Nehemiah CRC

What Nehemiah CRC does

Nehemiah Community Revitalization Corporation (Nehemiah CRC) is a faith-based, state-certified community development corporation incorporated on February 17, 1993, headquartered in Greer, South Carolina. The organization develops, owns, and manages affordable housing for low income workforce families, seniors, and special needs populations including persons with mental illness, persons living with HIV/AIDS, homeless individuals, and women recovering from addiction. Its portfolio comprises approximately 18 named developments across South Carolina — including senior apartments (Snow Street Place, Kennedy Place, Smith House), special needs supportive housing (Buncombe Place, Eagle's Nest, Reedy Place, Barnett Housing), workforce rental housing (Busch Crossing, Draymont Ridge, Mathews Place), and homeownership subdivisions (Phillips Manor, Needmore Place) — totaling more than 1,400 affordable housing units delivered since incorporation. In 2004, the corporation reorganized from its original name "Nehemiah Corporation" and expanded its mission to include economic development opportunities for lower income neighborhoods served by faith-based community development corporations.

The underlying technology and operational capability is conventional affordable housing development and property management rather than a software or platform product. Nehemiah CRC delivers projects through co-development partnerships with entities such as Volunteers of America of the Carolinas, Second Baptist CDC, Anderson Housing Authority, Beckman Center for Mental Health Services, and The Bennett Group, supported by architectural firm Palmetto Architectural Group and financial partners including TD Bank and Greenville County Redevelopment Authority.

The business model is non-profit and multi-stream. Primary capital comes from government grant and subsidy programs — HUD HOME funds, Section 42 Low-Income Housing Tax Credits, SC Housing Trust Fund, and the SC Community Economic Development (CED) Fund (administered by SC Department of Commerce with SCACED). Revenue is generated through developer fees on completed projects, rental income from owned affordable housing units, and tax-deductible donations via the Partnership for Neighborhoods program. End customers are income-qualified individuals and families (typically at or below 60% of area median income) reached through direct application processes and referrals from partner housing authorities and municipalities. Pricing is not publicly disclosed and is set by AMI-based eligibility requirements rather than market pricing. As a 501(c)-style non-profit governed by a board and audited annually by the state of South Carolina, no profits accrue to staff or board members from project development.

Name

Nehemiah CRC

Legal name

Nehemiah Community Revitalization Corporation

Website

https://nehemiahcrc.org

Company type

Private

Founded year

1993

Operating status

Operating

Short description

Nehemiah Community Revitalization Corporation is a faith-based, state-certified non-profit affordable housing developer that has delivered over 1,400 housing units across South Carolina since 1993, serving low income workforce families, seniors, and special needs populations through partnerships with municipalities, housing authorities, and faith-based organizations.

Ownership category

akta.pro rank

Product category

Affordable Housing Development

NAICS

Other Residential Care Facilities (62399), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Residential Building Construction (2361)

SIC

Services-Social Services (8300), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

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

akta.pro secondary industries

Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE), Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB), Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ), Community Centers & Neighborhood Support Services (BPAGAEAL)

Keywords

• Affordable housing development
• Community development corporation
• Supportive housing services
• Special needs housing
• Nonprofit housing provider

Headquarters

HQ city

Greer

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Others

Revenue model

1. Government Grants and Funded Programs: Nehemiah operates primarily through government grants including HOME funds from HUD, Section 42 tax credits, SC Housing Trust Fund, Affordable Housing Program funds, and CED Fund grants. The corporation collects developer fees from completed projects and receives operating assistance from various entities.
2. Property Rental Income: Rental income from owned affordable housing units for special needs and workforce families.
3. Donations: Individual and organizational donations through Partnership for Neighborhoods program, including tax-deductible contributions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Nehemiah Community Revitalization Corporation develops, owns, and manages affordable housing for low-income and special needs populations across South Carolina. The organization delivers a portfolio of housing developments including senior apartments, supportive housing for persons with mental illness, HIV/AIDS, and addiction recovery, scattered-site workforce family rentals, and affordable homeownership subdivisions, financed through HUD HOME funds, Section 42 tax credits, the SC Housing Trust Fund, and the Community Economic Development (CED) Fund.

