named programs · 6 · from sources
What they call their work
Changing the Face of Appraisals
Workforce development initiative to increase diversity in the appraisal profession by training aspiring minority appraisers, reducing bias in home valuations, and creating economic opportunity.
Core Homeownership Program
Delivers direct homebuyer education and financial counseling to first-time homebuyers while strengthening partner agencies through funding, training, and capacity-building to expand access to sustainable homeownership.
HUD Intermediary Program
Provides oversight, training, compliance support, and program administration to a network of HUD-approved housing counseling agencies across New York State, ensuring high-quality, standardized housing counseling services.
Homeownership Success Series
Offers a five-part virtual education series or self-paced online course covering homebuying fundamentals, paired with one-on-one counseling from HUD-certified professionals to support long-term homeownership success.
Rent Builds Credit
Partners with NYCHA and Piñata to report on-time rent payments to credit bureaus, helping public housing residents build credit history while providing financial education resources.
Securing Your Legacy
Hosts educational events on estate planning, insurance, and investment strategies to help New Yorkers build, protect, and transfer generational wealth, particularly in underserved communities.
activities · 5 groups
What they do
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First-Time Homebuyer Support Services 3 activities
- Deliver homebuyer education and counseling to first-time homebuyersProvides prospective first-time homebuyers with personalized housing counseling, financial education, and end-to-end guidance through the homebuying process, including access to an 8-hour HUD-approved online course via eHome America and a five-session virtual program led by housing and financial professionals. Connects participants with HUD-certified counselors for ongoing support.
- Expand access to housing counseling via a network of nonprofit agenciesOperates as a HUD-approved Housing Counseling Intermediary to support a network of nonprofit agencies across New York, enabling the delivery of homebuyer education, foreclosure prevention, rental counseling, financial capability, and homelessness prevention services. Provides oversight and program administration to ensure quality and compliance.
- Support homeownership through down payment and mortgage assistanceConnects homebuyer education participants to affordable fixed-rate mortgages, down payment assistance programs, and closing cost grants to lower barriers to homeownership for low- and moderate-income New Yorkers.
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Nonprofit Capacity Building Services 1 activity
- Build capacity of nonprofit housing counseling agenciesStrengthens nonprofit housing counseling agencies through funding, training, technical assistance, compliance support, and HUD grant management. Delivers professional development including HUD certification prep, continuing education, and technical workshops for staff.
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Mentorship and Professional Development Programs 1 activity
- Develop minority representation in the appraisal professionRecruits and supports aspiring minority appraisers through a workforce development program that includes professional training, Appraisal Institute coursework, mentorship, and career coaching. Currently supports three Black women working toward licensure.
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Financial Literacy Education Programs 1 activity
- Host educational events for generational wealth buildingHosts educational sessions across New York State on financial planning, estate planning, wills, trusts, insurance, and homeownership to promote generational wealth. Plans to host 8–10 sessions annually, aiming to serve at least 25 participants per session.
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Financial Coaching and Credit Counseling 1 activity
- Provide financial and credit-building support to NYCHA residentsReports on-time rent payments of NYCHA residents to major credit bureaus to help build their credit profiles and provides financial education resources to support informed decision-making and long-term economic stability.
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financials · form 990 · fy2024
revenue
Total revenue$1.10M
Contributions & grants$1.00M92%
Program service revenue$6K1%
Investment income$86K8%
Other revenue$0
expenses
Total expenses$1.07M
Program expenses91%
Admin / overhead8%
Fundraising1%
Salaries & benefits$251K
Grants paid out$556K
Largest expense lineCompensation
balance sheet
Total assets$2.22M
Cash$143K
Investments$1.81M
Liabilities$370K
Net assets$1.85M
Liquid reserves21.8 mo
5 years on record · 2019–2024 · YoY revenue -20.3%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 2
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| CAROLYN REBECCA SENN | Executive Dir. | 40 | $129K |
| KIM ALLMAN | Interim Exe.Dir | 40 | $10K |
board members · 17
- Bernadette M Mueller — Member
- Deborah Johnson — Board President
- Domenico Ciaccio — Secretary
- Donald Tom — Treasurer
- Elaine Dovas — Member
- Lynn R Ally — Member
- Marie Pedraza — Vice President
- Mariely Moronta- Sanchez — Member
- Martha Abrams — Member
- Michael Esposito — Member
- Mina Minelli — Member
- Nia Rock — Member
- Patricia Strong — Member
- Peter Elkowitz — Member
- Reinaldo Perez — Member
- Rev Dr Charles Butler — Member
- Ruth Burgos — Member
relationships · 15
Who they work with
- Abode Alliance Partner — Implements the Core Homeownership Program in partnership with a network of nonprofit housing counseling agencies.
- Abode Alliance Partner — Provider of financial education resources and guidance to participants in the Rent Builds Credit program.
- Appraisal Institute Partner — Provider of coursework within the workforce development program for aspiring appraisers.
- HUD Government — HUD-approved housing counseling intermediary with responsibility for compliance and reporting under federal standards.
- Housing and Urban Development (HUD) Government — HUD-certified intermediary providing housing counseling through HUD-certified agencies.
- Housing and Urban Development (HUD) Government — Provides certification for housing counselors and approval for homebuyer education courses.
- JPMorganChase Funder — Funds the Securing Your Legacy program.
- JPMorganChase Partner — Corporate partner supporting the Secure Your Legacy event series.
- NYCHA Partner — Partner agency whose residents are served by the Rent Builds Credit initiative.
- New York City Housing Authority Partner — Partnered with Abode Alliance and Piñata on financial empowerment initiatives.
- New York City Housing Authority Partner — Partnered with NYMC to launch the Rent Builds Credit program.
- Piñata Partner — Collaborates with Abode Alliance and NYCHA on financial empowerment programs.
- Piñata Partner — Partnered with NYMC to launch the Rent Builds Credit program.
- Piñata Partner — Technology partner enabling the reporting of on-time rent payments to credit bureaus.
- eHome America Partner — Partner organization providing a HUD-approved online homebuyer education course.
strategies · 4
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Coalition-Based Systems Changemethodology: coalition-based_collaborationBy uniting cross-sector stakeholders—including lenders, nonprofits, policymakers, and realtors—into a coordinated coalition, the organization drives systemic reform in affordable homeownership, because collective action enables policy innovation and equitable resource distribution at scale.
- Diversity-in-Profession to Reduce Biasmethodology: diversity-in-profession-to-reduce-biasBy increasing racial diversity in the appraisal profession through recruitment and training initiatives, the organization reduces biased valuations in communities of color and builds wealth-building pathways, because representation in valuation roles directly influences fair housing outcomes and systemic equity.
- Integrated Barrier Reduction Modelmethodology: comprehensive_barrier_reductionBy addressing multiple systemic barriers simultaneously—such as financial illiteracy, credit inaccessibility, and workforce inequity—the organization increases sustainable homeownership outcomes for low- to moderate-income households, because holistic interventions produce greater cumulative impact than isolated services.
- Networked Capacity-Building Modelmethodology: networked_capacity_buildingBy combining centralized administrative and training support with locally delivered, culturally competent counseling, the organization strengthens the performance and compliance of nonprofit housing agencies, because intermediary-scale efficiency enables community-level effectiveness in client-centered service delivery.