Housing Nantucket
- Company typePrivate
- Founded1994
- HeadquartersNantucket, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
Housing Nantucket firmographics
Firmographics- Name
- Housing Nantucket
- Legal name
- NHA Properties, Inc.
- Website
- https://housingnantucket.org
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Housing Nantucket industry classification
Industry- Product category
- Affordable Housing Services
- NAICS
- Residential Property Managers (531311), Lessors of Residential Buildings and Dwellings (53111), Lessors of Residential Buildings and Dwellings (531110), Real Estate Property Managers (53131), Lessors of Real Estate (5311)
- SIC
- Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531), Lessors Of Real Property, Nec (6519), Real Estate Operators (No Developers) & Lessors (6510)
- akta.pro primary industry
- Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)
- akta.pro secondary industries
- Multifamily Apartment Property Management (BPAJAFAA), Single-Family Rental (SFR) Property Management (BPAJAFAB), Affordable & Public Housing Asset Management (BPAJAMAI), Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ)
Keywords
Where Housing Nantucket is headquartered
LocationHeadquarters
- HQ city
- Nantucket
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Housing Nantucket business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Others
Revenue model
- Affordable Rental Income: Revenue from renting 62-63 affordable rental units to income-qualified year-round residents at below-market rates.
- Donations and Private Contributions: Tax-deductible donations from individuals, families, and organizations supporting affordable housing on Nantucket. Donations over $1,000 qualify for 50% Community Investment Tax Credit.
- Program and Service Fees: Operational income from program and service fees.
- Community Investment Tax Credits: State tax credits issued to Housing Nantucket that can be passed on to donors. In 2025 and 2026, allocation was $375,000.
- Community Preservation Act Funds: Project-specific grants using Community Preservation Act funds for rental housing stock development.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Wiggles Way Affordable Units - Monthly rents inclusive of electricity |
| One time/ perpetual license | Multi-year contract | Honeysuckle Drive Attainable Homes - For-sale homeownership opportunity |
| Other | Annual | Community Investment Tax Credits for donors |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Housing Nantucket product offering
Product offeringCore offering
Housing Nantucket is a 501(c)(3) nonprofit organization that develops, owns, and manages affordable rental and homeownership housing units for income-qualified year-round residents of Nantucket Island. It operates multiple rental properties, administers a Covenant Homes deed-restricted resale program, runs housing lotteries, and provides homebuyer education, along with a House Recycling Program that rehabilitates donated homes for resale to locals.
Product overview
Housing Nantucket is a 501(c)(3) nonprofit organization (NHA Properties, Inc.) founded in 1994, dedicated to ensuring equitable access to rental and homeownership solutions for Nantucket's year-round community. The organization operates a portfolio of interconnected housing programs including the Affordable Rental Program (62-63 units from studios to 4-bedroom homes), the Covenant Homes Program (permanent deed-restricted homeownership), Wiggles Way (22-unit mixed-income development), Honeysuckle Drive (attainable homeownership), House Recycling Program (relocating structures for affordable reuse), Sandpiper Place lottery, First-Time Homebuyer Education classes, Lease to Locals, and Ready-to-Rent application list. Programs serve households earning 50-240% of Area Median Income.
Differentiator
Problem solved
Functional benefit
Products and services
- Affordable Rental Program
Quantifiable outcome
- 116 covenant homes created for year-round residents since 2003
- +3 more outcomes
Companies that use Housing Nantucket
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles2 records
Housing Nantucket technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Housing Nantucket partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, major and supporting.
- Community Foundation for NantucketcoreKey community partner providing grant funding to support housing programs and services for the Nantucket year-round community.
- ReMain NantucketcoreSignificant supporter providing funding for key projects including solar installations at Wiggles Way for net-zero energy usage.
- Richmond Great Point Development / Richmond CompanymajorDesign-build partnership for housing projects including Honeysuckle Drive (3 BR homeownership opportunities) and other developments.
- Town of Nantucket Affordable Housing TrustcorePublic partner providing funding through Town Meeting appropriations ($84M+ awarded) and land for affordable housing development.
- Massachusetts Clean Energy Center (MassCEC)supportingPartner supporting solar installations on affordable rental properties to reduce energy costs for tenants.
- Massachusetts Department of Environmental Protection (MassDEP)supportingProvided Gap Energy Grant for solar installations at Wiggles Way and supported site visit activities.
