Coastal Housing Partnership

What Coastal Housing Partnership does

Coastal Housing Partnership is a nonprofit organization founded in 1987 and headquartered at 735 State Street, Suite 216 in Santa Barbara, California. It provides housing benefits and educational services to employees of member companies operating primarily in Santa Barbara and Ventura Counties, with incremental presence in San Luis Obispo County. The organization's core products are the Home Buying Benefit (closing cost contributions from network agents), Mortgage Refinance Benefit (lender fee reductions), Rental Assistance Benefit (landlord discounts and rent reductions at partner properties such as Siena Apartments), a Rental Search Site (web-based listing platform with saved-search and notification functionality), and Home Buying Education delivered through seminars, webinars, and annual multi-city Home Buying Fairs. The underlying technology is described as standard web-based systems without proprietary or AI-enabled components.

The business model is membership-based: local employers pay an annual subscription fee to make CHP benefits available to their workforce, while employees access all benefits free of charge with no income or tenure restrictions. CHP curates a network of 250+ real estate professionals (agents, lenders, home inspectors) who contribute savings directly to member employees rather than paying CHP a cut. Go-to-market is sales-led through direct outreach to HR and benefits teams at prospective employers, supported by Lunch n' Learn presentations, benefits fair participation, and integration into member employer intranet and benefits handbooks. Marketing is augmented by organic social, email newsletters, and annual educational events.

Since inception, CHP reports that over 14,000 employees have become homeowners using its benefits and more than 16,000 have used its home buying education services, with current annual throughput of approximately 300 home purchases, 790 education users, and 190 rental assistance participants. The organization serves 50+ member employers (including Cottage Health, UCSB, Procore, Deckers Outdoor, CenCal Health, City and County of Santa Barbara, and Raytheon) covering 45,000+ employees. Leadership transitioned in August 2024 when Jon Peterson became Executive Director, succeeding Corby Gage who had served for over 30 years. CHP has no funding rounds, no subsidiaries, no M&A history, and operates with a 1-10 person internal team.

Name

Coastal Housing Partnership

Legal name

Coastal Housing Partnership

Website

https://coastalhousing.org

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

1–10 employees

Short description

Coastal Housing Partnership is a 1987-founded nonprofit headquartered in Santa Barbara that delivers housing benefits (home buying, mortgage refinance, rental assistance, education) to employees of 50+ member employers across Santa Barbara and Ventura Counties. Revenue comes from annual employer membership subscriptions; employees access all benefits free of charge.

Ownership category

akta.pro rank

Product category

Workforce Housing Benefits

NAICS

Other Community Housing Services (624229), Community Housing Services (62422)

SIC

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

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

Keywords

• Workforce housing benefits
• Employer housing programs
• Home buying assistance
• Rental assistance benefits
• Nonprofit housing services

Headquarters

HQ city

Santa Barbara

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Employer Membership Fees: Coastal Housing Partnership generates revenue through annual membership fees paid by local employers. Employers join as member companies to provide housing benefits to their employees. The membership model allows member company employees to access home buying benefits, rental assistance, mortgage refinancing benefits, and home buying education at no cost to the employee.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels10 records

Core offering

Coastal Housing Partnership is a nonprofit that delivers housing benefits to employees of member employers in Santa Barbara and Ventura Counties. Its core offerings include home buying benefits (closing cost contributions from network real estate agents), mortgage refinance benefits (lender fee reductions), rental assistance benefits (rent discounts and partner apartment discounts), and a rental search website. Supporting services include home buying education seminars and webinars, annual Home Buying Fairs, and a Letter of Authorization used to verify eligibility with network service partners.

