Habitat for Humanity Capital District

What Habitat for Humanity Capital District does

Habitat for Humanity Capital District is a 501(c)(3) nonprofit and local affiliate of Habitat for Humanity International, founded in 1988 and headquartered at 207 Sheridan Ave in Albany, New York. The organization builds, rehabilitates, and sells affordable homes to first-time homebuyers earning up to 80% of area median income across Albany, Rensselaer, and southern Saratoga Counties, with cumulative output of 185 homes over a 38-year operating history. Homes are constructed to ENERGY STAR standards using an emerging modular construction methodology (partner: Bill Lake Modular Homes) with all-electric, high-efficiency heat pump HVAC systems, then sold at approximately $130,000-$165,768 against market rates exceeding $313,000, with each unit requiring roughly $110,000 in subsidy funded through donations and grants. The organization also operates a 14,000 sq ft Habitat ReStore nonprofit home improvement store at 71 Fuller Rd in Albany, which sells donated furniture, building materials, and appliances at 50-75% off retail and generates roughly one-quarter of total revenue.

The business model blends earned revenue with philanthropy. Direct revenue comes from below-market home sales financed via 2% fixed-rate Habitat mortgages and ReStore retail/donation resale. The remaining ~75% of revenue is sourced from individual and corporate donations, government grants (notably a $3.79M ARPA award from the City of Albany in 2023 — the largest single grant in the organization's history — and ~$1M in combined HUD HOME and ARPA funding from the City of Troy in 2025), and corporate Team Build sponsorships (M&T Bank, GE HealthCare, Bank of America, Trane, Rosenblum Companies, NYSTEC, Nassau Financial Group). Construction financing is supported by Community Loan Fund of the Capital Region, and affordability is preserved in perpetuity through Albany Community Land Trust shared-equity governance.

Go-to-market is direct-to-consumer: prospective homebuyers apply through a structured program requiring income verification, homebuyer education, one-year Capital District residency, and sweat equity contribution, supported by First-Time Homeowners Workshops, the Capital Region Homebuyer Fair, and ongoing community outreach. Beyond new construction, the organization runs a Veterans Roof Project (in partnership with Owens Corning), an advocacy program (Habitat Voices in Action), neighborhood revitalization in Sheridan Hollow, Arbor Hill, and North Central Troy, and a multi-year global tithe commitment to Hábitat México. Strategic priorities are anchored by the '100 in 5' initiative to build 100 new homes in the City of Albany within five years.

Name

Habitat for Humanity Capital District

Legal name

Habitat for Humanity Capital District

Website

https://habitatcd.org

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Habitat for Humanity Capital District is a 501(c)(3) nonprofit affiliate that builds, rehabs, and sells ENERGY STAR-certified affordable homes at below-market prices to first-time homebuyers earning under 80% AMI across Albany, Rensselaer, and southern Saratoga Counties, supplemented by a ReStore retail operation and government, corporate, and donor funding.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

New Housing For-Sale Builders (236117), New Multifamily Housing Construction (except For-Sale Builders) (236116), Residential Building Construction (23611)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

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

akta.pro secondary industries

Residential Affordable Housing Development & Construction (IMAFABAI), Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA)

Keywords

• Affordable home construction
• Nonprofit housing services
• Homeownership program
• ReStore retail
• Neighborhood revitalization

Headquarters

HQ city

Albany

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Home Sales: Habitat builds and sells homes with affordable mortgages to first-time homebuyers. Homes are sold at prices significantly below market rate ($130,000-$165,768) with the gap subsidized through donations, grants, and fundraising. Average sales price around $131,000 with an average construction cost of $240,000 per home.
2. Habitat ReStore Retail Sales: Nonprofit home improvement store selling building materials, appliances, furniture, and home accessories at 50-75% off retail prices. Proceeds support Habitat's home construction mission. Items donated by individuals and businesses. ReStore sales account for nearly one-quarter of Habitat's revenue.
3. Donations and Fundraising: Individual and corporate donations support the organization's mission. Donors can give money through the website, subscribe for ongoing support, or participate in specific programs like the Carpenters Club. The Essential Housing Response Fund was established for emergency support.
4. Government Grants and Subsidies: Funding from government programs including HUD's HOME Program, American Rescue Plan Act awards, and various state programs. The $3.79 million ARPA award from the City of Albany is the largest single grant received.
5. Global Tithe Program: As part of Habitat for Humanity International, the affiliate sets aside a portion of unrestricted funds to support Habitat affiliates worldwide, including Habitat Mexico and the Orphans and Vulnerable Groups Fund.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Habitat for Humanity Capital District builds and sells affordable homes to low- and moderate-income first-time homebuyers in the Albany, Rensselaer, and southern Saratoga County region, with prices subsidized through donations and grants. The organization also operates the Habitat ReStore, a nonprofit home improvement discount store selling donated furniture, appliances, and building materials. Supporting programs include the Veterans Roof Project, neighborhood revitalization, and a corporate Team Builds partnership program.

Product overview

Habitat for Humanity Capital District operates as a single-brand nonprofit organization offering an integrated portfolio of affordable housing programs and services. The core offerings include home construction services (building affordable homes through innovative modular construction and ENERGY STAR certified designs), the Habitat ReStore retail operation (a nonprofit home improvement store selling discounted building materials and furniture), and a homeownership program that sells homes to qualifying first-time buyers. Supporting services include the Veterans Roof Project, neighborhood revitalization initiatives, advocacy for housing policy reform, and global impact through tithing to international Habitat affiliates. Volunteer and corporate partnership programs enable community engagement in construction activities, while the 100 in 5 initiative represents a strategic goal to build 100 homes in Albany within five years.

