What Appalachian Foothills Housing Agency does

Appalachian Foothills Housing Agency, Inc. (AFHA) is a Kentucky-incorporated nonprofit Public Housing Agency headquartered at 1214 Riverside Blvd, Wurtland, KY, operating under contract with the U.S. Department of Housing and Urban Development. The agency administers the Section 8 Housing Choice Voucher (HCV) program for very low income families in Greenup, Carter, and Elliott counties in eastern Kentucky. It currently manages approximately 785 Housing Choice Vouchers and processes applications, eligibility determinations, landlord contracting, and subsidy payments in accordance with HUD 24 CFR requirements.

AFHA's service portfolio consists of three program lines: (1) the core HCV rental assistance program, which issues vouchers to eligible families and makes subsidy payments directly to participating landlords; (2) two low-income housing tax credit properties developed in 2011-2012 with Wabuck Development Company — Foothills Riverside Apartments (38 units) and Riverside Cottages (32 units, age 55+), totaling 70 subsidized units in Wurtland; and (3) companion programs including the Family Self-Sufficiency (FSS) program, a goal-oriented 5-7 year program supporting employment and homeownership outcomes, and a Homeownership Program enabling voucher holders to convert to homeownership vouchers. Applications are accepted by mail, in person, or email using county-specific forms downloadable from afha.net.

The business model is a single-funder federal grant administration model: AFHA receives HUD administrative fees per voucher plus Housing Assistance Payment (HAP) pass-through funding that it disburses to landlords on behalf of voucher holders. AFHA holds no proprietary technology and operates with a lean staff of 8 (Executive Director Theresa Carey, Assistant Director, Apartment Manager, FSS Coordinator, two Housing Specialists, Housing Inspector, and Administrative Assistant). Distribution is direct-to-applicant through a single office, and there is no commercial revenue stream, no earned income diversification, and no technology platform exposure.

Name

Appalachian Foothills Housing Agency

Legal name

Appalachian Foothills Housing Agency, Inc

Website

https://afha.net

Company type

Private

Operating status

Operating

Short description

Appalachian Foothills Housing Agency is a nonprofit HUD-contracted Public Housing Agency in Wurtland, Kentucky, administering approximately 785 Section 8 Housing Choice Vouchers and operating 70 subsidized units across Greenup, Carter, and Elliott counties for very low income families.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Administration of Housing Programs (925110), Lessors of Residential Buildings and Dwellings (53111), Other Community Housing Services (624229)

SIC

Services-To Dwellings & Other Buildings (7340), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Housing Voucher & Rental Assistance Programs (Tenant-Based/Project-Based) (FSALAKAI)

akta.pro secondary industries

Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA), Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF)

Keywords

• Rental assistance programs
• Section 8 vouchers
• Low income housing
• Affordable housing services
• Housing choice voucher

Headquarters

HQ city

Wurtland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. HUD Section 8 Funding: Agency receives funding from the U.S. Department of Housing and Urban Development (HUD) to administer the Section 8 Rental Assistance Program. Payments are made to landlords on behalf of eligible families.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Appalachian Foothills Housing Agency administers the Section 8 Housing Choice Voucher Program under contract with HUD, providing rental assistance to very low income families in Greenup, Carter, and Elliott counties in Kentucky. The agency also operates two low-income tax credit properties (Foothills Riverside and Riverside Cottages) and offers the Family Self-Sufficiency Program and Homeownership Program to voucher participants.

Product overview

Appalachian Foothills Housing Agency administers the Section 8 Rental Assistance Program as its core product, providing housing vouchers to very low-income families in Greenup, Carter, and Elliott counties in Kentucky. The agency operates two low-income tax credit properties—Foothills Riverside Apartments (38 units) and Riverside Cottages (32 units)—which are subsidized with rental assistance vouchers. Additionally, the agency offers the Family Self-Sufficiency Program and Homeownership Program as companion modules for voucher participants seeking to achieve employment, education, or homeownership goals. Application services include downloadable county-specific rental assistance applications for Carter, Elliott, and Greenup counties.

