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AFFORDABLE HOUSING PARTNERSHIP OF THE CAPITAL REGION INC
ALBANY, NY · EIN 141724900 · Form 990 · FY2024 · NTEE L00J · Housing & Shelter · Medium ($1M-$10M) · ahphome.org
revenue
$1.9M
expenses
$1.8M
net assets
$795K
employees
13
volunteers
2
program ratio
99%
mission · from form 990

STRENGTHEN NEIGHBORHOODS AND THE FINANCIAL INDEPENDENCE OF RESIDENTS THROUGH ADVISEMENT, FINANCIAL RESOURCES, COMMUNITY ORGANIZING AND COLLABORATION.

profile · synthesized from sources

Nonprofit organization based in Albany, NY, that strengthens neighborhoods and promotes financial independence through homeownership education, down payment assistance, energy efficiency improvements, and home repair programs. Primarily serves low-income and Black households in New York's Capital Region. Works in collaboration with the Albany Community Land Trust and Community Realty to expand affordable housing and address systemic inequities in homeownership.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $1.02M
    ENERGY - AHP PROVIDES OUTREACH AND ASSISTANCE TO LOW INCOME HOMEOWNERS APPLYING FOR A NYSERDA HOME ENERGY ASSESSMENT AND FINANCING TO COMPLETE HOME ENERGY IMPROVEMENTS. IN CONJUNCTION WITH THIS, AHP MANAGES A HOME REPAIR PROGRAM. ADDITIONALLY, AHP IS IMPLEMENTING A ROOFTOP SOLAR PROGRAM FOR LOW INCOME HOMEOWNERS USING PROGRAM FUNDS FROM NYSERDA. AHP ASSISTED OVER 260 HOUSEHOLDS WITH ENERGY EFFICIENCY PROJECTS DURING THE YEAR.
  2. #2 $256K
    COMMUNITY DEVELOPMENT - AHP HAS DEVELOPED A REVITALIZATION PLAN FOR THE SHERIDAN HOLLOW NEIGHBORHOOD SURROUNDING ITS OFFICE ON ORANGE STREET. PLANNING WORK WILL BE COMPLETED BY AHP STAFF AS WELL AS SUBCONTRACTED EXPERT CONSULTANTS. AHP HAS SUPPORTED THE SHERIDAN HOLLOW NEIGHBORHOOD ASSOCIATION AS THEY HAVE WORKED TO BRING LOCAL AND STATE RESOURCES TO THIS NEIGHBORHOOD WHERE 45% OF THE HOUSEHOLDS LIVE BELOW THE POVERTY LEVEL. AHP FACILITATED MONTHLY NEIGHBORHOOD ASSOCIATION MEETINGS FOR FEEDBACK ON THE PLANNING EFFORTS COORDINATED BY AHP.
named programs · 6 · from sources

What they call their work

Albany Home Repair Program
Provides financial assistance for health and safety repairs such as roofing, heating systems, and electrical upgrades to eligible homeowners in the City of Albany
Community Realty
Social enterprise that provides affordable property management services for rental properties serving low-income tenants and a business incubator
Energy Efficiency & Solar Program
Connects low-income homeowners with NYSERDA-funded energy assessments, efficiency improvements, and rooftop solar installations to reduce utility costs
Homebuyer Education Program
Three-step program including Homebuyer 101 orientation, one-on-one advising, and comprehensive homebuyer education class to prepare first-time buyers for homeownership
Reparative Housing Justice Fund (RHJF)
Grants up to $10,000 to Black first-time homebuyers in selected Capital Region cities to cover down payment and closing costs, addressing historical housing inequities
Sheridan Hollow Revitalization
Neighborhood planning initiative supporting the Sheridan Hollow Neighborhood Association with community-driven improvement plans, energy master planning, and Brownfield redevelopment
activities · 6 groups

