Gloversville Housing Authority

Name

Gloversville Housing Authority

Legal name

Gloversville Housing Authority

Website

https://gloversvillehousingauthority.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Public Housing Services

NAICS

Residential Property Managers (531311), Administration of Housing Programs (925110), Lessors of Residential Buildings and Dwellings (53111)

SIC

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

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industry

Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ)

Keywords

• Public housing services
• Affordable housing programs
• Senior housing facilities
• Income-based rentals
• Low-income housing

Headquarters

HQ city

Gloversville

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. HUD Operating Subsidy: Primary operating funds from HUD based on tenant rent payments and occupancy rates. Operating subsidy calculated based on income from tenants and operational needs.
2. Tenant Rent Payments: Rent payments from tenants, calculated as income-based (families pay portion of income). Rent delinquencies noted as significant operational challenge.
3. HUD Capital Funds: Capital improvement funds from HUD for property upgrades, modernization, and repairs. Multi-year grants requiring expenditure by specific deadlines.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Gloversville Housing Authority is a HUD-regulated Public Housing Authority (PHA) that operates three owned properties totaling 293 rental units in Gloversville, New York. It provides income-based affordable housing to three distinct tenant groups: low-income families (Dubois Garden Apartments, 85 units), seniors age 62 and older (Kingsboro Towers, 100 units and Forest Hill Towers, 108 units), and persons with disabilities age 50 and older. The authority administers public housing and Section 8 rental assistance programs, with rent calculated as a percentage of tenant gross income.

Product overview

The Gloversville Housing Authority operates as a public housing authority providing affordable housing services through three main properties: Dubois Garden Apartment Complex (85-unit family housing), Kingsboro Towers (100-unit senior housing), and Forest Hill Towers (108-unit senior housing). The authority administers public housing and Section 8 programs with income-based eligibility limits, emergency rental assistance, and 5-Year PHA Plans that outline policies and objectives for serving low-income, very low-income, and extremely low-income families.

Differentiator

Problem solved

Functional benefit

Products and services

• Dubois Garden Apartment Complex Income-contingent family housing with 85 apartments located in seven buildings. Apartments range from two to five bedrooms. The administrative headquarters of the Gloversville Housing Authority is located at this site at 181 West Street, Gloversville, NY.
• Kingsboro Towers Designated senior housing property with 100 apartments for senior citizens age 62 and older and persons with disabilities age 50+. Located at 2 Frontage Road, Gloversville, NY. Includes utilities, on-site maintenance, and security features.
• Forest Hill Towers Designated senior housing property with 108 apartments for senior citizens age 62 and older and persons with disabilities age 50+. Located at 31 Forest Street, Gloversville, NY. Serves as a meal site for Meals on Wheels.
• Public Housing Program Income-based public housing program with eligibility limits based on family size, ranging from extremely low income to low income thresholds (80% of median income). FY 2020 Income Limits: Extremely Low Income ranges from $14,150 (1 person) to $44,120 (8 person family); Very Low Income ranges from $23,550 to $44,400; Low Income ranges from $37,650 to $70,950.
• Section 8 Housing Assistance Program Federal Housing Choice Voucher (Section 8) program providing rental subsidies to eligible low-income families, seniors, and persons with disabilities.
• Emergency Rental Assistance Program Emergency rental assistance program administered through New York State OTDA for eligible residents facing housing instability.

Quantifiable outcome

• REAC inspection score improvement from 57 to 81 at Dubois Gardens within one year
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered support.

• Meals on WheelssupportOthersForest Hill Towers serves as a meal site for Meals on Wheels, providing nutrition services to senior residents.
• Markham LLPsupportImplementation/ SI/ Consulting PartnerAccounting firm conducting independent audits. Working on catching up with multiple years of delinquent audits (2020-2023).
• Nan McKaysupportImplementation/ SI/ Consulting PartnerConsulting partner assisting with updating ACOP (Admissions and Continued Occupancy Policy) and procurement policies to federal guidelines.
• CertifyMesupportImplementation/ SI/ Consulting PartnerThird-party recertification service contracted to help complete tenant income recertifications. Each resident assigned an agent to assist with process.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• Conifer Realty: Mid-size affordable housing owner-operator active across New York State, including LIHTC and Section 8 properties. Comparable property-management focus for subsidized units without carrying PHA obligations.

Direct peers

• Schenectady Municipal Housing Authority: Schenectady's local PHA operating federally subsidized public housing units. Closest comparable: same Upstate NY geography, similar small-to-mid PHA scale, and identical HUD oversight framework as Gloversville.
• Albany Housing Authority: Capital-region PHA operating a larger public housing portfolio. Same regulatory framework and tenant mix; broader scale makes it an instructive operational benchmark for GHA's modernization trajectory.
• Fulton County Housing Authority: County-level PHA located within the same county as Gloversville, serving overlapping low-income populations. Comparable in operating model, HUD regulation, and small-portfolio scope.
• Saratoga Springs Housing Authority: Upstate New York municipal PHA serving a similar mix of seniors and families. Equivalent operating model under the same federal PHA framework.
• Troy Housing Authority: Upstate New York PHA providing public housing and Section 8 vouchers. Comparable mission, regulatory regime, and small-to-midsize operating footprint.
• Johnstown Housing Authority: Small-city PHA in the immediate Mohawk Valley region operating multifamily affordable housing under HUD supervision. Comparable scale and rural Upstate NY tenant base.
• Amsterdam Housing Authority: Direct neighbor municipal PHA serving the adjacent city of Amsterdam, NY. Operates Section 8 and public housing under the same NY state and federal HUD guidelines with comparable portfolio scale.

Broad incumbents

• New York City Housing Authority (NYCHA): The largest U.S. public housing authority. Operates under identical HUD public-housing regulation but at vastly greater scale, making it a broad incumbent reference point rather than a head-to-head competitor.
• Related Companies: Large affordable and mixed-income housing developer and operator with national footprint. Overlaps with GHA's affordable/subsidized housing mission but is a private-sector incumbent rather than a PHA.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Gloversville Housing Authority