Addison Housing Works
Addison Housing Works is a Vermont nonprofit that owns, develops, and manages permanently affordable housing for seniors, working families, and extremely low-income households across Addison County, operating 600+ units with rental assistance and resident support services.
- Company typePrivate
- Founded1989
- HeadquartersVergennes, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Addison Housing Works does
Addison Housing Works is a nonprofit organization serving as Addison County, Vermont's primary owner, developer, and manager of permanently affordable housing. Founded in 1989 as Addison County Community Trust and rebranded to Addison Housing Works in 2024, the organization operates a portfolio of more than 600 housing units across Vergennes, Middlebury, Bristol, and Starksboro. Its residents include seniors aging in place, working households earning approximately $37,000 annually, people with disabilities, and extremely low-income households, with roughly 70% receiving federal rental assistance. AHW runs a community land trust model through shared equity resale restrictions that structurally prevent conversion to market rate, supported by Vermont Housing & Conservation Board and Vermont Community Loan Fund partnerships.
The organization's core products span three categories: multifamily apartment communities (Valley View Apartments acquired June 2026, Armory Lane's 49 senior units, and Firehouse Apartments developed in 2024), manufactured home communities (Hillside Manor's 29 lots in Starksboro, Lindale), and shared equity homeownership (Stonecrop Meadows). Beyond physical housing, AHW delivers resident support services including SASH (Support and Services at Home) for seniors, a Family Support Program, and a Community Gardens program spanning 83 garden beds across 11 properties. The technology stack is minimal, consisting primarily of a computerized work order management system for property maintenance tracking, reflecting operational focus on brick-and-mortar housing rather than digital products.
AHW's revenue model combines three streams: rental income from its affordable housing portfolio (residents pay an average of $731/month out of pocket versus market rates of $1,250/month), government and foundation grants for both operations and capital projects, and donations collected through Network for Good and community events such as the annual block party. Property acquisitions and infrastructure improvements are funded through capital stacking from state partners (VHCB provided over $4 million across recent projects), social impact loans (VCLF $500,000), and congressional directed spending routed through the EPA Clean Water State Revolving Fund ($1.2 million). The 8-person staff executes direct-to-consumer leasing via the organization's website, with waitlists consistently exceeding available inventory.
Addison Housing Works firmographics
Firmographics- Name
- Addison Housing Works
- Legal name
- Addison Housing Works
- Website
- https://addisonhousingworks.org
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Addison Housing Works is a Vermont nonprofit that owns, develops, and manages permanently affordable housing for seniors, working families, and extremely low-income households across Addison County, operating 600+ units with rental assistance and resident support services.
- Ownership category
- akta.pro rank
Addison Housing Works industry classification
Industry- Product category
- Affordable Housing Services
- NAICS
- Rental and Leasing Services (532), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233)
- SIC
- Operators Of Apartment Buildings (6513), Non-Operating Establishments (9995)
- akta.pro primary industry
- Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)
- akta.pro secondary industries
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Residential Affordable Housing Development & Construction (IMAFABAI)
Keywords
Where Addison Housing Works is headquartered
LocationHeadquarters
- HQ city
- Vergennes
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Addison Housing Works business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Rental Income: AHW generates rental income from its portfolio of affordable apartments and manufactured home lots. Rent is set based on resident income through federal housing assistance programs, with residents typically paying $731/month out of pocket on average against a market rate of $1,250/month.
- Grants and Government Funding: As a nonprofit affordable housing organization, AHW receives significant funding from government agencies and foundations including Vermont Housing & Conservation Board, Vermont Community Loan Fund, and congressional directed spending awards.
- Donations: AHW accepts donations through Network for Good platform and during events like the annual block party and community celebrations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Income-Based Affordable Housing Rent |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
Addison Housing Works product offering
Product offeringCore offering
Addison Housing Works owns, develops, and manages permanently affordable rental apartments, manufactured home communities, and shared equity homeownership units across Addison County, Vermont. The organization serves seniors, working families, people with disabilities, and extremely low income households through income-based rents and federal rental assistance, supplemented by resident support services such as the SASH program, Family Support Program, and Community Gardens.
Product overview
Addison Housing Works is Addison County, Vermont's primary nonprofit owner, developer, and manager of permanently affordable housing. The organization offers a portfolio of housing products including multifamily apartments (such as Valley View Apartments, Armory Lane, and Firehouse Apartments), manufactured home communities (including Hillside Manor and Lindale), and shared equity homeownership programs. Beyond housing units, the organization provides resident support services including the SASH (Support and Services at Home) program for seniors, a Family Support Program for community engagement and service coordination, and a Community Gardens Program spanning 11 properties. The organization operates across Vergennes, Middlebury, Bristol, and Starksboro, maintaining partnerships with the Vermont Housing & Conservation Board and Vermont Community Loan Fund.
Differentiator
Problem solved
Functional benefit
Products and services
- Affordable Apartments Multifamily affordable apartment communities serving families, seniors, and individuals across Addison County, Vermont, with rental rates based on income. Includes named properties such as Valley View Apartments (24 senior homes), Armory Lane (49 senior homes), and Firehouse Apartments (20 homes in Bristol).
- Manufactured Housing Communities Manufactured housing communities providing affordable homeownership opportunities in rural Addison County, including Hillside Manor (29 lots in Starksboro) and Lindale Manufactured Housing Community.
