62422 - Community Housing Services
If you're exploring the Social Assistance sector and wondering how community-focused housing support is classified, NAICS code 62422, titled Community Housing Services, is essential to know. This classification plays a crucial role in identifying businesses and organizations dedicated to helping individuals and families access and maintain affordable housing. Whether you’re a government contractor, a nonprofit organization, or a real estate developer specializing in affordable housing, understanding NAICS 62422 is key to aligning your services with industry standards and maximizing eligibility for funding or grants.
What is NAICS Code 62422 - Community Housing Services?
NAICS 62422 encompasses establishments primarily engaged in providing assistance and support for securing and maintaining affordable housing. These services typically involve:
- Housing counseling and education
- Tenant support and advocacy
- Management and operation of community housing programs
This code highlights the critical role organizations take in stabilizing housing for vulnerable populations and fostering sustainable community development.
Sector Overview: Social Assistance
NAICS 62422 falls under the Social Assistance sector, which broadly includes organizations delivering social support services. Within this sector, Community Housing Services focuses on:
- Enhancing housing stability for low-to-moderate income individuals and families
- Preventing homelessness by offering tailored tenant support
- Administering affordable housing projects and community-based housing initiatives
This sector is essential in addressing societal challenges related to housing insecurity and affordability.
Typical Business Activities Under NAICS 62422
Businesses and organizations classified under Community Housing Services often include:
- Affordable Housing Development Organizations: Groups focused on planning, building, and managing affordable housing units.
- Tenant Support and Advocacy Groups: Entities offering tenant education, rights advocacy, and rental assistance.
- Community Housing Management Agencies: Companies or nonprofits overseeing the daily operations and maintenance of community housing properties.
These activities collectively contribute to reinforcing the foundation of community housing stability.
Size Standards for NAICS 62422 Eligibility
To qualify under NAICS code 62422, the Small Business Administration (SBA) provides size standards primarily used to determine eligibility for federal contracting preferences:
- Size Standard: Typically based on annual revenue
- For NAICS 62422, the SBA defines small business size standards at $38.5 million in average annual receipts
Understanding these size standards is crucial for organizations seeking government contracts or grants under this classification.
Examples of Businesses That Fall Under NAICS 62422
- Local nonprofit housing assistance agencies providing rental support and eviction prevention
- Tenant unions offering legal counseling and organizing advocacy initiatives
- Community Development Corporations (CDCs) managing affordable housing developments
- Social service agencies focused on transitional or supportive housing programs
NAICS Code 62422 Details Table
| Category | Details |
|---|---|
| NAICS Code | 62422 |
| Title | Community Housing Services |
| Sector | Social Assistance |
| Description | Provides assistance and support for individuals and families in affordable housing; includes housing counseling, tenant support, and community housing management. |
| Typical Business Activities | Affordable housing development, tenant advocacy, community housing management |
| Size Standard | $38.5 million average annual receipts (SBA) |
| Examples of Businesses | Housing nonprofits, tenant advocacy groups, community housing management agencies |
Frequently Asked Questions (FAQ)
What types of services are included in Community Housing Services?
Community Housing Services include housing counseling, tenant advocacy and education, rental assistance programs, and the management of affordable housing projects.
Who uses NAICS code 62422?
Nonprofits, government agencies, and private contractors engaged in community housing assistance and affordable housing development typically use this code.
How does NAICS 62422 help businesses?
This NAICS code helps businesses target federal contracting opportunities, align with proper industry classifications, and meet grant eligibility in the social assistance sector.
What is the SBA size standard for NAICS 62422?
The size standard is $38.5 million in average annual receipts, defining eligibility for small business programs.
Can for-profit businesses be classified under NAICS 62422?
Yes, if they are primarily engaged in community housing services such as managing affordable housing properties or tenant support programs.
Conclusion
NAICS code 62422 - Community Housing Services is a vital classification within the Social Assistance sector that identifies organizations dedicated to providing affordable housing support. Whether you're developing new community housing projects or offering tenant support services, understanding this NAICS code can help you navigate government contracts, funding opportunities, and industry benchmarking. Stay informed about your sector standards and size requirements to maximize your organization's impact in building stronger, more stable communities.
Keywords: NAICS code 62422, Community Housing Services, affordable housing, tenant support, social assistance, community housing management, housing counseling, SBA size standards
