New York Mortgage Coalition
- Company typePrivate
- Founded1993
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
New York Mortgage Coalition firmographics
Firmographics- Name
- New York Mortgage Coalition
- Legal name
- Abode Alliance
- Website
- https://nymc.org
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
New York Mortgage Coalition industry classification
Industry- Product category
- Nonprofit Housing Counseling Services
- NAICS
- Other Community Housing Services (624229), Community Housing Services (62422)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industries
- Affordable Housing & First-Time Buyer Brokerage (BPAJAAAD), Affordable Housing / Down Payment Assistance (DPA) Mortgage Origination (FSALAAAM)
Keywords
Where New York Mortgage Coalition is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
New York Mortgage Coalition business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others, Infrastructure
Revenue model
- Foundation Grants and Donations: Revenue primarily derived from foundation grants, corporate donations, and public funding to support nonprofit operations and programs serving underserved communities.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
New York Mortgage Coalition product offering
Product offeringCore offering
New York Mortgage Coalition (now Abode Alliance) is a nonprofit housing counseling organization that delivers HUD-approved homebuyer education, financial empowerment, foreclosure intervention, and workforce development programs to low-to-moderate income individuals and families in Metro New York and Upstate New York. It operates as a Housing Counseling Intermediary, providing both direct counseling to consumers and strategic support to a network of nonprofit partner counseling agencies. Services are offered at low or no cost and are funded through grants, donations, and public funding.
Product overview
New York Mortgage Coalition (now Abode Alliance) is a nonprofit organization offering a platform of housing counseling and homeownership programs. The organization provides six core programs: Securing Your Legacy (wealth protection), Financial Empowerment (with Rent Builds Credit), Workforce Development (appraisal training), Homeownership Success Series (homebuyer education), HUD Intermediary Program (housing counseling expansion), and Core Homeownership Program (direct education and agency support). These programs work together to expand sustainable homeownership opportunities for underserved individuals and families in Metro New York through financial education, workforce development, foreclosure intervention, and employer-assisted housing.
Differentiator
Problem solved
Functional benefit
Products and services
- Securing Your Legacy A wealth-protection and legacy-building program focused on protecting wealth, preserving family futures, and building generational impact for underserved communities served by the organization.
- Financial Empowerment (Rent Builds Credit) Financial empowerment program that includes Rent Builds Credit, a partnership with NYCHA and Piñata that helps public housing residents build credit history through their rent payments.
- Workforce Development Workforce development program with initiatives such as appraisal training, focused on changing the face of appraisals and increasing diversity in the field.
- Homeownership Success Series Homebuyer education program that has equipped thousands of New Yorkers with the knowledge, resources, and support needed to achieve and sustain successful homeownership for over three decades.
- HUD Intermediary Program HUD-approved Housing Counseling Intermediary program dedicated to expanding access to quality housing counseling services throughout the New York metropolitan region and Upstate New York.
- Core Homeownership Program Program that advances sustainable homeownership through direct homebuyer education and strategic support for a network of high-performing nonprofit housing counseling agencies.
Quantifiable outcome
- Thousands of New Yorkers equipped with knowledge and resources to achieve and sustain homeownership
Companies that use New York Mortgage Coalition
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
New York Mortgage Coalition technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
New York Mortgage Coalition partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and flagship.
- New York City Housing Authority (NYCHA)coreAbode Alliance partnered with NYCHA and Piñata to launch the Rent Builds Credit program, enabling NYCHA residents to build credit through their rental payments. This partnership extends financial empowerment services to public housing residents.
- PiñatacoreCollaborated with Abode Alliance and NYCHA on the Rent Builds Credit initiative, providing technology infrastructure to help renters build credit history through on-time rent payments.
- U.S. Department of Housing and Urban Development (HUD)flagshipAbode Alliance is a HUD-approved Housing Counseling Intermediary program dedicated to expanding access to quality housing counseling services throughout the New York metropolitan region and Upstate New York.
- LenderscorePartnership with mortgage lenders supporting the homeownership programs, providing financing options and resources for homebuyers served by Abode Alliance education and counseling services.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
New York Mortgage Coalition competitors and assessment
Company assessmentDirect peers
- Chhaya Community Development Corporation: NYC-based nonprofit providing housing counseling, financial education, and foreclosure prevention to immigrant and low-income communities. Comparable as a regional HUD-approved housing counseling peer.