Differentiator

Problem solved

Functional benefit

Brands

• Habitat ReStore: Nonprofit home improvement store and donation center that sells building materials, appliances, furniture, and home accessories at reduced prices. Proceeds support Habitat's home building mission.

Products and services

• Homeownership Program
• Habitat ReStore
• Veterans Roof Project

Quantifiable outcome

• Built 185 homes in 38 years serving Albany, Rensselaer & southern Saratoga Counties
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

15 partnerships are on record, tiered core and minor.

• Albany Community Land TrustcoreStrategic or Co-development PartnerNonprofit partner that governs Habitat homes through shared equity homeownership model, keeping homes permanently affordable and land in community control. Homes are part of the Land Trust ensuring affordability for future generations.
• Albany Housing AuthoritycoreStrategic or Co-development PartnerPartner that donated land for the six Manning Blvd homes near the Ida Yarbrough apartments. Collaborative partnership to provide affordable housing options and create sustainable living environments.
• Bill Lake Modular HomescoreTechnology or IntegrationModular home manufacturer that built the four innovative townhomes in North Central Troy using modular construction methods that sped delivery while maintaining quality and durability.
• Owens Corning Roof Deployment ProjectcoreStrategic or Co-development PartnerNationwide program to honor veterans with new roofs. Partnered with Habitat to provide roofing for U.S. Marine Corps veteran Freddy Jimenezdejesus. Owens Corning Foundation donated materials.
• Pinnacle RoofingcoreImplementation/ SI/ Consulting PartnerOwens Corning Platinum Roofing Contractor that donated labor for veteran roof replacement project in partnership with Habitat.
• AllPhase Masonry and Chimney ServiceminorImplementation/ SI/ Consulting PartnerDonated labor for chimney work as part of the veteran roof replacement project.
• Sameday Seamless GuttersminorImplementation/ SI/ Consulting PartnerDonated and installed new gutters as part of the veteran roof replacement project for Freddy Jimenezdejesus.
• Arrow BankminorGTM or Marketing PartnerEvent sponsor for the First Time Homeowners Workshop, providing information on banking products built for first-time homeowners.
• HCR.NY.Gov (NY State)minorGTM or Marketing PartnerState agency providing information on state-backed funding and programs for first-time buyers at First Time Homeowners Workshop.
• AHPHome.org (Affordable Housing Partnership)minorGTM or Marketing PartnerLocal organization providing grant opportunities and roadmapping services for first-time homeowners at workshop events.
• Habitat for Humanity MexicocoreStrategic or Co-development PartnerMulti-year tithe commitment supporting Habitat Mexico's work including the kitchen program to construct six new kitchens. Global partnership through Habitat's international tithe program supporting families in Tlaxcala and beyond.
• TAP, Inc.coreTechnology or IntegrationArchitecture firm that designed the six Manning Blvd townhomes in Albany's Arbor Hill neighborhood.
• Capital StreetsminorGTM or Marketing PartnerOrganization hosting Community Walk & Talk events including visits to Habitat's Sheridan Hollow project to discuss neighborhood history and community investment.
• Sheridan Hollow Neighborhood AssociationminorStrategic or Co-development PartnerLocal neighborhood organization partnering on Sheridan Hollow Neighborhood Spruce Up event and ongoing community revitalization efforts.
• Troy Community Land BankcoreStrategic or Co-development PartnerProvided three parcels for the Park Ave townhome project in North Central Troy. Land bank helps facilitate affordable housing development.

Scale indicators9 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Habitat for Humanity Westchester: Regional Habitat affiliate serving Westchester County with an analogous affordable homeownership, ReStore, and neighborhood revitalization model — directly comparable operating footprint and revenue mix.
• Habitat for Humanity of Greater Rochester: New York State Habitat affiliate with a similar upstate regional scope, ReStore operations, and affordable home construction pipeline — direct structural peer in scale and program mix.
• Habitat for Humanity New York City: Another Habitat for Humanity affiliate operating an affordable homeownership program with subsidized home sales, ReStore retail, and volunteer-driven construction in a different New York metro market. Directly comparable business model and program structure.
• Habitat for Humanity Long Island: Long Island Habitat affiliate building affordable homes and operating ReStores under the same Habitat for Humanity model; comparable scale, mission, and customer base (LMI first-time homebuyers).

Emerging players

• Troy Community Land Bank: Provides parcels for affordable housing development, including the three lots Habitat used for the Park Ave townhomes; small-scale adjacent enabler with a shared mission of community-led affordable housing.
• Albany Community Land Trust: Albany-based community land trust partner that governs Habitat homes via shared-equity to keep them permanently affordable; overlapping customer base and direct operational partnership.

Broad incumbents

• NeighborWorks America: National network of affordable housing and community development nonprofits; comparable mission of producing affordable homeownership opportunities, though as a national intermediary rather than a direct builder/seller.
• Enterprise Community Partners: National nonprofit developer and investor in affordable housing that finances and develops subsidized rental and for-sale homes across the U.S.; operates at a much larger scale but shares the affordable housing development mission and federal funding relationships.
• Local Initiatives Support Corporation (LISC): National CDFI and community development organization financing affordable housing, including down-payment assistance programs that overlap with Habitat's homeownership pathway for LMI buyers.

Regional players

• Rural Ulster Preservation Company (RUPCO): New York State nonprofit housing developer creating affordable homes and revitalizing neighborhoods; comparable upstate NY focus, mixed-income development model, and government grant funding approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Habitatcd_org
• Facebookfacebook.com/HabitatCD
• LinkedInlinkedin.com/company/habitatcd

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Habitat for Humanity Capital District