broadway fillmore neighborhood housing services

What broadway fillmore neighborhood housing services does

Broadway Fillmore Neighborhood Housing Services (BFNHS) is a neighborhood-based not-for-profit corporation headquartered at 780 Fillmore Avenue in Buffalo, New York. Its primary purpose is the provision of decent affordable housing for low- and moderate-income persons and families, with nearly 100% of program beneficiaries earning below 80% of area median income and a majority below 50%. The organization owns and manages 41 affordable rental one- and two-bedroom units renting from $425 to $725 per month, and delivers a portfolio of grant-funded programs including a 100% grant home repair program (over $7.0 million deployed across 180 properties in three years), a Commercial District Program with grants up to $100,000, a Vacant Rental Improvement Program, and the Community Based Real Estate Development Training (CBREDT) program for aspiring developers of color.

BFNHS operates with a small staff of approximately five employees under Executive Director Stephen Karnath, supported by a volunteer board of directors. Revenue is sourced from New York State agencies (NYS Affordable Housing Corporation, NYS Homes and Community Renewal, Empire State Development, the Buffalo Eastside Home Improvement Funding initiative) and regional foundations (M&T Foundation, First Niagara Foundation, and the Zemsky/Zemski Family Foundation), supplemented by rental income. Distribution is entirely direct, through in-person consultations at the headquarters office, online application forms, and community referrals via partners such as East Side Avenues, Matt Urban Center, and Response to Love Center. The organization has no technology platform, proprietary software, or AI capabilities; all services are delivered manually through community-based outreach.

The organization holds a notable intangible asset: it helped establish the Broadway-Fillmore Historic District in 2018, enabling property owners to access federal and state historic tax credits. Its completed development projects include the Cigar Factory Apartments at 595 Fillmore Avenue, which fully leased following a lottery, demonstrating capacity to execute affordable housing development in addition to grant administration.

Name

broadway fillmore neighborhood housing services

Legal name

Broadway Fillmore NHS Inc.

Website

https://780fillmore.org

Company type

Private

Operating status

Operating

Short description

Broadway Fillmore Neighborhood Housing Services is a Buffalo, NY nonprofit that provides affordable rental housing (41 units), 100% grant home repair, commercial improvement grants, and real estate development training for low-income residents of the Broadway-Fillmore neighborhood.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Community Housing Services (62422), Other Community Housing Services (624229), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

Services-Social Services (8300), Operators Of Apartment Buildings (6513)

akta.pro primary industry

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

akta.pro secondary industries

Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF), Public Housing & Social Housing Development/Modernization Programs (FSALAKAH), Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE)

Keywords

• Affordable housing services
• Home repair grants
• Neighborhood revitalization
• Community development
• Rental housing management

Headquarters

HQ city

Buffalo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others, Infrastructure

Revenue model

1. Government Grants: BFNHS receives significant funding from New York State agencies including NYS Affordable Housing Corporation, NYS Homes and Community Renewal, Empire State Development, and the Buffalo Eastside Home Improvement Funding (BHEIP) initiative. These grants support home repair programs, predevelopment funding, and organizational capacity building.
2. Foundation Grants: Support from local foundations including M&T Foundation, First Niagara Foundation, Zemsky/Zemski Family Foundation. These grants fund organizational initiatives, neighborhood reinvestment work, and capacity building.
3. Rental Income: Revenue from 41 affordable rental units owned and managed by BFNHS. One-bedroom units rent from $425-$525/month, two-bedroom units from $500-$725/month. All units are income-restricted.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Broadway-Fillmore Neighborhood Housing Services (BFNHS) is a neighborhood-based not-for-profit corporation that provides affordable rental housing (41 income-restricted one- and two-bedroom units), a 100% grant-funded home repair program for low-income homeowners, commercial property improvement grants up to $100,000, vacant rental improvement grants, development consulting, and a Community Based Real Estate Development Training (CBREDT) program for persons of color aspiring to become real estate developers. The organization reinvests in Buffalo's Broadway-Fillmore neighborhood through grant administration, housing counseling, and community development partnerships.