- Neighborhood Housing Services of New York City: A NYC-based HUD-approved housing counseling nonprofit providing homebuyer education, foreclosure prevention, and financial counseling to low- and moderate-income residents. Directly comparable in mission, geography, and HUD intermediary status.
- Center for NYC Neighborhoods: NYC-focused housing counseling intermediary coordinating foreclosure prevention and homeowner support services. Overlaps directly with Abode Alliance's Homeownership Success Series and foreclosure intervention programs.
- Make the Road New York: NYC-based nonprofit serving low-income immigrant communities with housing counseling, financial empowerment, and tenant support. Comparable in target population, services, and NYC focus.
- Habitat for Humanity - New York City: Affordable homeownership nonprofit serving NYC low-income families with homebuyer education, financial counseling, and homeownership pathways. Comparable in target demographic and homebuyer education focus, though distinct in building model.
Broad incumbents
- Local Initiatives Support Corporation (LISC): National nonprofit CDFI supporting affordable housing and community development, with strong NYC presence. Operates at much larger scale with broader mandate, including housing counseling intermediaries, lending, and community development investments.
- Enterprise Community Partners: National nonprofit focused on affordable housing, with significant NYC and NY State operations. Comparable in mission around expanding affordable homeownership and supporting HUD-aligned housing programs at much larger scale.
- National Community Reinvestment Coalition (NCRC): National umbrella organization promoting fair lending and housing counseling; directly comparable as a HUD counseling intermediary ecosystem participant with advocacy, training, and capacity-building functions.
Emerging players
- GreenPath Financial Wellness: National HUD-approved housing counseling and financial wellness nonprofit. Comparable in delivering financial counseling, housing counseling, and foreclosure prevention services, with a more technology-enabled service delivery model.
Regional players
- HomeFree-USA: National HUD-approved housing counseling intermediary focused on homebuyer education and financial counseling for underserved communities. Comparable in HUD intermediary model and homeownership education focus, with national rather than NYC concentration.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
New York Mortgage Coalition social profiles
Digital presenceNew York Mortgage Coalition financial estimates
Financial estimateRevenue estimate
Valuation estimate
New York Mortgage Coalition leadership team
Management profileNumber of profiles
New York Mortgage Coalition funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
New York Mortgage Coalition M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about New York Mortgage Coalition
What does New York Mortgage Coalition do?
New York Mortgage Coalition (now Abode Alliance) is a nonprofit housing counseling organization that delivers HUD-approved homebuyer education, financial empowerment, foreclosure intervention, and workforce development programs to low-to-moderate income individuals and families in Metro New York and Upstate New York. It operates as a Housing Counseling Intermediary, providing both direct counseling to consumers and strategic support to a network of nonprofit partner counseling agencies. Services are offered at low or no cost and are funded through grants, donations, and public funding.
Is New York Mortgage Coalition a public or private company?
New York Mortgage Coalition is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was New York Mortgage Coalition founded?
New York Mortgage Coalition was founded in 1993. It employs 51 to 100 people.
Where is New York Mortgage Coalition based?
New York Mortgage Coalition is headquartered in New York, United States, in the North America region.
How does New York Mortgage Coalition make money?
One revenue line is on record: foundation Grants and Donations.
Who are New York Mortgage Coalition's main competitors?
Direct peers on record are Chhaya Community Development Corporation, Neighborhood Housing Services of New York City, Center for NYC Neighborhoods, Make the Road New York and Habitat for Humanity - New York City. Broad incumbents are Local Initiatives Support Corporation (LISC), Enterprise Community Partners and National Community Reinvestment Coalition (NCRC). GreenPath Financial Wellness is listed as an emerging player. HomeFree-USA is listed as a regional player.
Does New York Mortgage Coalition have an API?
No public API is recorded for New York Mortgage Coalition.
What industry is New York Mortgage Coalition in?
New York Mortgage Coalition's product category is Nonprofit Housing Counseling Services. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAJAAAD, Affordable Housing & First-Time Buyer Brokerage. Its NAICS code is 624229 and its SIC code is 8600.