Differentiator

Problem solved

Functional benefit

Products and services

• Section 8 Rental Assistance Program Federal rental assistance program funded by HUD that provides housing vouchers to eligible very low income families in Greenup, Carter, and Elliott counties. AFHA pays a subsidy directly to participating landlords on behalf of approved families, helping them secure safe, decent, and sanitary housing.
• Foothills Riverside Apartments Low-income tax credit rental property with 38 units offering one-, two-, and three-bedroom apartments in Wurtland, Kentucky. All units are subsidized with rental assistance vouchers for very low income residents.
• Riverside Cottages Low-income tax credit rental property with 32 two-bedroom units in Wurtland, Kentucky, all subsidized with rental assistance vouchers. Requires at least one household member to be 55 years of age or older.
• Family Self-Sufficiency (FSS) Program Voluntary goal-oriented program for Housing Choice Voucher participants that supports achievement of employment, education, or homeownership goals within a 5-7 year period, with access to training and community resources coordinated by AFHA's FSS Coordinator.
• Homeownership Program Program that enables qualifying Housing Choice Voucher participants to convert their rental voucher to a homeownership voucher, providing ongoing monthly mortgage assistance in lieu of rental subsidy for qualified home buyers.
• County Rental Housing Assistance Applications Downloadable application materials for the Section 8 Rental Assistance Program, including cover letters, applications, and supplements for Carter, Elliott, and Greenup counties. Applicants submit completed forms to AFHA by mail, in person, or email.

Quantifiable outcome

• Manages approximately 785 Section 8 Housing Choice Vouchers
• +1 more outcomes

Named customers2 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

Partnerships

One partnership is on record.

• Wabuck Development CompanycoreStrategic or Co-development Partner · 1 December 2011In 2011-12, AFHA partnered with Wabuck Development Company and received funding for two low income tax credit properties built in Wurtland, KY. All 70 units are subsidized with rental assistance vouchers for very low income residents. Foothills Riverside has 38 units with one-, two-, and three-bedrooms. Riverside Cottages has 32 two-bedroom units with a 55+ age requirement.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Regional players

• Homeless & Housing Coalition of Kentucky: Kentucky advocacy and resource organization for affordable housing and homelessness services. Related as a statewide ecosystem participant that influences funding and policy for PHAs like AFHA.
• Wabuck Development Company: Kentucky-based affordable housing developer that partnered with AFHA in 2011-12 to build Foothills Riverside and Riverside Cottages. Comparable as a regional LIHTC developer operating in overlapping rural Appalachian markets.

Direct peers

• Louisville Metro Housing Authority: Largest Public Housing Agency in Kentucky administering Section 8 HCVs, public housing, and related programs. Direct peer as fellow HUD-contracted PHA operating under 24 CFR with similar program offerings, though at much larger urban scale.
• Ashland Housing Authority: Neighboring Kentucky PHA serving Boyd and Greenup counties (overlapping Greenup with AFHA). Direct competitor for landlord participation and very low income tenants in the immediate service geography.
• Lexington-Fayette Urban County Housing Authority: Kentucky PHA administering Section 8 Housing Choice Vouchers, public housing units, and homeownership programs. Direct peer operating the same federal HUD programs as AFHA in a different Kentucky service area.

Broad incumbents

• Kentucky Housing Corporation: State housing finance agency administering federal housing programs statewide, including LIHTC allocations that fund AFHA's tax credit properties. Comparable as the overarching state-level administrator of affordable housing programs that AFHA operates locally.

Others

• HUD (U.S. Department of Housing and Urban Development): Federal funding source and regulator for the Section 8 HCV program AFHA administers. Not a peer in the competitive sense but the central counterparty whose policy and budget decisions directly govern AFHA's operations.
• National Association of Housing and Redevelopment Officials (NAHRO): Membership and advocacy organization for PHAs including AFHA. Provides training, policy advocacy, and best-practice dissemination that materially shapes how AFHA operates its Section 8 program.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Appalachian Foothills Housing Agency