Product overview

Broadway-Fillmore Neighborhood Housing Services (BFNHS) offers a portfolio of housing and development programs rather than a unified software product. The core offerings include affordable rental housing management (41 units), a 100% grant-based home repair program, commercial district improvement grants up to $100,000, vacant rental improvement grants, and a real estate development training program (CBREDT) for persons of color. BFNHS also provides advocacy and consulting services to other developers and has completed notable development projects like the Cigar Factory Apartments.

Differentiator

Problem solved

Functional benefit

Products and services

• Rental Opportunities

Quantifiable outcome

• 41 affordable rental units owned and managed
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered major, minor and core.

• East Side AvenuesmajorStrategic or Co-development PartnerUnique public/private partnership providing capital and organizational support to transformational projects along four East Side commercial corridors (Bailey, Fillmore, Jefferson, Michigan Avenues). Provides capacity building, funding, and organizational support.
• Preservation Buffalo NiagaraminorStrategic or Co-development PartnerPartnered to establish Broadway-Fillmore Historic District in 2018, enabling access to federal and state historic tax credits.
• Preservation StudiosminorStrategic or Co-development PartnerPartnered with BFNHS and other organizations to establish Broadway-Fillmore Historic District.
• Historic East Side Neighborhood Initiative (HESNI)minorStrategic or Co-development PartnerPartnered with BFNHS to establish Broadway-Fillmore Historic District.
• Center for Regional Strategies (CRS)coreStrategic or Co-development PartnerCRS collaborates with Empire State Development on the CBREDT program, approving participation and funding for graduates.
• Matt Urban CenterminorOthersNeighborhood organization serving East Buffalo, Cheektowaga, and West Seneca for 45 years. Shares mission of revitalizing neighborhoods and bringing together public and private resources.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Matt Urban Center: Buffalo-based nonprofit serving East Buffalo, Cheektowaga, and West Seneca for 45+ years, revitalizing neighborhoods and connecting public/private resources to residents. BFNHS explicitly names Matt Urban Center as a community partner with overlapping mission, geography, and beneficiary population.
• Belmont Housing Resources for WNY: Buffalo-based nonprofit providing affordable housing development, property management, and housing counseling across Western New York. Directly comparable in mission (affordable housing for low-income residents), geography (WNY), and service mix (development + counseling + management).
• Habitat for Humanity Buffalo: Local affiliate of Habitat for Humanity serving the Buffalo metro with homeownership and home repair programs for low-income families. Comparable home-repair-focused nonprofit model serving similar low-income East Side beneficiaries.
• City Roots Community Land Trust: Buffalo-based community land trust creating permanently affordable homeownership and stewarding vacant properties on the East Side. Highly comparable in mission (community-controlled affordable housing) and geography (East Buffalo corridor).

Broad incumbents

• NeighborWorks America: National network of >240 neighborhood-based affordable housing and community development nonprofits. BFNHS fits the archetypal NeighborWorks-affiliated NHS organizational model; NeighborWorks provides the broader umbrella and capacity-building infrastructure for this category of organization.
• Enterprise Community Partners: National nonprofit affordable-housing developer and CDFI that develops, preserves, and finances affordable housing nationwide. Comparable in mission (affordable rental and community development) but operates at dramatically greater scale and with national footprint.
• Local Initiatives Support Corporation (LISC): National CDFI providing capital, capacity, and technical assistance to community developers. BFNHS operates in a LISC-supported ecosystem (WITHIN East Side / LISC referenced on BFNHS's own website) and is structurally similar to LISC's local partner nonprofits.

Regional players

• East Side Avenues: Buffalo East Side public/private partnership providing capital and organizational support for transformational projects along four East Side commercial corridors. BFNHS is a direct program partner and beneficiary of East Side Avenues funding.

Emerging players

• Restore Communities: Buffalo-based nonprofit working on neighborhood revitalization and affordable housing in distressed WNY communities. Comparable small-staff, community-embedded model targeting similar low-income beneficiaries.

Others

• Preservation Buffalo Niagara: Buffalo-based historic preservation nonprofit and BFNHS's co-partner in establishing the Broadway-Fillmore Historic District. Comparable in mission-adjacent work (historic preservation enabling affordable housing) and is a direct operational partner.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 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 →

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