Product overview

Nehemiah Community Revitalization Corporation operates as a portfolio of affordable housing development projects rather than a unified technology product. The organization develops, owns, and manages diverse housing properties including senior apartments, special needs housing, workforce family housing, transitional recovery housing, and homeownership subdivisions across South Carolina. Their project portfolio includes approximately 18 named housing developments spanning apartments for vulnerable populations (HIV/AIDS, mental illness, addiction recovery, homeless), senior housing, and workforce family housing. Nehemiah also provides community revitalization services and economic development opportunities in partnership with municipalities, non-profits, and faith-based organizations throughout the state.

Differentiator

Problem solved

Functional benefit

Products and services

• Snow Street Place A 48-unit, one-bedroom senior apartment complex in Greer developed in partnership with Volunteers of America of the Carolinas and Greer Community Ministries, providing affordable housing for elderly residents with on-site social services support.
• Barnett Housing Twelve one-bedroom scattered-site apartments across three sites for persons living with HIV/AIDS, providing quality affordable housing integrated into existing neighborhoods.
• Buncombe Place Apartments Thirteen one-bedroom apartments with community space for persons with mental illness, developed in partnership with Gateway House.
• Busch Crossing Twenty-three single-family homes built as rental units in Aiken, designed to replace condemned public housing with safe, affordable workforce housing.
• Draymont Place Attached townhouse development for workforce families featuring 12 three-bedroom, two-bath units in six-unit buildings.
• Dupont Landing Single-family homes for workforce families in Aiken, SC.
• Eagle's Nest Apartments dedicated to young adults with emotional problems and mental illness, developed in partnership with Beckman Center for Mental Health Services.
• Gaffney Trace Attached townhouse development for families and special needs individuals in Cherokee County, including one, two, and three-bedroom units.
• Kennedy Place Adaptive re-use of a historic 1913 school building into 41 one-bedroom units for very low-income seniors, utilizing Section 8 Project-Based Assistance.
• McCully Place Ten three-bedroom single-family homes constructed in two phases in Anderson, funded through HOME and S.C. Housing Trust Fund programs.
• Mathews Place Forty-four three-bedroom single-family rental homes for workforce families in Aiken, with purchase options for renters after 15 years, developed in partnership with Second Baptist CDC and The Bennett Group.
• Oaks at Sumner
• Phillips Manor Subdivision Twenty-three-home affordable homeownership subdivision in Mount Pleasant, offering workforce families homes at $140,000 with appraised values of $240,000.
• Reedy Place Fifteen one-bedroom apartments using the Housing First model to house homeless individuals with mental illness, completed in partnership with United Housing Connections.
• Rosewood House of Recovery
• Smith House
• Draymont Ridge
• Needmore Place and Needmore Place II Single-family homeownership units in Greer for lower income families, with Needmore Place II consisting of three three-bedroom homes including one home giveaway, funded by a $150,000 2023 CED Fund grant.

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core and major.

