Northwest Regional Housing Authority

Name

Northwest Regional Housing Authority

Legal name

Northwest Regional Housing Authority, Inc.

Website

https://nwregionalhousing.org

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Administration of Housing Programs (92511), Other Community Housing Services (624229), Rental and Leasing Services (532)

SIC

Real Estate Agents & Managers (For Others) (6531), Services-Social Services (8300)

akta.pro primary industry

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

akta.pro secondary industries

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Housing Voucher & Rental Assistance Programs (Tenant-Based/Project-Based) (FSALAKAI), Housing Benefits & Rent Subsidy Administration (BPAIAKAG), Down Payment Assistance (DPA) & Homebuyer Subsidy Programs (FSALAKAE), Fair Housing, Compliance & Housing Program Oversight (FSALAKAN)

Keywords

• Affordable housing
• Housing choice vouchers
• Rental assistance
• Homeownership programs
• Housing counseling

Headquarters

HQ city

Harrison

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. HUD Housing Assistance Payments: Federal funding from the Department of Housing and Urban Development (HUD) to administer the Housing Choice Voucher Program, including housing assistance payments on behalf of eligible families.
2. USDA Rural Development Programs: Funding from USDA Rural Development for the 504 Housing Rehabilitation Program and other rural housing initiatives. Includes 504 grants (up to $10,000) and loans (up to $40,000 at 1% fixed interest) for very-low-income homeowners.
3. Rental Income: Revenue from rental operations at 14 properties across North-Central Arkansas, serving over 400 families through Low Income Housing Tax Credit, Rural Development, HOME, and HUD programs. Rent is income-based for qualifying tenants.
4. USDA Section 502 Intermediary Services: NWRHA serves as one of nine nonprofits nationwide selected as USDA Rural Housing Service intermediary, reviewing loan packages for quality assurance in Arkansas and Puerto Rico.
5. HUD Administrative Fees: HUD pays the PHA a fee for the cost of administering the voucher program.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

NWRHA operates as a Public Housing Authority administering HUD-funded Housing Choice Voucher (Section 8) rental assistance, Public Housing programs, USDA Rural Development 504 Rehabilitation grants and loans (up to $50,000 combined), and the Housing Choice Voucher Homeownership Program. It directly manages 14 income-based rental properties across an 8-county region in North-Central Arkansas, serving more than 400 families, and delivers HUD-certified housing counseling covering pre-purchase, post-purchase, budget, rental, fair housing, and Family Self-Sufficiency services. NWRHA also serves as one of nine USDA Section 502 intermediaries nationwide, reviewing loan packages in Arkansas and Puerto Rico.

Product overview

Northwest Regional Housing Authority operates as a HUD-certified public housing authority providing affordable housing and related services across Northwest Arkansas. The organization offers a portfolio of 14 rental properties housing over 400 families, manages the Section 8 Housing Choice Voucher program for 7 counties, and provides comprehensive housing counseling services. Homeownership programs include USDA 504 rehabilitation grants/loans, voucher homeownership assistance, and USDA 502 loan intermediary services. Counseling services encompass pre and post-purchase education, budget counseling, and the Family Self-Sufficiency program. Properties range from senior and disabled housing to family apartments, serving elderly, disabled, and low-to-moderate income populations.

