The Cattaraugus Rural Housing Corporation holds ownership positions in a range of properties that have been developed for homeless, low-income, elderly and disabled individuals. The corporation is a wholly owned subsidiary of Cattaraugus Community Action. It operates a housing and community development division that assists in preserving and creating several housing opportunities for people with special needs. The Cattaraugus Rural Housing Corporation holds an ownership position in Delevan Terrace, which was constructed in 1985 and features more than 20 one-bedroom units for senior citizens. In addition, the corporation manages Franklinville Terrace in limited partnerships with USDA Rural Development. It also specializes in various property management services.