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New Life Homes

Full company profile

uuid022ryvw

Namestring
New Life Homes
Legal namestring
New Life Homes
Company typeenum
Private
Founded yearint
1993
Ownership categoryenum
akta.pro rankint
HeadquartersAlbuquerque, United States
HQ citystring
Albuquerque
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
affordable housing development, supportive housing services, low-income housing, on-site social services, transitional housing
Industry2 codes
1Independent Living Community Development & Construction (Senior Housing Developers)
CodeHLADAAAHPrimaryYes
2Independent Living with Supportive Services (Light ADL/IADL Support)
CodeHLADAAAEPrimaryNo
NAICS code2 codes
  • Other Residential Care Facilities62399
  • Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly62331
SIC code2 codes
  • Services-Nursing & Personal Care Facilities8050
  • Operators Of Apartment Buildings6513
Product category
Affordable Supportive Housing
No data
Cost components3 values
Operations, Personnel, Infrastructure
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

New Life Homes develops affordable, supportive housing for low-income and vulnerable populations. The organization provides residential units coupled with on-site services aimed at supporting residents' stability and well-being. Founded in 1993 and based in Albuquerque, New Mexico, it operates as a private housing provider focused on serving vulnerable households.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Affordable Supportive Housing
CategoryAffordable Supportive Housing
Recent move1 record

Each record includes

Date, Type, Title, Description, Source

Expansion highlight1 record

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Nonprofit affordable housing developer that builds and manages rental housing for low-income families, seniors, and special-needs residents. Comparable mission, financing stack, and resident profile.

TypeDirect peer
Description

Nonprofit developer of affordable rental housing, including family, senior, and supportive housing, with services for residents. Similar funding sources (LIHTC, HUD) and resident population.

TypeDirect peer
Description

National nonprofit developer and operator of affordable, service-enriched housing for low-income and vulnerable populations. Directly comparable mission, integrated on-site services model, and reliance on LIHTC/HUD financing.

4The NHP Foundation
TypeDirect peer
Description

Nonprofit affordable housing developer and operator serving low- and moderate-income families and seniors, often pairing housing with supportive services. Directly comparable mission and resident mix.

TypeBroad incumbent
Description

Large national nonprofit that develops affordable housing, provides capital, and invests in community development. Broader in scope (lending, policy, development) but directly relevant comparable for affordable housing development.

TypeDirect peer
Description

Operates affordable and supportive housing communities, including senior and special-needs populations, with integrated services. Similar developer-operator structure serving vulnerable populations.

TypeDirect peer
Description

Nonprofit developer and operator focused on preserving and developing affordable rental housing with supportive services for low-income residents. Closely aligned business model and resident population.

TypeDirect peer
Description

National nonprofit providing affordable housing and supportive services for seniors and persons with disabilities. Comparable resident population and integrated services delivery.

TypeDirect peer
Description

Mission-driven nonprofit that develops and operates affordable and supportive housing, including for seniors and vulnerable populations, with on-site services. Comparable integrated developer-plus-services model.

TypeDirect peer
Description

Nonprofit senior housing developer and operator providing affordable independent and assisted living with supportive services for low-income seniors. Closely aligned developer-services model for vulnerable elderly populations.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

New Life Homes

Affordable Supportive Housingnewlifehomesnm.org

New Life Homes firmographics

Firmographics
Name
New Life Homes
Legal name
New Life Homes
Website
https://newlifehomesnm.org
Company type
Private
Founded year
1993
Ownership category
akta.pro rank

New Life Homes industry classification

Industry
Product category
Affordable Supportive Housing
NAICS
Other Residential Care Facilities (62399), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331)
SIC
Services-Nursing & Personal Care Facilities (8050), Operators Of Apartment Buildings (6513)
akta.pro primary industry
Independent Living Community Development & Construction (Senior Housing Developers) (HLADAAAH)
akta.pro secondary industry
Independent Living with Supportive Services (Light ADL/IADL Support) (HLADAAAE)

Keywords

  • Affordable housing development
  • Supportive housing services
  • Low-income housing
  • On-site social services
  • Transitional housing

Where New Life Homes is headquartered

Location

Headquarters

HQ city
Albuquerque
HQ country
United States
HQ region
North America

Markets served

New Life Homes business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Operations, Personnel, Infrastructure

New Life Homes product offering

Product offering

Core offering

New Life Homes develops affordable, supportive housing for low-income and vulnerable populations. The organization provides residential units coupled with on-site services aimed at supporting residents' stability and well-being. Founded in 1993 and based in Albuquerque, New Mexico, it operates as a private housing provider focused on serving vulnerable households.

