Powered by LevrNAICS 624229: Other community housing services
NAICS 624229 is the industry code for other community housing services. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 624229 covers
These organizations provide housing related services such as transitional housing, volunteer home construction and repair for low income families, and housing assistance programs.
Included in this code
- Transitional housing programs
- Habitat style volunteer home building
- Low income home repair programs
- Housing assistance and placement
- Supportive housing services
Not this code
- Temporary shelters: see 624221 Temporary shelters
- Housing program administration by government: see 925110 Administration of housing programs
- Residential builders: see 236115 New single-family housing construction (except for-sale builders)
Businesses that use 624229
Financing for this trade
Housing nonprofits finance properties with CDFI loans, low income housing tax credit structures, mortgages and construction lines. Lenders look at grant commitments, subsidy contracts and development experience.
Apply for funding with AIIs 624229 the right code for a community housing service organization?
Yes, if you provide community housing services such as transitional housing, volunteer home building or home repair for low income households. Emergency shelters use 624221. Government housing agencies use 925110. For profit home builders use 236115. Supportive housing service providers fit here as well.
What is the SBA size standard for 624229?
SBA sets the size standard for 624229 at $19 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Community housing service organizations at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent community housing service organizations fall well inside the limit, so size is rarely what decides an SBA application.
How do housing nonprofits finance projects?
Projects usually combine grants and donations with CDFI loans, construction lines and sometimes tax credit equity. Revolving loan funds help with home repair programs. Lenders look at secured funding commitments, development experience and operating reserves. Revolving funds can also support repair programs.
What does NAICS 624229 cover?
Other community housing services. Industry level code in NAICS 2022, under 62 Health care and social assistance, 624 Social assistance, 6242 Community food and housing, and emergency and other relief services, 62422 Community housing services.
What financing do NAICS 624229 businesses use?
Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 624229?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.