Habitat For Humanity Of Greater Memphis, Inc.

What Habitat For Humanity Of Greater Memphis, Inc. does

Habitat for Humanity of Greater Memphis, Inc. is a 501(c)(3) nonprofit organization founded in 1983 that delivers affordable housing and home preservation services in the Greater Memphis area (primarily Shelby County, with occasional builds in Fayette County). It operates four core programs: the Homebuying Program, which finances newly constructed single-family homes (3-5 bedrooms, approximately 1,400 sq ft) via 30-year zero-interest mortgages sold at appraised fair market value and built to Memphis Light, Gas & Water's EcoBUILD energy-efficiency standards; the Aging In Place Program, which delivers critical home repairs for senior homeowners; the Health Transformation Program, which adds accessibility features (roll-in showers, ramps, lower counters, asthma-friendly materials) for first-time homebuyers with disabilities; and Habitat ReStore, a retail outlet that resells donated furniture, appliances, and building materials to fund operations. The organization's go-to-market relies on volunteer labor (individual and corporate group builds), corporate sponsorships (FedEx, Autozone, Bank Bartlett, Cincinnati Insurance, Fin Fed, Assisi Foundation, City of Memphis), government grants (Tennessee Department of Health), individual donations, ReStore sales, and 30-year mortgage repayments from homebuyers.

Revenue mechanics combine four streams: donations and corporate sponsorships, ReStore retail sales, property donations, and recurring zero-interest mortgage payments from homeowners. Qualifying households must earn below 80% of area median income for Shelby County (ranging from $33,500 to $97,900 depending on family size), contribute $2,000 toward closing costs, complete 250-300 partnership (sweat equity) hours, and maintain an emergency fund. Since 1983 the organization reports 625+ first-time homebuyers served, 1,800+ older homeowners supported through Aging In Place repairs, $155M+ generated in local construction-driven economic activity, and a cumulative $400M economic benefit to the Greater Memphis area. The organization also received a Candid Platinum Transparency 2026 rating and operates structured volunteer leadership programs (Green Hats for build sites, Blue Hats for ReStore).

Name

Habitat For Humanity Of Greater Memphis, Inc.

Legal name

Habitat for Humanity of Greater Memphis, Inc.

Website

https://memphishabitat.com

Company type

Private

Founded year

1983

Operating status

Operating

Short description

Habitat for Humanity of Greater Memphis is a 501(c)(3) nonprofit founded in 1983 that provides affordable homeownership via zero-interest mortgages, critical home repairs for seniors, accessible housing for buyers with disabilities, and a ReStore retail operation across the Greater Memphis area.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

SIC

Services-Social Services (8300), Services-To Dwellings & Other Buildings (7340), Retail-Home Furniture, Furnishings & Equipment Stores (5700)

akta.pro primary industry

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

Keywords

• Affordable homeownership
• Zero-interest mortgages
• Home repair services
• Nonprofit housing services
• Accessible housing programs

Headquarters

HQ city

Memphis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Donations and Sponsorships: Individual donations, corporate sponsorships, and monthly giving programs. Sponsors include Assisi Foundation, Autozone, Bank Bartlett, City of Memphis, Cincinnati Insurance, FedEx, and Fin Fed. Sponsorship packages available for build sites and events.
2. ReStore Retail Operations: Thrift store operations selling donated furniture, appliances, and building materials. Revenue funds Habitat's homeownership mission.
3. Property Donations: Accepts donated properties as charitable contributions.
4. Homebuyer Mortgage Payments: 30-year, zero-interest mortgages repaid by homeowners over time. Payments fund continued operations and homebuilding.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels10 records

Core offering

Habitat for Humanity of Greater Memphis is a 501(c)(3) nonprofit that builds and sells energy-efficient single-family homes (3-5 bedrooms, ~1,400 sq ft) to qualifying low-income first-time homebuyers through zero-interest 30-year mortgages at appraised fair market value. It also operates the Habitat ReStore thrift retail outlet, the Aging In Place critical home repair program for senior homeowners, the Health Transformation Program for accessible homes for buyers with disabilities, and structured volunteer/sweat-equity programs requiring 250-300 partnership hours per homebuyer.

Product overview

Habitat for Humanity of Greater Memphis is a nonprofit housing organization offering a portfolio of interconnected programs centered on affordable homeownership and home preservation. The core offerings include the Homebuying Program (providing zero-interest mortgages and newly constructed energy-efficient homes) and the Health Transformation Program (an accessible homes variant for homebuyers with disabilities). The Aging In Place Program serves senior homeowners with critical repairs, while the Habitat ReStore generates mission funding through resale of donated building materials. Volunteer engagement programs (including Green Hat build-site leaders and Blue Hat ReStore leaders) provide the labor force for construction activities. Donations and sponsorship programs support operational funding across all initiatives.