• SC Department of CommercecoreStrategic or Co-development Partner · 1 January 2023Administers the Community Economic Development (CED) Fund in partnership with SCACED. Awarded Nehemiah CRC $150,000 in 2023 for Needmore Place II project.
• SC Association for Community Economic Development (SCACED)coreStrategic or Co-development Partner · 1 January 2023Partners with SC Department of Commerce to administer CED Fund grants supporting community economic development projects in South Carolina.
• Palmetto Architectural GroupcoreTechnology or IntegrationArchitectural firm led by Charles Gentry, AIA that prepares drawings and specifications for Nehemiah projects including Needmore Place II, Nelson Cove, and Kennedy Place.
• Volunteers of America of the Carolinas, Inc.coreStrategic or Co-development PartnerCo-developer and owner of Oaks at Sumner project serving homeless mentally ill. Partnered on Snow Street Place senior apartments.
• Aiken Housing AuthoritymajorStrategic or Co-development PartnerDetermined that Valley Homes public housing complex was beyond repair; partnered with Nehemiah through CDIC to develop replacement housing including Smith House.
• Second Baptist Community Development CorporationmajorStrategic or Co-development PartnerPartnered with Nehemiah on Mathews Place development in Aiken, providing 70-acre church-owned site for master planning and subsequent tax credit development.
• The Bennett GroupmajorStrategic or Co-development PartnerAlabama-based tax credit developer partnered with Nehemiah and Second Baptist CDC to build 44 three-bedroom single family homes at Mathews Place.
• Anderson Housing AuthoritycoreStrategic or Co-development PartnerUtilized Section 42 competitive round to award 41 Section 8 Project-Based Vouchers for Kennedy Place senior housing.
• Beckman Center for Mental Health ServicesmajorStrategic or Co-development PartnerCollaborated with Nehemiah and Greenwood Housing Authority on Eagle's Nest Apartments for young adults with emotional problems.
• United Housing ConnectionscoreStrategic or Co-development PartnerLongtime partner studying Housing First model. Nehemiah worked with UHC to develop Reedy Place for homeless individuals with mental illness.
• Palmetto PathwaysmajorStrategic or Co-development PartnerInitial development partner on Oaks at Sumner project before being forced to downsize; Nehemiah gained agreement of VOA to become new co-developer.
• City of AndersoncoreStrategic or Co-development PartnerOwned Kennedy School and land; asked Nehemiah to take on adaptive re-use project for senior housing. Provided HOME funding for McCully Place development.
• City of North CharlestonmajorStrategic or Co-development PartnerWorked with Nehemiah and VOA over a year of neighborhood meetings to approve rezoning for Oaks at Sumner development.
• City of GreercoreStrategic or Co-development PartnerProvided land and collaborated on Snow Street Place senior apartments. Served as venue for anniversary celebrations.
• SC Low Income Housing CoalitioncoreStrategic or Co-development PartnerEstablished as predecessor organization; endorsed establishment of Nehemiah Corporation at December 1992 board meeting.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• SC Association for Community Economic Development (SCACED): South Carolina trade association that co-administers the CED Fund with the SC Department of Commerce — a direct funder and partner of Nehemiah, focused on community economic development across the same geographic footprint.
• Habitat for Humanity International: Global non-profit affordable housing developer that, like Nehemiah, leverages volunteer labor, donated/underwritten land, and zero-interest or deferred mortgages to build affordable homeownership opportunities for low-income families.
• Volunteers of America: National non-profit operating supportive housing for vulnerable populations including the homeless and persons with mental illness — directly comparable as Nehemiah's co-developer on Oaks at Sumner and Snow Street Place.
• The Bennett Group: Alabama-based tax credit affordable housing developer that partners with Nehemiah on LIHTC projects such as Mathews Place in Aiken — same operating model of nonprofit/for-profit developer co-ventures.

Broad incumbents

• Pennrose: National developer and manager of affordable and market-rate multifamily housing — competes with Nehemiah for LIHTC projects and operating subsidies in the Carolinas region.
• Local Initiatives Support Corporation (LISC): National CDFI supporting CDCs and affordable housing developers with capital, grants, and capacity-building — directly comparable to Nehemiah's role as a state-certified CDC.
• The Community Builders: Large national non-profit developer of affordable and mixed-income housing — same operating model as Nehemiah but at significantly larger scale and geographic footprint.
• NeighborWorks America: Congressionally chartered national network of housing counseling and community development nonprofits — directly comparable mission and operating model to Nehemiah as a faith-rooted CDC.
• NRP Group: National for-profit developer, owner, and property manager of affordable and workforce housing; competes with Nehemiah for tax credit allocations and Section 8 project-based contracts.
• Enterprise Community Partners: Large national non-profit developer and CDFI investing in affordable housing and community development across multiple states; competes for the same LIHTC allocations and federal funding pools as Nehemiah.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

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 Nehemiah CRC