What they do

  • First-Time Homebuyer Support Services 3 activities
    • Down payment and homebuyer assistance programs
      Administers down payment assistance programs such as the Homebuyer Dream program and provides grants of up to $10,000 to Black first-time homebuyers in specified cities to cover down payment and closing costs; determines eligibility using HUD income guidelines and offers expanded eligibility through lender-partnered programs.
    • Homebuyer education and counseling
      Offers free monthly Homebuyer 101 orientations and comprehensive homeownership education classes that result in a certificate of completion; also provides one-on-one housing advisor meetings to create personalized homeownership plans, assess eligibility for down payment assistance, review credit, and establish savings strategies.
    • Mortgage counseling and financial support for homeowners
      Provides mortgage counseling and support to homeowners facing financial challenges, helping them negotiate with lenders and apply for loan modifications.
  • Land Bank Property Revitalization 1 activity
    • Community planning and development support
      Supports the development of energy master plans, Sheridan hillside plans, and redevelopment strategies for vacant commercial and residential buildings in the neighborhood.
  • Low-Income Home Energy Efficiency Upgrades 1 activity
    • Energy efficiency and home assessment services
      Provides free home energy assessments with actionable reports and assists low-income households with energy efficiency improvements and financing through NYSERDA; installed 32 rooftop solar panels on low-income homes and 5 on commercial buildings.
  • Home Repair Assistance for Low-Income Households 1 activity
    • Home repair and rehabilitation assistance
      Administers the Albany Home Repair Program, providing funding for roof repairs, heating system upgrades, and electrical upgrades for eligible homeowners; supported 72 homeowners in Albany with over $2.1 million in repairs and renovated 4 formerly vacant properties through partnership with the Albany Community Land Trust.
  • Neighborhood Revitalization Initiatives 1 activity
    • Neighborhood revitalization and community development advocacy
      Collaborated with the Sheridan Hollow Neighborhood Association to secure state designation of the neighborhood as a Brownfield Opportunity Area; developed a neighborhood revitalization plan and facilitated monthly community meetings to coordinate input and resource mobilization.
  • Affordable Housing Development and Management 1 activity
    • Property and housing management
      Manages 53 low-income scattered-site residential units and a 12-unit business incubator through its Community Realty social enterprise program.
financials · form 990 · fy2024
revenue
Total revenue$1.90M
Contributions & grants$1.52M80%
Program service revenue$357K19%
Investment income$4K0%
Other revenue$15K
expenses
Total expenses$1.83M
Program expenses99%
Admin / overhead0%
Fundraising1%
Salaries & benefits$716K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$1.55M
Cash$445K
Investments$0
Liabilities$755K
Net assets$795K
Liquid reserves2.9 mo
6 years on record · 2019–2024 · YoY revenue +3.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
SUSAN COTNER EXECUTIVE DIRECTOR 40 $68K
board members · 9
  • BOB MACLASCO — SECRETARY
  • CAITLIN BURNS — PRESIDENT
  • ELLEN STEINFELD — MEMBER
  • ERIC DAHL — TREASURER
  • JENNIFER KENNEDY — MEMBER
  • KIMBERLY REILLY — MEMBER
  • MARLENE MORALES — MEMBER
  • ROGER MARKOVICS — VICE PRESIDENT
  • VALERIE ALEXANDER — MEMBER
relationships · 15

Who they work with

  • Albany Community Land Trust Partner — Integrated program partner providing joint services for affordable homeownership and rental housing.
  • Albany Community Land Trust Partner — Partner organization collaborating with AHP to renovate and sell formerly vacant properties and manage affordable rental units.
  • Capital Region Clean Energy Hub Coalition — Regional coalition co-comprised of AHP and five partner organizations focused on connecting households to energy efficiency incentives and clean energy job training.
  • Carl E. Touhey Foundation Funder — Funder of the Reparative Housing Justice Fund, which supports Black first-time homebuyers.
  • City of Albany Partner — Collaborates with the City of Albany to deliver home repair assistance for eligible homeowners.
  • Community Realty Partner — Social purpose real estate company collaborating with AHP to provide comprehensive affordable housing services.
  • HUD Government — Relies on HUD-published income limits to set eligibility criteria for homeownership programs.
  • NYSERDA Government — Provides program funds and supports AHP's energy efficiency, home repair, and rooftop solar initiatives for low-income homeowners.
  • National Grid Partner — Partner organization referenced for discounted energy-efficient products through its marketplace.
  • Participating Lenders Partner — Collaborates with participating lenders to deliver the Homebuyer Dream down payment assistance program.
  • Puma Jaguar PB6A Partner — Hosts the online Homebuyer Education class platform in partnership with AHP.
  • SONYMA Partner — Collaborates with SONYMA to provide down payment assistance loans and renovation grants in conjunction with SONYMA financing.
  • Sheridan Hollow Neighborhood Association Partner — Collaborates with AHP on neighborhood revitalization planning and community engagement efforts in the Sheridan Hollow neighborhood.
  • Sheridan Hollow Neighborhood Association Partner — Collaborating with AHP to secure Brownfield Opportunity Area designation and develop community revitalization plans.
  • U.S. Department of Housing and Urban Development Government — Relies on HUD's annually published income guidelines to set eligibility limits for down payment assistance programs.
strategies · 5

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.

  • Collaborative, Community-Driven Service Delivery
    methodology: collaborative_service_delivery
    By partnering with community land trusts, realty organizations, and other local entities, we expand access to affordable housing resources and strengthen neighborhood-led development, because collaborative models leverage shared expertise and trust to achieve greater reach and sustainability.
  • Integrated Energy Efficiency and Homeownership Support
    methodology: integrated_home_improvement_and_energy_assistance
    By combining energy efficiency upgrades, home repair assistance, and solar adoption with financial and counseling support, we reduce household costs and environmental impact while improving housing stability, because affordable, efficient homes are foundational to long-term financial health and climate resilience.
  • Personalized, Standards-Aligned Homeownership Counseling
    methodology: personalized_counseling_with_standards_alignment
    By delivering individualized housing counseling aligned with national standards, we increase successful homeownership outcomes, because tailored financial planning, credit review, and education address personal barriers more effectively than one-size-fits-all approaches.
  • Reparative Housing Justice
    methodology: reparative_housing_justice
    By providing targeted financial assistance and down payment support to Black first-time homebuyers, we advance equitable homeownership and repair historical harms from discriminatory housing policies, because systemic exclusion from homeownership has been a root cause of racial wealth gaps.
  • Wealth-Building Through Homeownership
    methodology: wealth_building_through_homeownership
    By promoting homeownership among low- and moderate-income families, particularly Black first-time homebuyers, we produce long-term wealth accumulation and reduce racial wealth disparities, because homeownership is a primary vehicle for intergenerational asset building in the U.S.