Resource Housing Group, Inc. (RHG) is a legitimate Atlanta-based 501(c)(3) nonprofit organization that specializes in developing, owning, and operating affordable housing properties (primarily using Low-Income Housing Tax Credits/LIHTC and other public incentives). It also develops some market-rate, senior/memory care, build-to-rent, and single-family projects.
History and Founding
RHG was incorporated in 1994 as a Georgia corporation and received 501(c)(3) tax-exempt status in March 1995 (EIN: 58-2131548). It grew out of an affiliated multistate nonprofit healthcare system founded in 1987 by Bryant G. Coats. That larger organization (collectively referred to as RHA) expanded into housing alongside healthcare facilities. In October 2015, the healthcare division was sold to a private equity firm (at the time it served over 10,000 people daily, generated >$260 million in annual revenue, and employed >5,000 people across 9 states). After the sale, RHG focused even more intensely on affordable housing development.
Mission
RHG’s stated mission is “to provide low to moderate-income individuals and families with quality, secure, and affordable housing in underserved areas.” The organization emphasizes that affordable housing supports social stability, economic value, community well-being, and family advancement. It notes the severe national shortage (only ~30 affordable units available per 100 extremely low-income Americans) and aims to expand supply in new markets.
Portfolio and Operations
- Track record: Developed 50+ properties totaling over 6,000 residential units historically. Another 500+ units are currently in planning or construction.
- Current portfolio: Owns/operates ~50+ properties with over 4,200 units under active asset management (across 8–11 states).
- Markets: Georgia, Alabama, Louisiana, Tennessee, North Carolina, South Carolina, Virginia, Kansas, Missouri, Oklahoma, and Arizona.
- Project types: Primarily affordable multifamily (income-restricted), but also memory care/assisted living, build-to-rent, market-rate multifamily, and single-family communities. They emphasize data-driven site selection, tailored design, creative financing (LIHTC, bonds, grants), and long-term performance/value retention.
RHG works closely with state housing finance agencies, local governments, lenders, equity investors, and partners on tax-credit applications and incentives (exactly as seen in the Topeka and Lawrence, KS projects).
Leadership Team (Key Members)
- Bryant G. Coats — Founder, Chairman & Co-Chief Executive Officer. Long-time leader in nonprofit housing and healthcare development; serves on boards of Shepherd Center Hospital (Atlanta) and the Georgia Affordable Housing Coalition; University of Alabama President’s Cabinet member.
- Chase Northcutt — Co-Chief Executive Officer & President. Joined in 1995; oversees multifamily development, financing, LIHTC applications, construction, and operations. Auburn University graduate (B.S. Hospital Administration); Atlanta resident.
- Nathan Farmer — Chief Financial Officer (since 2021). MBA from University of Georgia; previously CFO of Routematch Software (sold to Uber).
- Samit Patel — Vice President of Asset Management. Oversees day-to-day operations of the entire ~4,200-unit portfolio. East Carolina University accounting graduate.
- Sam Coats — Vice President of Development (the representative who presented the Topeka 37th & Gage project to Shawnee County commissioners). Handles new project origination, government/agency coordination, and construction stabilization. University of Alabama graduate; joined RHG in 2019.
- Mike Douglass — Vice President of Construction (joined 2024). Leads design/entitlement/construction; LEED Accredited Professional; Auburn University graduate; prior experience with large-scale multifamily and military housing redevelopment (>$1B in projects).
Financial Snapshot (from ProPublica/IRS Form 990 data)
As a development-focused nonprofit, RHG’s revenue fluctuates with project closings, tax-credit syndications, and contributions. Recent years show strong net-asset growth:
- 2024: Revenue ~$7.2M; Net assets ~$69.4M; Total assets ~$76.7M.
- 2023: Revenue ~$20.4M; Net assets ~$63.8M.
- 2022: Revenue ~$2.7M; Net assets ~$44.0M.
Key officers (Coats and Northcutt) receive compensation through related organizations/affiliates (common structure in this sector), but the core nonprofit reports low direct overhead. No major red flags or controversies appear in public records.
Connection to Topeka / Kansas
RHG is actively expanding into Kansas. The 37th & Gage (Peaks of Topeka / Peaks of Gage) 42-unit project is one of their current LIHTC deals (~$12M total, with Shawnee County revenue bonds approved in April 2026). They are also advancing a senior housing project in Lawrence (“The Peaks of Lawrence”). Sam Coats (VP Development) has been the primary point person in local presentations.
Headquarters/Contact: 3350 Riverwood Parkway SE, Suite 800, Atlanta, GA 30339 | Website: rhgroup.org (clean, professional site focused on development expertise).
In short, RHG is an experienced, midsized nonprofit affordable housing developer with a 30+ year track record, multi-state footprint, and a clear focus on LIHTC-driven projects—just like the one proposed for Topeka. If you want specifics on their other Kansas projects, financial filings, or a particular leader/property, let me know!