Differentiator

Problem solved

Functional benefit

Products and services

• Section 8 / Housing Choice Voucher (HCV) Rental Assistance Program HUD-funded Housing Choice Voucher program providing rental assistance to eligible very low and extremely low-income families, allowing them to choose housing in the private market while receiving subsidies. NWRHA administers vouchers on behalf of HUD for 7 counties in North-Central Arkansas.
• Rental Properties Management Management of 14 affordable rental properties across an 8-county region in North-Central Arkansas, serving more than 400 families through Low Income Housing Tax Credit, Rural Development, HOME, and HUD programs. Income-based rent set at approximately 30% of adjusted monthly income.
• USDA 504 Housing Rehabilitation Program USDA Rural Development program providing grants up to $10,000 (for elderly homeowners 62+) and loans up to $40,000 at 1% fixed interest over 20 years for very-low-income homeowners to repair, improve, or modernize homes and remove health and safety hazards. Combined grants and loans can total up to $50,000.
• Housing Choice Voucher Homeownership Program Allows families with HCV vouchers (minimum one year of assistance) to use their voucher to purchase a home and receive monthly assistance with homeownership expenses, including mandatory HUD-approved homeownership counseling. Maximum assistance term is 15 years (for mortgages 20+ years) or 10 years for shorter-term financing.
• USDA Section 502 Intermediary Loan Review NWRHA serves as one of nine USDA Rural Housing Service intermediaries nationwide, reviewing Section 502 loan packages for quality assurance and providing supplemental training for nonprofit agencies submitting applications in Arkansas and Puerto Rico.
• Pre-Purchase Homebuyer Counseling HUD-certified counseling assisting potential homeowners with understanding affordability, mortgage terminology, loan products, requirements, and achieving mortgage readiness.
• Post-Purchase Homeowner Counseling Counseling helping homeowners understand responsibilities post-purchase, including home maintenance, refinancing, avoiding financial traps, and foreclosure prevention.
• Budget Counseling Financial counseling to help families create spending plans, review current spending patterns, and develop action plans for achieving financial goals.
• HUD Homebuyer Education Course HUD-approved free education course covering assessing homeownership readiness, budgeting, credit, financing, shopping for homes, and maintaining finances. Certificate valid for one year.
• Rental Education Free education program helping tenants build credit, become desirable renters, understand lease agreements, tenant rights, and affordable housing options.
• Family Self-Sufficiency (FSS) Program HUD employment and savings incentive program providing one-on-one goal setting assistance, service referrals, and establishing interest-earning savings accounts for Section 8 participants.
• Fair Housing Education Fair housing education for landlords and tenants covering management responsibilities, renter rights, reasonable accommodations, service animals, and complaint reporting under Title VIII of the Civil Rights Act of 1968.
• Madison Estates Apartments 36-unit HUD, Rural Development and Low-Income Housing Tax Credit property in Huntsville, AR with 16 one-bedroom, 12 two-bedroom, and 8 three-bedroom units.
• Locust Heights 58-unit Public Housing complex in Berryville, AR offering 1-4 bedroom units including handicap-accessible options with community room and playgrounds.
• West View Apartments Senior and disabled housing in Carroll County with 4 one-bedroom and 8 two-bedroom handicap-friendly units, including accommodations for hearing-impaired residents.
• Cottonwood Heights Villas 64-unit apartment complex in Harrison, AR with 48 one-bedroom, 8 handicap one-bedroom, and 8 two-bedroom units across 8 buildings with community center.
• The Maple Esplanade 57-unit Level II assisted living property in Harrison, AR for persons age 62+ with private rooms, meals, 24-hour supervision, and both affordable and private pay options.
• Sugarloaf Village Apartments HUD-designated PRAC property in Diamond City, AR with 13 one-bedroom units for persons 62+ surrounded by Ozark woodlands.
• Valley View Apartments 1-bedroom units in Jasper, AR (Newton County) with Rural Development rental assistance, near Buffalo National River, with handicap-accessible unit.
• The Manor at Maple Esplanade Assisted living property in Harrison, AR for persons 62+, providing daily living support as part of the Maple Esplanade campus.
• Sugarloaf Village Apartments (Senior) / Sugarloaf Village Apartments Senior housing property for persons 62+; consistent with Sugarloaf Village Apartments listed separately.
• East View Apartments Family housing property in NWRHA's portfolio offering 1, 2, and 3 bedroom units.
• Cove Creek Apartments Family housing property in NWRHA's portfolio offering 1, 2, and 3 bedroom units.
• Cedar Bluff Senior Housing Senior housing property for persons 62+ in NWRHA's portfolio.
• Leslie Senior Apartments Senior housing property in NWRHA's portfolio.
• Omaha Apartments Family housing property in NWRHA's portfolio.
• Mountain View Estates Supportive housing property specifically for individuals with developmental disabilities in NWRHA's portfolio.