Differentiator

Problem solved

Functional benefit

Products and services

  • Affordable Supportive Housing

Companies that use New Life Homes

Customer profile

Ideal customer profiles1 record

New Life Homes technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

New Life Homes partnerships and signals

Strategic signal

Recent moves1 record

Expansion highlights1 record

New Life Homes competitors and assessment

Company assessment

Direct peers

  • BRIDGE Housing: Nonprofit affordable housing developer that builds and manages rental housing for low-income families, seniors, and special-needs residents. Comparable mission, financing stack, and resident profile.
  • Beacon Communities: Nonprofit developer of affordable rental housing, including family, senior, and supportive housing, with services for residents. Similar funding sources (LIHTC, HUD) and resident population.
  • Mercy Housing: National nonprofit developer and operator of affordable, service-enriched housing for low-income and vulnerable populations. Directly comparable mission, integrated on-site services model, and reliance on LIHTC/HUD financing.
  • The NHP Foundation: Nonprofit affordable housing developer and operator serving low- and moderate-income families and seniors, often pairing housing with supportive services. Directly comparable mission and resident mix.
  • Volunteers of America National Services: Operates affordable and supportive housing communities, including senior and special-needs populations, with integrated services. Similar developer-operator structure serving vulnerable populations.
  • Preservation of Affordable Housing (POAH): Nonprofit developer and operator focused on preserving and developing affordable rental housing with supportive services for low-income residents. Closely aligned business model and resident population.
  • Retirement Housing Foundation: National nonprofit providing affordable housing and supportive services for seniors and persons with disabilities. Comparable resident population and integrated services delivery.
  • National Church Residences: Mission-driven nonprofit that develops and operates affordable and supportive housing, including for seniors and vulnerable populations, with on-site services. Comparable integrated developer-plus-services model.
  • Christian Church Homes: Nonprofit senior housing developer and operator providing affordable independent and assisted living with supportive services for low-income seniors. Closely aligned developer-services model for vulnerable elderly populations.

Broad incumbents

  • Enterprise Community Partners: Large national nonprofit that develops affordable housing, provides capital, and invests in community development. Broader in scope (lending, policy, development) but directly relevant comparable for affordable housing development.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

New Life Homes financial estimates

Financial estimate

Revenue estimate

Valuation estimate

New Life Homes leadership team

Management profile

Number of profiles

New Life Homes funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

New Life Homes M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about New Life Homes

What does New Life Homes do?

New Life Homes develops affordable, supportive housing for low-income and vulnerable populations. The organization provides residential units coupled with on-site services aimed at supporting residents' stability and well-being. Founded in 1993 and based in Albuquerque, New Mexico, it operates as a private housing provider focused on serving vulnerable households.

When was New Life Homes founded?

New Life Homes was founded in 1993.

Where is New Life Homes based?

New Life Homes is headquartered in Albuquerque, United States, in the North America region.

Who are New Life Homes's main competitors?

Direct peers on record are BRIDGE Housing, Beacon Communities, Mercy Housing, The NHP Foundation, Volunteers of America National Services, Preservation of Affordable Housing (POAH), Retirement Housing Foundation, National Church Residences and Christian Church Homes. Enterprise Community Partners is listed as a broad incumbent.

Does New Life Homes have an API?

No public API is recorded for New Life Homes.

What industry is New Life Homes in?

New Life Homes's product category is Affordable Supportive Housing. Its primary akta.pro industry code is HLADAAAH, Independent Living Community Development & Construction (Senior Housing Developers), with a secondary code of HLADAAAE, Independent Living with Supportive Services (Light ADL/IADL Support). Its NAICS code is 62399 and its SIC code is 8050.

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Live signals
GlobeNewswirePhoto Release -- Sundowner Motel Reopens as Mixed-Income ApartmentsNewLife Homes reopened Sundowner Apartments in Albuquerque, New Mexico, on May 21, 2014, after converting the former Sundowner Motel. A $500,000 Affordable Housing Program grant from FHLB Dallas helped create 71 mixed-income units, and the complex is fully occupied.GlobeNewswirePhoto Release -- Wells Fargo and FHLB Dallas Award $20K Partnership Grant to NewLife HomesWells Fargo and the Federal Home Loan Bank of Dallas awarded NewLife Homes $20,000 in Partnership Grant Program funds. The grant will fund a service coordinator position for its Luna Lodge, a 30-unit affordable housing development in Albuquerque. FHLB Dallas awarded $225,000 in PGP grants this year.GlobeNewswireWells Fargo and FHLB Dallas Announce $20K Partnership Grant to NewLife HomesWells Fargo and FHLB Dallas awarded a $20,000 Partnership Grant Program award to NewLife Homes. The grant will fund a service coordinator position for Luna Lodge, a 30-unit affordable housing development in Albuquerque. FHLB Dallas awarded $225,000 in grants through its PGP this year.GlobeNewswireNewLife Homes Holds Groundbreaking for the Sundowner Uhuru Apartment ComplexNewLife Homes held the groundbreaking for the Sundowner Uhuru apartment complex in Albuquerque on April 18, 2013. The project, awarded a $500,000 Affordable Housing Program grant by FHLB Dallas, will provide 71 apartments for very low-income residents, including female veterans and their families.GlobeNewswirePhoto Release -- $210K AHP Grant to Assist in Converting Historic Motel Into Affordable HousingFHLB Dallas awarded a $210,000 AHP grant to NewLife Homes for converting Luna Lodge, a historic motel, into 30 affordable housing units. The project, for homeless and special-needs individuals, began construction in March 2012, with 14 units rehabbed and 16 new. FHLB Dallas offers $7.5 million in AHP funding in 2012.GlobeNewswire$500K AHP Grant Will Assist in Converting Sundowner Motel to Low-Income ApartmentsThe Federal Home Loan Bank of Dallas awarded a $500,000 Affordable Housing Program grant to NewLife Homes for converting the Sundowner Motel in Albuquerque into 71 apartments for low-income residents, including female veterans. The motel, built in the 1950s, will become mixed-income housing.