Quantifiable outcome
- Residents pay average $731/month vs market rate $1,250/month
- +3 more outcomes
Companies that use Addison Housing Works
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles4 records
Addison Housing Works technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Addison Housing Works partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor.
- Middlebury CollegeminorStudent partnership program through MiddWorks where students are matched with AHW to research pressing regional housing and affordability issues. Includes Privilege and Poverty internship program.
- CVOEO (Champlain Valley Office of Economic Opportunity)minorCollaboration on landlord/tenant resources and fair housing education. CVOEO hosted informational sessions for landlords across Addison County in partnership with AHW.
- Deppman LawminorPresenting sponsor of the AHW Neighborhood Block Party 2026.
- Otter Creek EngineeringminorPresenting sponsor of the AHW Neighborhood Block Party 2026.
- Vergennes American Legion Post #14minorVenue host for the AHW Neighborhood Block Party 2026 event.
- National Bank of MiddleburyminorHost location for AHW board meetings.
- One Credit UnionminorHost location for AHW board meetings.
Scale indicators10 records
Recent moves7 records
Expansion highlights5 records
Addison Housing Works competitors and assessment
Company assessmentDirect peers
- Cathedral Square Corporation: Vermont nonprofit that develops and manages affordable housing for seniors and people with disabilities, including the SASH (Support and Services at Home) program — the same program AHW offers to its residents. Highly comparable on senior housing model and resident support services.
- NeighborWorks of Western Vermont: Nonprofit affordable housing organization serving western Vermont counties with rental and homeownership programs. Operates in adjacent Vermont geographies with similar resident demographics and funding sources as AHW.
- Downstreet Housing & Community Development: Central Vermont nonprofit affordable housing organization developing and managing rental and shared-equity homeownership properties across Washington and Orange counties. Closely comparable in scale, geographic context (rural Vermont), and CLT-style ownership model.
- Lamoille Housing Partnership: Vermont nonprofit affordable housing developer and operator serving Lamoille County. Comparable in scale, rural Vermont operating context, and reliance on VHCB and federal housing subsidies.
- RuralEdge (formerly Gilman Housing Trust): Northeast Kingdom Vermont nonprofit affordable housing provider offering rental, homeownership, and resident services across rural Vermont counties. Operates a similar community-based affordable housing model with comparable funding sources (VHCB, federal programs).
- Twin Pines Housing Trust: Vermont-based community land trust operating in White River Junction and surrounding communities, providing permanently affordable housing through a shared-equity homeownership model. Comparable to AHW in mission and Vermont operating context.
- Champlain Housing Trust: Burlington, Vermont-based community land trust and affordable housing nonprofit operating a similar model of permanently affordable rental and shared-equity homeownership across northwestern Vermont. Directly comparable as a Vermont CLT with mixed-income rental, homeownership, and resident services programming.
Regional players
- Brattleboro Housing Authority: Vermont public housing authority managing federally subsidized rental properties in southern Vermont. Comparable as a Vermont affordable housing operator but funded through public housing authority structure rather than the community land trust model.
- Habitat for Humanity of Addison County: Affordable homeownership nonprofit serving the same Addison County geography as AHW, focused on building and selling affordable homes. Comparable mission but distinct model (homeownership only, no rental portfolio).
Others
- CVOEO (Champlain Valley Office of Economic Opportunity): Vermont regional antipoverty nonprofit that partners with AHW on landlord-tenant education and fair housing. Not a direct competitor but operates in the same Addison County service ecosystem with overlapping resident populations.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Addison Housing Works social profiles
Digital presenceAddison Housing Works financial estimates
Financial estimateRevenue estimate
Valuation estimate
Addison Housing Works leadership team
Management profileNumber of profiles
Profiles10 records
Addison Housing Works funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Addison Housing Works 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 Addison Housing Works
What does Addison Housing Works do?
Addison Housing Works owns, develops, and manages permanently affordable rental apartments, manufactured home communities, and shared equity homeownership units across Addison County, Vermont. The organization serves seniors, working families, people with disabilities, and extremely low income households through income-based rents and federal rental assistance, supplemented by resident support services such as the SASH program, Family Support Program, and Community Gardens.
Is Addison Housing Works a public or private company?
Addison Housing Works is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Addison Housing Works founded?
Addison Housing Works was founded in 1989. It employs 1 to 10 people.
Where is Addison Housing Works based?
Addison Housing Works is headquartered in Vergennes, United States, in the North America region.
How does Addison Housing Works make money?
Three revenue lines are on record. Rental Income is the primary driver. The others are grants and Government Funding and donations.
Who are Addison Housing Works's main competitors?
Direct peers on record are Cathedral Square Corporation, NeighborWorks of Western Vermont, Downstreet Housing & Community Development, Lamoille Housing Partnership, RuralEdge (formerly Gilman Housing Trust), Twin Pines Housing Trust and Champlain Housing Trust. Regional players are Brattleboro Housing Authority and Habitat for Humanity of Addison County. CVOEO (Champlain Valley Office of Economic Opportunity) is listed as an others.
Does Addison Housing Works have an API?
No public API is recorded for Addison Housing Works.
What industry is Addison Housing Works in?
Addison Housing Works'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 BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts). Its NAICS code is 532 and its SIC code is 6513.