Congresswoman Pressley helps celebrate groundbreaking of affordable housing in Nubian Square
Congresswoman Ayanna Pressley (D-MA7) (second from right) joined POAH and Nuestra Comunidad and funders and supporters to celebrate the groundbreaking of new affordable housing to be built on the former MBTA Bartlett Station Lot D in Nubian Square in Boston.
Congresswoman Ayanna Pressley (D-MA7) (second from right) joined POAH and Nuestra Comunidad and funders and supporters
POAH cuts ribbon on former South Chicago YMCA building - now senior housing
ChicagoMayor Lori Lightfoot, Congresswoman Robin Kelly and10th Ward Alderwoman Susan Sadlowski-Garza helpedPOAH celebrate the grand re-opening of the former South Chicago YMCA, now known as the South Chicago Salud Center and Senior Housingon Dec. 18. Purchased in 2019, the property recently underwent significant rehab work with improvements to 101 senior apartments and the repurposing of the former non-residential YMCA spaces now operated by Claretian Associates for community services, after-school programming and other resources.
Photo: POAH Board Member Will Towns, Alderwoman Susan Sadlowski-Garza, Mayor Lightfoot, Claretian Associates Executive Director Angela Hurlock, Chicago Housing Commissioner Marisa Navara and POAH President/CEO Aaron Gornstein.
- former Vice President of Preservation at LISC and Director of Development at Community Economic Development Assistance Corporation
Non-profit Purchase Options Need Strengthening in LIHTC Program - Federal legislation and state action needed
The Low Income Housing Tax Credit (LIHTC) program is the nation’s longest-running and most successful program for affordable housing production and preservation. However, recent developments have called into question the ultimate ownership and stability of promised long term affordability of some of these properties. There are some solutions proposed in the Build Back Better bill.
Abt Study shows rise in income through Family Self Sufficiency participation
Resident participation in one of the Family Self Sufficiency programs administered by Compass Working Capital in six POAH properties in New England is associated with an average increase of $3,709 (24%) in annual earned income over 2.5 years.
POAH opens Terrapin Ridge Apartments on Cape Cod, MA
Sandwich Housing Authority leadership, Select Board members, partners and residents cut the ribbon at Terrapin Ridge Apartments on Cape Cod, Massachusetts in October. The development is a new construction affordable senior and family housing community in a highly desirable resort area.