HomeSource east tennessee

What HomeSource east tennessee does

HomeSource East Tennessee (legal entity Knox Housing Partnership Inc., 501(c)(3), founded 1988 in Knoxville, TN) is a HUD-approved housing counseling agency and chartered member of NeighborWorks America, operating as one of 92 nationally recognized HomeOwnership Centers. It delivers a cradle-to-cradle housing services stack for low-to-moderate-income households, first-time homebuyers, at-risk homeowners, and seniors 55+/62+ in East Tennessee. Core programs include Homebuyer Education (8-hour THDA-certified curriculum, $99), Financial Capabilities/Financial Fitness (4-week workshop, $75-$100), Pre-Purchase and Post-Purchase Counseling, and free HUD-approved Foreclosure & Mortgage Default Counseling, all delivered through a centralized HomeOwnership Center and supported by an eHomeAmerica online channel and a wholly-owned nonprofit brokerage, Tennessee Valley Realty LLC.

The organization is also a real estate developer and operator. It owns and manages 200+ rental units across multiple LEED-certified (one Platinum, one Gold) properties including Riverbirch Village (40-unit senior), Willow Place (20-unit senior), Blueberry Ridge (30-unit senior 62+), Normandy Chateau (36 units), Applewood (20 units), Dutch Valley View (6 units), and Victoria/Countryside/Parktop apartments. Technology underpinning the portfolio is energy-efficient smart building practices and LEED/ENERGY STAR certification rather than software platforms, with routine use of mainstream SaaS (Bloomerang, SignNow, Microsoft Forms) for donations, e-signature, and tenant surveys.

The revenue model is a hybrid of government grants (HUD, THDA, City of Knoxville, Knox County, Federal Home Loan Bank of Cincinnati, USDA Rural Development), corporate and bank foundation donations (JPMorgan Chase, Bank of America, Truist, Regions, Pinnacle, Home Federal, First Tennessee, Commercial Bank, Southeast Bank, Clayton Bank and Trust), small-dollar program fees, and recurring rental income from the owned portfolio. Go-to-market is community-led and partner-referred, with no public revenue disclosure. Active 2025 expansion includes the Willow Place III 30-unit senior project in Karns and a $310,122 grant from Fahe.

Name

HomeSource east tennessee

Legal name

Knox Housing Partnership Inc.

Website

https://homesourcetn.org

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

HomeSource East Tennessee is a Knoxville-based 501(c)(3) HomeOwnership Center providing HUD-approved housing counseling, homebuyer education, foreclosure prevention, and 200+ units of LEED-certified affordable and senior rental housing across East Tennessee.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Residential Property Managers (531311), Other Activities Related to Real Estate (531390)

SIC

Real Estate Agents & Managers (For Others) (6531), Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Affordable Housing Property Management (BPAJAGAJ)

akta.pro secondary industries

Senior & Assisted Living Residential Property Management (BPAJAFAE), Affordable Housing & First-Time Buyer Brokerage (BPAJAAAD)

Keywords

• Affordable housing services
• Housing counseling programs
• Homebuyer education
• Foreclosure prevention counseling
• Affordable rental housing

Headquarters

HQ city

Knoxville

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Government Grants and Funding: Federal, state, and local government grants including funds from City of Knoxville, Knox County, Tennessee Housing Development Agency (THDA), National Foreclosure Mitigation Counseling Program, and NeighborWorks America.
2. Private Donations: Individual and corporate donations accepted through online platforms like Bloomerang, with AmazonSmile program support.
3. Program Fees: Fees for Homebuyer Education ($99), Financial Capabilities ($75 individual, $100 couples), Pre-Purchase Counseling (free with other programs), Foreclosure Counseling (free), High Cost Mortgage counseling ($300).
4. Banking Partner Support: Support from private lenders including First Tennessee, Regions, Clayton Bank, SunTrust, Bank of America, Home Federal Bank, US Bank, Commercial Bank, JPMorgan Chase, and Pinnacle Financial Partners for affordable development projects.
5. Real Estate Operations: Rental income from over 200 owned rental units including apartments and senior housing communities throughout East Tennessee.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

HomeSource East Tennessee is a nonprofit HomeOwnership Center and HUD-approved housing counseling agency that provides comprehensive housing services in East Tennessee. Its core offerings include HUD-approved homebuyer education, financial capabilities coaching, pre-purchase and post-purchase counseling, foreclosure and mortgage default counseling, affordable rental housing across 200+ owned units, and real estate development of single-family and multi-family properties. The organization also operates Tennessee Valley Realty LLC as an in-house nonprofit real estate brokerage supporting the homebuyer journey.

Product overview

HomeSource east tennessee is a nonprofit HomeOwnership Center providing sustainable housing opportunities in East Tennessee through a portfolio of interconnected services. The core offerings include housing counseling programs (Homebuyer Education, Financial Capabilities/Financial Fitness, Pre-Purchase and Post-Purchase Counseling, Foreclosure Prevention) that guide residents from initial financial preparation through homeownership. These counseling services are complemented by Tennessee Valley Realty LLC, the organization's in-house real estate brokerage. The organization also develops and manages affordable rental housing through multiple communities (Riverbirch Village, Willow Place, Blueberry Ridge, Normandy Chateau, Applewood, Dutch Valley View, Victoria/Countryside/Parktop) serving seniors and families, and conducts real estate development creating new single-family homes and multi-family units. Smart Building Practices and energy-efficient design (LEED, ENERGY STAR) underpin the physical properties. The eHomeAmerica online platform extends the Homebuyer Education program for remote access. Together, these services form a comprehensive cradle-to-cradle housing ecosystem covering financial readiness, home purchase, property management, and ongoing homeownership support.