Differentiator

Problem solved

Functional benefit

Brands

• Habitat ReStore: Retail outlet selling donated furniture, appliances, and building materials to fund Habitat's mission of building affordable homes.
• Health Transformation Program
• Aging In Place Program

Products and services

• Homebuying Program A zero-interest mortgage homeownership program for qualifying first-time homebuyers earning less than 80% of Shelby County Area Median Income (income range $33,500-$97,900 depending on family size). Homes are sold at appraised fair market value, built to EcoBUILD standards (double-pane windows, energy-efficient appliances, central HVAC), with monthly mortgage payments structured to be more affordable than local rent and a 30-year repayment term.
• Health Transformation Program (Accessible Homebuying) A specialized homeownership track for qualified first-time homebuyers living with disabilities, providing customized accessibility features including roll-in showers, ramps, lower counters, and asthma-friendly materials, paired with occupational therapist consultations and social services coordination. Funded by the Tennessee Department of Health.
• Aging In Place Program A critical home repair and modification program for older homeowners in the Memphis area that delivers tailored repairs to preserve homes and maintain seniors' independence, helping them remain safely in their homes rather than be forced into alternative care.
• Habitat ReStore A retail outlet selling donated furniture, appliances, and building materials to the public, operated with volunteer support. Revenue funds Habitat's homebuilding mission. Customers are Memphis-area consumers and contractors looking for discounted used home goods and building supplies.
• Volunteer Programs Programs for individuals and corporate/community groups to volunteer on build sites and at the ReStore, including structured leadership opportunities (Green Hat build-site leaders and Blue Hat ReStore leaders) with required training and shadowing. Corporate sponsors can purchase build-site spots for groups of employees.

Quantifiable outcome

• 625+ families achieved homeownership since 1983
• +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

Feature1 record

Scale indicators6 records

Broad incumbents

• Habitat for Humanity International: Global umbrella organization of the Habitat for Humanity affiliate network. Directly comparable as the parent brand that defines the zero-interest mortgage, volunteer-build, and ReStore model executed by Habitat for Humanity of Greater Memphis.
• Mercy Housing: Major national nonprofit affordable housing provider operating rental and mixed-income communities across the U.S. Comparable mission to provide affordable housing for low-income families and seniors, with a much broader multifamily footprint.
• Enterprise Community Partners: National nonprofit developer and investor focused on affordable housing and community development. Overlaps with Habitat Greater Memphis on mission and resident services but operates at national scale with broader housing types (multifamily, mixed-use).
• Volunteers of America: National nonprofit delivering housing, senior services, and re-entry programming across many U.S. metros. Comparable on elder-support programming (similar to Habitat's Aging In Place) and on affordable housing service delivery at national scale.

Direct peers

• Habitat for Humanity of New York City: Larger urban Habitat affiliate offering zero-interest mortgage and home repair programming. Provides a comparison point for how an affiliate scales sponsorship, ReStore, and build capacity in a denser, more expensive market.
• Habitat for Humanity Charlotte: Habitat affiliate serving the Charlotte, NC metro with new-home construction, ReStore, and home repair programs. Closest comparable regional affiliate in the Habitat network to Memphis in terms of program mix and metro-scale operating model.
• Habitat for Humanity of Greater Birmingham: Regional Habitat affiliate in a similar-sized Southern metro serving a comparable affordable housing market. Operates the same zero-interest mortgage, critical repair, and ReStore programming stack as the Memphis affiliate.
• Habitat for Humanity of Greater Atlanta: Habitat affiliate serving a comparable mid-to-large Southern U.S. metro with a similar mix of new-home construction, aging-in-place repairs, and ReStore operations. Highly comparable on mission, funding model, and program structure to the Memphis affiliate.

Others

• Local Initiatives Support Corporation (LISC): National community development nonprofit that finances affordable housing, small businesses, and neighborhood revitalization. Comparable as a funder and capacity-builder for affordable housing initiatives in markets such as Memphis, often partnering with local Habitat-style affiliates.

Regional players

• Hope Credit Union: Memphis-based Community Development Financial Institution providing financial services, lending, and credit-building to underserved communities in the Mid-South. Operates in the same Memphis market with a complementary mission of serving the low-income families that Habitat's homebuyer program targets.

Market position

Strengths5 records

Weaknesses5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/MemphisHabitat
• Facebookfacebook.com/memphishabitat
• LinkedInlinkedin.com/company/memphishabitat
• Instagraminstagram.com/memphishabitat

Revenue estimate

Valuation estimate

Number of profiles

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 Of Greater Memphis, Inc.