Saratoga Springs Housing Authority

What Saratoga Springs Housing Authority does

Saratoga Springs Housing Authority (SSHA) is a federally funded, New York State-chartered public housing agency established in 1952 and headquartered at 1 South Federal Street, Saratoga Springs, NY. The Authority administers HUD-regulated Public Housing and Section 8 Housing Choice Voucher programs serving low- and moderate-income individuals, families, seniors (62+), veterans, and persons with disabilities in the City of Saratoga Springs. SSHA operates a portfolio of eight distinct properties — Jefferson Terrace, Vanderbilt Terrace, Stonequist Apartments LLC, Embury Apartments, Promenade Apartments, SRDI, 36 Allen Drive, and Springs West Apartments — totaling 339 publicly-owned units plus 155 Project-Based Vouchers at Embury, with a sustained 98% occupancy rate.

The Authority's core technology is a HUD-compliant public housing management system anchored by RAD (Rental Assistance Demonstration) conversion infrastructure, executed at Stonequist in 2023. Digital infrastructure is modest: a PHA-Web tenant portal for online rent payments and the New York State Section 8 applicant portal for waitlist tracking. Resident allocation is governed by a centralized waitlist with preference points for veterans, domestic violence victims, persons with disabilities receiving SSI/SSD, seniors, and working households. Properties are operated by a 14-person staff under an Executive Director, reporting to a seven-member Board of Commissioners (five mayoral appointees and two resident-elected commissioners).

SSHA's revenue model is federally subsidized on both the supply and demand sides. Tenant rent is calculated at approximately 30% of adjusted monthly income per HUD regulations. The Authority receives HUD federal funding for public housing operations and capital, administers 155 Project-Based Vouchers at Embury Apartments, and operates newer LIHTC-financed properties (Stonequist, Promenade, SRDI, Springs West) with income targeting at 50%, 60%, and 80% of Area Median Income. The Authority is not a private enterprise: it has no parent company, no investors, and no M&A activity, having operated as a standalone government entity since 1952. Growth is delivered through HUD-funded new construction and RAD conversions rather than market-driven expansion.

Name

Saratoga Springs Housing Authority

Legal name

Saratoga Springs Housing Authority

Website

https://saratogaspringspha.org

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

1–10 employees

Short description

Saratoga Springs Housing Authority is a federally funded public housing agency administering HUD public housing and Section 8 programs for low- and moderate-income residents in Saratoga Springs, NY. It owns and operates 339 housing units across eight properties at 98% occupancy with a 14-person staff.

Ownership category

akta.pro rank

Product category

Public Housing

NAICS

Administration of Housing Programs (925110)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA)

akta.pro secondary industries

Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ), Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

Keywords

• Public housing programs
• Affordable housing services
• Section 8 vouchers
• Low-income rental assistance
• Senior housing apartments

Headquarters

HQ city

Saratoga Springs

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure

Revenue model

1. Public Housing Rental Income: Rental income from 339 SSHA-owned housing units. Rent is calculated as approximately 30% of monthly adjusted income based on household gross annual income less HUD-regulated deductions.
2. HUD Funding: Federally funded through the U.S. Department of Housing and Urban Development (HUD) for housing and community development programs.
3. Section 8 Housing Assistance: Project Based Vouchers for 155 units at Embury Apartments, providing housing subsidy in private rental market.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Saratoga Springs Housing Authority is a federally funded, New York State-chartered public housing agency that owns and manages 339 affordable housing units across eight properties in Saratoga Springs, NY, and administers HUD-regulated Public Housing and Section 8 Housing Choice Voucher programs. It provides income-based rental housing (approximately 30% of adjusted income) to low- and moderate-income individuals, families, seniors, veterans, and persons with disabilities, operating through a waitlist application system with preference points for qualifying populations.

Product overview

Saratoga Springs Housing Authority operates as a federally-funded public housing agency offering multiple housing programs and managing eight distinct housing properties across Saratoga Springs, NY. The core offerings include Public Housing (rental assistance in SSHA-owned properties) and Section 8 Housing Choice Vouchers (subsidies for private market rentals). The housing portfolio consists of: Jefferson Terrace and Vanderbilt Terrace (family housing sites); Stonequist Apartments LLC (senior/mixed-income high-rise with 176 units); Embury Apartments (senior apartments for ages 62+); Promenade Apartments (new mixed-unit development); SRDI (income-targeted family housing); 36 Allen Drive; and Springs West Apartments (workforce housing). Supporting digital services include a Tenant Portal for online rent payments and a Housing Applicant Portal for application tracking. The Authority was established in 1952 and currently employs 14 staff members serving approximately 339 housing units.