- Massachusetts General CourtcoreChapter 301 of Acts of 2002 acknowledged Nantucket's housing crisis and authorized service to households up to 150% AMI.
- Housing Assistance CorporationsupportingHyannis-based partner providing Money Matters financial literacy class used in Housing Nantucket's financial education programming.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Housing Nantucket competitors and assessment
Company assessmentBroad incumbents
- Pennrose: National affordable housing developer and property manager with significant Massachusetts presence. Builds and manages mixed-income, LIHTC-financed multifamily communities, comparable to Wiggles Way and future Housing Nantucket developments.
- The Community Builders: Large nonprofit developer and property manager of affordable multifamily housing across Massachusetts and the Northeast. Operates at much greater scale than Housing Nantucket with similar mixed-income, LIHTC-financed development approach.
Regional players
- Dukes County Regional Housing Authority: Public housing authority serving Martha's Vineyard with federal public housing, vouchers, and affordable rental programs. Comparable to Nantucket Housing Authority as a public-sector peer on a neighboring island with similar high-cost, seasonal-pressure dynamics.
Direct peers
- Island Housing Trust: Nonprofit affordable housing organization on Martha's Vineyard operating year-round rental, homeownership, and community housing programs. Closely comparable to Housing Nantucket as the only other island-based affordable housing nonprofit in Massachusetts with similar deed-restricted covenant models.
- Nantucket Housing Authority: Public housing authority serving Nantucket's low-income residents through federal public housing and Section 8 vouchers. Operates alongside Housing Nantucket on the same island, addressing a similar but lower-AMI population with a different (public-sector) funding model.
- Housing Assistance Corporation: Cape Cod-based nonprofit providing affordable housing, homelessness prevention, and financial literacy (Money Matters). Direct partner with Housing Nantucket for homebuyer education and addresses the broader regional Cape & Islands workforce housing need with overlapping programs.
- Habitat for Humanity of Cape Cod: Regional Habitat affiliate building affordable single-family homes for low-income buyers on Cape Cod. Comparable model of deed-restricted homeownership for year-round residents in high-cost coastal Massachusetts markets.
Others
- Massachusetts Housing Partnership: Statewide public nonprofit providing financing, technical assistance, and policy support for affordable housing in Massachusetts. Functions as an ecosystem enabler for organizations like Housing Nantucket rather than a direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Housing Nantucket social profiles
Digital presenceHousing Nantucket financial estimates
Financial estimateRevenue estimate
Valuation estimate
Housing Nantucket leadership team
Management profileNumber of profiles
Profiles4 records
Housing Nantucket funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Housing Nantucket 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 Housing Nantucket
What does Housing Nantucket do?
Housing Nantucket is a 501(c)(3) nonprofit organization that develops, owns, and manages affordable rental and homeownership housing units for income-qualified year-round residents of Nantucket Island. It operates multiple rental properties, administers a Covenant Homes deed-restricted resale program, runs housing lotteries, and provides homebuyer education, along with a House Recycling Program that rehabilitates donated homes for resale to locals.
Is Housing Nantucket a public or private company?
Housing Nantucket is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Housing Nantucket founded?
Housing Nantucket was founded in 1994. It employs 1 to 10 people.
Where is Housing Nantucket based?
Housing Nantucket is headquartered in Nantucket, United States, in the North America region.
How does Housing Nantucket make money?
Five revenue lines are on record. Affordable Rental Income is the primary driver. The others are donations and Private Contributions, program and Service Fees, community Investment Tax Credits and community Preservation Act Funds.
Who are Housing Nantucket's main competitors?
Broad incumbents on record are Pennrose and The Community Builders. Dukes County Regional Housing Authority is listed as a regional player. Direct peers are Island Housing Trust, Nantucket Housing Authority, Housing Assistance Corporation and Habitat for Humanity of Cape Cod. Massachusetts Housing Partnership is listed as an others.
Does Housing Nantucket have an API?
No public API is recorded for Housing Nantucket.
What industry is Housing Nantucket in?
Housing Nantucket's product category is Affordable Housing Services. Its primary akta.pro industry code is BPAJAFAD, Affordable & Subsidized Housing Property Management (LIHTC, Section 8), with a secondary code of BPAJAFAA, Multifamily Apartment Property Management. Its NAICS code is 531311 and its SIC code is 6513.