POAH's mission is to create, preserve and sustain
affordable, healthy communities that provide economic
security and access to opportunity for all people.


June, 2019
With the acquisition of six YMCA buildings and Austin, Elgin properties, POAH has preserved and created nearly 1,800 affordable rental apartments in or near Chicago since 2008.
Chicago

POAH's footprint in Chicago area expands with acquisition of 700 affordable apartments

POAH significantly extended its footprint in the Chicago area this spring with the acquisition of nearly 700 affordable rental apartments in the City and two suburbs, bringing to close to 1,800 the number of units it has preserved or created in the area since establishing a presence there in 2008. These latest acquisitions also bring POAH’s total portfolio to more than 11,000 affordable homes.

Photo: The recent acquisitions include six buildings formerly owned by the YMCA Foundation


Boston
Mattapan Station redevelopment moves forward
“The redevelopment of Mattapan Station will greatly benefit the City and Commonwealth, helping us reach our goal of adding hundreds of much-needed housing units to Boston, while delivering critical infrastructure upgrades and attracting private investment to the neighborhood,” said Massachusetts Governor Charlie Baker .  


rendering, future Mattapan Station
"My kids and I made a fresh start at Hawthorne and our future looks bright!"
Family Self-Sufficiency Program yields positive preliminary results
When  Phyllisha Gregory  moved into Hawthorne Apartments in Independence, MO, the single mother of two young children worked full-time, carried a full load at a Kansas City career college and attended a local community college on a part-time basis. Phyllisha  has leveraged Hawthorne resources including the  Family Self Sufficiency Program (FSS)  to accomplish some impressive goals.


Rhode Island:
U.S. Senator Jack Reed (D-RI), seated at far right, met with FSS participants at POAH's Hillside Village Apartments in Providence, RI on June 7. Reed was a co-sponsor of the bipartisan federal Family Self Sufficiency Act which expanded eligibility, secured funding and streamlined the program. POAH President and CEO Aaron Gornstein is on Reed's right.
Thought Leadership:

LIHTC Average Income Test: A powerful tool for preservation

by Andrew Spofford, POAH Chief of Staff/ Senior Vice President
Bedford Village will be the first POAH property to use the new Average Income test.
As the LIHTC community comes to terms with the new Average Income (AI) test, much of the conversation has focused on AI’s value as a tool to promote a broader income mix -- or on concerns about AI’s complexity and compliance risks. 


PLAYGROUND BUILD DAY ON CAPE COD:

Cromwell Court residents and staff in Hyannis, Massachusetts cut the ribbon after volunteers built a new playground that was funded by a construction grant from Keurig Dr Pepper and national nonprofit KaBoom!


Property Video:

Kenmore Abbey Apartments, steps from Fenway Park, is a 199-unit affordable senior rental community. In its former life, the historic property was one of Boston's grand hotels in the late 1890s and guests included visiting baseball teams. It was converted to affordable housing in 1984.