Differentiator

Problem solved

Functional benefit

Products and services

• Public Housing Federally-funded affordable housing program providing rental assistance in SSHA-owned properties including Jefferson Terrace, Vanderbilt Terrace, and Stonequist Apartments LLC. Rent is calculated as approximately 30% of monthly adjusted income based on household gross annual income less HUD-regulated deductions.
• Section 8 Housing Choice Voucher Program Federal voucher program providing housing subsidy for low-income families to rent in the private market, with the voucher holder paying approximately 30% of adjusted income. SSHA administers Project Based Vouchers for 155 units at Embury Apartments.
• Jefferson Terrace Family housing site constructed in 1952, consisting of 19 buildings housing 75 units, with additional units at Jefferson II (1962) with 9 buildings and 30 units. Features include handicap accessible apartments, maintenance garage, playground, Head Start office, and laundry room.
• Vanderbilt Terrace Family housing site constructed in 1970, consisting of 15 buildings housing 58 units. Features include handicap accessible apartments, maintenance garage, playground, Head Start office, and laundry room.
• Stonequist Apartments LLC A 10-story high-rise building constructed in 1970 with 176 units (108 Studio and 68 one-bedroom units). Underwent RAD conversion in 2023 with full reconstruction. Features include community room with multi-media center, fitness room, laundry, and on-site management. Income-qualified for LIHTC at 50% or 60% AMI.
• Embury Apartments (Section 8 Senior Housing) Affordable senior apartments for residents 62 and over, featuring emergency alarm and sprinkler systems, new kitchens, appliances, and spacious walk-in showers with grab bars. Located at 133 Lawrence Street with 155 Project Based Vouchers.
• Promenade Apartments New construction development with 63 total rental units including a 4-story mid-rise building with 41 one and two-bedroom apartments and 3 townhouse buildings with 22 one, two, and three-bedroom apartments.
• SRDI Housing Development 24-unit housing development project consisting of two 12-unit two-story buildings with associated infrastructure. Units targeted to households at or below 80% AMI, with 5 units under 50% AMI, 5 units under 60% AMI, and 14 units under 80% AMI.
• 36 Allen Drive 15-unit building located on Allen Drive with one and three-bedroom units available on well-maintained grounds.
• Springs West Apartments Re-developed property on Allen Drive consisting of 1, 2, and 3 bedroom apartments intended for working persons and families within the City of Saratoga Springs. Rent ranges from $1,005 to $1,705 depending on unit size.
• Tenant Portal Online portal for tenants to make payments after receiving registration code from the Housing Authority.
• My Housing Applicant Portal User-friendly online tool enabling applicants to view real-time updates on waiting list applications and status, upload documents securely, and submit updates to personal information.

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor and core.

• Glens Falls Hospital Health Promotion CenterminorStrategic or Co-development Partner · 21 April 2016Collaborated with Glens Falls Hospital's Health Promotion Center, through its state-funded Living Tobacco-Free Initiative, to develop and implement the no-smoking policy effective May 1, 2016. The hospital team provided expertise in helping organizations implement smoke-free policies. The partnership provided educational information about quitting smoking to residents.
• U.S. Department of Housing and Urban Development (HUD)coreOthersHUD provides federal funding and regulatory oversight for the Housing Authority. SSHA is a federally funded, New York State-chartered government agency. HUD determines rules and regulations for Public Housing and Section 8 programs.
• New York State Division of Human RightsminorOthersState agency responsible for handling reasonable accommodation complaints and enforcing the New York State Human Rights Law requiring housing providers to make reasonable accommodations for persons with disabilities.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• WinnCompanies: WinnCompanies is a national multifamily property management and development firm with a substantial affordable housing portfolio, including LIHTC and Section 8 properties. Comparable to SSHA in managing affordable multifamily housing but as a private-sector national operator rather than a public agency.
• New York City Housing Authority (NYCHA): NYCHA is the largest public housing authority in the United States, administering ~162,000 public housing units and ~83,000 Section 8 vouchers in New York City. Operates under the same HUD federal funding framework as SSHA but at vastly larger scale, serving as the broad incumbent comparable for governance, RAD, and program structure.
• The Michaels Organization: The Michaels Organization is a national developer and manager of affordable, market-rate, and student housing with significant LIHTC and Section 8 exposure. Comparable to SSHA as a major affordable housing operator/developer but operating at national scale as a private-sector company.
• Related Companies: Related Companies is one of the largest private developers and operators of affordable and mixed-income housing in the U.S., with significant LIHTC and Section 8 portfolio exposure. Comparable to SSHA in operating affordable and workforce housing but as a national private-sector operator rather than a public agency.

Direct peers

• Buffalo Municipal Housing Authority: Buffalo Municipal Housing Authority is a NY State local PHA administering public housing units and Section 8 vouchers in Buffalo, NY. Comparable to SSHA in entity type and HUD program structure, though larger in scale, providing a useful reference for mid-sized upstate NY PHA operations.
• Schenectady Municipal Housing Authority: Schenectady Municipal Housing Authority is a NY State local housing authority administering public housing units and Section 8 vouchers in Schenectady, NY. Closely comparable to SSHA as a same-state local PHA with similar program mix (Public Housing + HCV), single-city service area, and small operations staff model.
• Rensselaer Housing Authority: Rensselaer Housing Authority operates public housing and Section 8 programs in Rensselaer, NY. Comparable to SSHA as a small NY State local PHA with a similar program mix and tenant base, located in the same broader Capital Region housing market.
• Albany Housing Authority: Albany Housing Authority is a NY State-chartered local public housing authority administering public housing units and Section 8 vouchers in Albany, NY. Comparable to SSHA in entity structure (federally funded NY PHA), core programs (Public Housing, HCV), and small-to-mid scale operations serving a single municipality.
• Troy Housing Authority: Troy Housing Authority is a NY State-chartered local PHA administering public housing units and Section 8 Housing Choice Vouchers in Troy, NY. Directly comparable to SSHA in entity type, HUD funding relationship, and small-municipality operating scale within the NY Capital Region.

Regional players

• Boston Housing Authority: Boston Housing Authority is a Massachusetts state-chartered local PHA administering public housing and Section 8 voucher programs in Boston. Comparable in function and program mix to SSHA but operating under a different state's regulatory framework and serving a much larger urban population.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/saratoga-springs-housing-authority

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saratoga Springs Housing Authority