(Bourne, MA) – In July 2017, Congressman William R. Keating (D-MA 9th) joined local and state officials and affordable housing supporters for a groundbreaking ceremony to kick-off the third and final phase of a mixed-income housing project that has brought a total of 117 new units to the town of Bourne in less than a decade.
By Donna Kimura and Christine Serlin, Affordable Housing Finance Magazine
This year’s 14th annual Readers’ Choice Awards competition drew 153 entries, from which 36 finalists were selected. Newsletter and magazine subscribers then voted for the winners in each category plus an overall winner. An Editors’ Choice winner was also selected.
Keurig Dr Pepper (KDP) and the national non-profit KaBOOM! have awarded a Let’s Play Community Construction Grant to build a new playground at Cromwell Court Apartments a 124-unit family affordable housing development in downtown Hyannis, MA owned by Preservation of Affordable Housing (POAH). The playground build is made possible by Let’s Play, an initiative of KDP that provides funding, equipment and play spaces to help families and children make active play a daily priority.
Focus on: Chicago
By Brad Stanhope, Novogradac Journal of Tax Credits
When visiting Chicago’s Central Business District, the first thing you notice is the large number of cranes building high-end residential developments,” said Jack Swenson, who works in community development for Local Initiatives Support Corporation (LISC) Chicago.
By: Bill Eager, Preservation of Affordable Housing; David Doig, Chicago Neighborhood Initiatives; Ghian Foreman, Greater Southwest CDC; and Richard Townsell, Lawndale Christian Development Corp.
Crain's Chicago Business
BOSTON, MA – U.S. Sen. Tim Scott (R-SC) visited POAH’s Whittier Street redevelopment in Boston on June 15 as part of a national tour of new Opportunity Zones – a program created by last year’s federal tax law that provides new incentives for investment in some of the country’s poorest neighborhoods.
The Whittier Street Apartments are located in Lower Roxbury, one of the 79 communities targeted by the Baker administration as an Opportunity Zone.
POAH has named Judith S. Jacobson as it new General Counsel/Managing Director starting September 4.
Woodlawn Park, A Choice Neighborhood Wins the Chicago Community Trust Outstanding Community Plan Award at the 24th Annual Chicago Neighborhood Development Awards
CHICAGO – On April 5, Local Initiatives Support Corporation (LISC) Chicago presented the 24th Annual Chicago Neighborhood Development Awards (CNDA) to recognize and honor the top community development, real estate development and architectural design projects in the city’s neighborhoods.
Florida US Senator Bill Nelson, local officials, partners and senior residents cut ribbon at Melbourne, FL affordable housing development
MELBOURNE, FL – US Senator Bill Nelson joined local officials, financial partners, and residents to cut the ribbon for the completion of $16.2 million in renovations to Trinity Towers, an affordable senior housing development in Melbourne, FL owned by nonprofit Preservation of Affordable Housing (POAH).
Providence, RI – Congressman David Cicilline (D-RI 1st District) and Providence Mayor Jorge Elorza today joined RIHousing and nonprofit developer Preservation of Affordable Housing (POAH) along with supporters and residents at a ceremonial groundbreaking for renovations to take place at Oxford Place and Oxford Gardens affordable housing complex.