Quantifiable outcome

• Serves 400+ families across 14 properties
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• USDA Rural Housing ServicecoreStrategic or Co-development PartnerNWRHA is one of nine nonprofits across the United States selected as USDA Rural Housing Service intermediary, overseeing low-income housing loan application processing in Arkansas and Puerto Rico. As intermediary, NWRHA reviews loan packages for quality assurance, provides supplemental training, and assists 501(c)3 non-profit agencies with completing required documentation for the Section 502 loan program.
• 501(c)3 Non-profit Agencies (Arkansas)minorStrategic or Co-development PartnerNWRHA works with 501(c)3 non-profit agencies in Arkansas to ensure complete loan packages are submitted for USDA Section 502 loan approval, including providing USDA-approved checklists and assisting with issues encountered during the process.
• United Way Arkansas (211)minorStrategic or Co-development PartnerCommunity partnership for resource referrals. NWRHA is listed as a resource in United Way's Get Connected resource directory for housing assistance in Boone and surrounding counties.
• House of HopeminorStrategic or Co-development PartnerLocal resource partner providing support services in the Harrison, AR area. Listed in NWRHA's local resources and helpful information section.
• Ozark OpportunitiesminorStrategic or Co-development PartnerCommunity partner organization providing resources and support services. Listed as a local resource in NWRHA's resource guide.
• Boone County Resource CouncilminorStrategic or Co-development PartnerThe Boone County Resource Council's mission is to plan for and develop resources necessary to improve health, recreational, and social services in Boone County. NWRHA participates in the resource guide and community development efforts.
• Arkansas Harrison Housing AuthorityminorStrategic or Co-development PartnerNWRHA serves areas outside Harrison City Limits for HUD Rental Assistance, while the Arkansas Harrison Housing Authority serves the Harrison City Limits area. Listed as a resource for those seeking housing assistance within city limits.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• NeighborWorks America: National network of affordable housing and community development nonprofits providing housing counseling, lending, and program administration. Comparable as the national umbrella for HUD-certified housing counseling agencies including agencies like NWRHA.
• Enterprise Community Partners: Major national affordable housing nonprofit that develops, finances, and advocates for affordable housing including LIHTC-funded rental properties. Comparable as a leading affordable housing organization working with federal housing programs, though operating nationally and at greater scale.

Direct peers

• Pine Bluff Housing Authority: Public Housing Authority serving Pine Bluff, Arkansas with Section 8, public housing, and family self-sufficiency programs. Comparable as a fellow Arkansas PHA serving a similar low-income demographic and administering the same HUD program portfolio.
• Housing Assistance Council (HAC): National nonprofit that supports rural housing and community development organizations, including administering USDA Section 502 intermediary functions. Comparable as a rural housing intermediary and capacity builder working with similar federal programs.
• Little Rock Housing Authority: Public Housing Authority serving Little Rock, Arkansas, administering Section 8 vouchers, public housing units, and housing counseling. Comparable as a fellow Arkansas HUD PHA with multi-program service delivery, though operating at much larger scale in an urban market.
• Fort Smith Housing Authority: Regional Housing Authority in Fort Smith, Arkansas administering Section 8 Housing Choice Vouchers and public housing programs in Western Arkansas. Comparable as another Arkansas PHA with similar regulatory structure and program portfolio to NWRHA.
• Self-Help Ventures Fund: USDA Section 502 Direct Loan intermediary organization providing loan packaging services for rural low-income borrowers. Comparable as one of the small set of USDA Section 502 intermediaries alongside NWRHA, with similar intermediary review and quality assurance functions.
• Hot Springs Housing Authority: Public Housing Authority serving Hot Springs, Arkansas with Section 8, public housing, and senior/disabled housing programs. Comparable as another Arkansas regional PHA operating the same HUD program portfolio in a similar mid-sized market.

Regional players

• Memphis Housing Authority: Public Housing Authority in Memphis, Tennessee operating one of the largest Section 8 voucher programs in the Mid-South. Comparable as a multi-program regional PHA administering federal housing assistance, though operating at significantly greater scale than NWRHA.

Emerging players

• Rural Community Assistance Corporation (RCAC): Community development organization serving rural communities across 13 western states with housing rehabilitation, water infrastructure, and community facility programs. Comparable as a USDA Rural Development partner administering rural housing programs in underserved geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Northwest-Regional-Housing-Authority-Property-Management-108593947281686
• Xx.com/NWRegHousingAR
• LinkedInlinkedin.com/company/northwest-regional-housing-development-corporation

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries14 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 Northwest Regional Housing Authority