Differentiator

Problem solved

Functional benefit

Products and services

• Homebuyer Education Program

Quantifiable outcome

• 42% reduction in foreclosure risk for clients who complete Homeowner Education classes
• +4 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and supporting.

• NeighborWorks AmericacoreStrategic or Co-development Partner · 1 December 1998HomeSource is a chartered member of NeighborWorks America network, one of 247 organizations nationally and one of 92 HomeOwnership Centers. This partnership provides access to training, funding, program support, and network resources for affordable housing and community development.
• City of KnoxvillecoreStrategic or Co-development PartnerLocal government partner providing funding through Community Development Department for affordable housing projects and rehabilitation programs.
• Knox CountycoreStrategic or Co-development PartnerCounty government partner providing HOME grants and other funding for affordable housing developments like Blueberry Ridge and Victoria Apartments.
• Tennessee Housing Development Agency (THDA)coreStrategic or Co-development PartnerState housing agency providing Low Income Housing Tax Credits, Housing Trust Fund, down payment assistance programs, and funding for senior housing developments like Willow Place.
• FAHE (Foundation for Appalachian Housing)supportingStrategic or Co-development PartnerRegional partner providing foreclosure mitigation counseling program funding and support services.
• USDA Rural DevelopmentsupportingStrategic or Co-development PartnerFederal agency partner supporting rural housing initiatives and development programs.
• U.S. Department of Housing and Urban Development (HUD)coreStrategic or Co-development PartnerFederal department providing HUD-approved counseling agency status, foreclosure counseling programs, and regulatory oversight.
• AmeriCorpssupportingStrategic or Co-development PartnerNational service program providing volunteer support and community development assistance.
• U.S. Green Building CouncilsupportingStrategic or Co-development PartnerMember organization supporting LEED certification for green building practices in housing developments.
• eHomeAmericasupportingTechnology or IntegrationOnline education platform partnership allowing homebuyers to complete education courses at their own pace from home, integrated with HomeSource counseling services.
• Home Matters AmericasupportingStrategic or Co-development PartnerNational movement partner promoting safe, secure and affordable housing for all people.

Scale indicators10 records

Recent moves8 records

Expansion highlights4 records

Regional players

• Chattanooga Neighborhood Enterprise (CNE): CNE is a Chattanooga-based nonprofit Community Housing Development Organization providing homeownership counseling, homebuyer education, and affordable rental housing in a neighboring Tennessee market — a close operational and geographic comparable to HomeSource.

Direct peers

• Thistle Communities (formerly Charlotte Mecklenburg Housing Partnership): Thistle Communities is a NeighborWorks-affiliated nonprofit providing homebuyer education, foreclosure counseling, and affordable rental housing in the Charlotte region — a strong structural and operational comparable to HomeSource.
• Knoxville Habitat for Humanity: Knoxville Habitat for Humanity is a regional nonprofit that builds affordable housing and provides homebuyer education in the same Knox County market, directly overlapping with HomeSource's mission of affordable housing access and counseling.
• Atlanta Neighborhood Development Partnership (ANDP): ANDP is a Georgia-based nonprofit that provides homebuyer education, foreclosure prevention counseling, and develops/manages affordable rental housing — directly comparable mission, services, and NeighborWorks-style model to HomeSource.

Broad incumbents

• Local Initiatives Support Corporation (LISC): LISC is a national nonprofit CDFI that finances affordable housing and community development across the U.S., overlapping with HomeSource's affordable housing development, counseling, and community revitalization activities at scale.
• NeighborWorks America: NeighborWorks America is the national network of which HomeSource is a chartered member, providing funding, training, and standards to 247 member organizations including 92 HomeOwnership Centers — the umbrella incumbent in HomeSource's space.
• Enterprise Community Partners: Enterprise is a major national nonprofit that invests in affordable housing development and policy — a broad incumbent comparable to HomeSource's affordable rental and community development activities.

Emerging players

• NACA (Neighborhood Assistance Corporation of America): NACA is a national nonprofit providing homebuyer counseling, advocacy, and affordable mortgage origination — a direct overlap with HomeSource's Homebuyer Education and Pre-Purchase Counseling services, though at much larger scale.

Others

• Tennessee Housing Development Agency (THDA): THDA is the state housing finance agency providing Low Income Housing Tax Credits, Housing Trust Fund, and homebuyer education certification to organizations including HomeSource — a direct funding and programmatic peer.
• Fahe (Foundation for Appalachian Housing): Fahe is a regional intermediary providing funding, training, and support to affordable housing nonprofits in Appalachia — directly comparable as a partner/funding peer of HomeSource, including the $310,122 grant provided in November 2025.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HomeSourceTN
• Facebookfacebook.com/HomeSourceTN
• LinkedInlinkedin.com/company/homesource-east-tennessee

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

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 →

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