Product overview

Coastal Housing Partnership operates as a nonprofit housing benefits provider offering a suite of services to employees of member companies in Santa Barbara and Ventura Counties. The organization functions as a centralized platform connecting local employees with housing-related benefits through a network of real estate professionals. Its core offerings include the Home Buying Benefit (closing cost savings), Mortgage Refinance Benefit (lender fee reductions), Rental Assistance Benefit (rent discounts), and a Rental Search Site for finding units. Supporting these direct benefits, the organization provides Home Buying Education programs including seminars and webinars, and organizes annual Home Buying Fairs as community events. A Letter of Authorization document verifies employee eligibility to access network partner benefits.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 14,000+ employees have become homeowners using CHP benefits since 1987
• +4 more outcomes

Named customers8 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered minor and core.

• The Towbes GroupminorOthers · 1 February 2015Property management company managing Siena Apartments in Santa Maria, which provides exclusive rental discounts to CHP members ($50 off one-bedroom, $75 off two-bedroom apartments).
• Network Service Partners (Real Estate Agents, Lenders, Home Inspectors)coreOthersNetwork of 250+ real estate professionals including real estate agents, mortgage lenders, and home inspectors who provide savings and services to member employees. These professionals contribute directly to employee transactions (e.g., agent credits for closing costs, lender fee reductions) rather than CHP taking a cut. Savings go directly to the employee.
• Member Employers (50+ companies)coreOthersLocal employers in Santa Barbara and Ventura Counties that pay annual membership fees to provide housing benefits to their employees. Member companies range from government agencies and healthcare systems to technology companies and educational institutions.
• Broadview MortgageminorOthersKey Sponsor for 2014 Home Buying Fair.
• Bank of the WestminorOthersWelcome Home Sponsor for 2014 Home Buying Fair.
• Cornerstone Home LendingminorOthersKey Sponsor for 2018 Home Buying Fair.
• Montecito Bank & TrustminorOthersKey Sponsor for 2017 Home Buying Fair.
• Advanced Vision ScienceminorOthersMember employer.
• AppFoliominorOthersMember employer.
• Cottage HealthminorOthersMember employer and employer sponsor for Home Buying Fairs.
• University of California Santa Barbara (UCSB)minorOthersMember employer and employer sponsor for Home Buying Fairs.

Scale indicators9 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Landed: Landed is a direct peer running an employer-assisted housing program that helps educators and other essential workers buy homes through down payment assistance partnerships with employers — the closest structural analog to Coastal Housing Partnership's model.
• The Housing Trust Silicon Valley: The Housing Trust Silicon Valley is a California nonprofit that partners with employers, cities, and lenders to deliver workforce housing programs, mirroring CHP's employer-membership approach in a different high-cost California region.

Others

• Habitat for Humanity of Ventura County: Local Habitat for Humanity affiliate operating in the same regional geography (Ventura County) with a related affordable homeownership mission, though using a sweat-equity and direct home-building model rather than employer partnerships.

Regional players

• EAH Housing: EAH Housing is a large California-based nonprofit developer and operator of affordable housing, comparable to CHP in mission (workforce housing access) but operating through ownership/development rather than a benefit-brokerage model.
• MidPen Housing: MidPen Housing is a Bay Area nonprofit affordable housing developer focused on creating workforce and family rental housing — sharing the workforce-housing mission with CHP but using a developer model rather than employer-membership benefits.
• BRIDGE Housing: BRIDGE Housing is a California-wide nonprofit housing developer producing affordable and workforce housing — comparable in nonprofit housing focus and California operating geography, but operating as an owner/developer rather than a benefit intermediary.

Emerging players

• Hello Wallet / SmartPath (employer financial wellness): Employer-paid financial wellness and housing benefits platforms that overlap with CHP's employer-channel distribution and housing-education content, competing for the same employer benefits budget.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/channel/coastalhousingpartnership
• Facebookfacebook.com/CoastalHousingPartnership
• LinkedInlinkedin.com/company/coastal-housing-partnership
• Instagraminstagram.com/coastalhousingpartnership
• Xx.com/homebuyingfair

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Coastal Housing Partnership