affordable rental housing and provides supportive services in the same Anchorage market as NeighborWorks Alaska. Most directly comparable peer in terms of geography, mission, and resident population.
• Habitat for Humanity Anchorage: Local Habitat affiliate serving Anchorage, building affordable homeownership housing and offering repair/rehab programs (similar to Paint the Town and HMA). Directly comparable in scale, mission, and Alaska geography.
• Catholic Social Services (Archdiocese of Anchorage): Anchorage-based social services nonprofit that operates supportive housing, refugee resettlement, and homelessness programs. Comparable in providing housing plus case management to vulnerable populations in the same market.
• RurAL CAP (Rural Alaska Community Action Program): Alaska-headquartered nonprofit providing housing, early childhood education, and community development across rural and urban Alaska. Comparable mission and geographic footprint, with overlapping affordable housing and supportive service programs.

Broad incumbents

• Mercy Housing: National nonprofit affordable housing developer and operator combining rental housing with supportive services for low-income, senior, and disabled residents. Directly comparable operating model (affordable housing + supportive services), but at national scale.
• Enterprise Community Partners: National nonprofit that develops and operates affordable housing, including supportive housing models, and deploys capital through LIHTC. Comparable in mission and financing approach, but operating at national scale across many states.
• Alaska Housing Finance Corporation (AHFC): Statewide housing finance agency and NeighborWorks Alaska's largest partner, providing funding, rental assistance, and policy leadership. Comparable in affordable housing mission, but operates at state scale rather than as a single-mission nonprofit.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/NeighborWorksAlaska
• LinkedInlinkedin.com/company/neighborworks-alaska

Revenue estimate

Valuation estimate

Number of profiles

Profiles23 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 NeighborWorks Alaska