Since it was first enacted in 2000, the Community Preservation Act has had a sizable impact on open space, housing, recreation and historic preservation throughout the Commonwealth. But it’s also been a victim of its own success, with increased participation putting a strain on the state's ability to match funds. -- Wicked Local article
from The Bay State Banner The MBTA officially has designated a development team to bring new life to the parking lot by the Mattapan Square bus and trolley station. Nonprofit organizations Preservation of Affordable Housing Inc. (POAH) and Nuestra Comunidad together will turn the underused lot into retail space and affordable and market-rate housing. read more
POAH and community leaders and supporters cut the ribbon to celebrate the completion of renovation at Trinity Towers West, a 192-unit senior affordable building in Melbourne, FL. The $9 million renovation includes all new kitchen and baths, windows, roof replacement, flooring upgrades, energy-efficiency measures and HVAC. Also, a number of health and fire safety upgrades were added including sprinklers on every floor. There are 10 new fully accessible units and ADA changes to the common areas.
Nonprofits Preservation of Affordable Housing (POAH) and Somerville Community Corporation (SCC) and real estate investment/development firm Gate Residential have been selected to develop the Clarendon Hill property located at 34 North Street, Somerville according to a Somerville Housing Authority (SHA) announcement this week. The Clarendon team was selected earlier this month by the SHA’s selection committee after review of the proposals and an interview process.
POAH has been selected as a recipient of the Community Progress Makers Fund, a $20 million grant initiative to support 40 visionary nonprofit organizations in their efforts to establish new approaches to long-standing urban economic challenges in the United States – including economic development, environment sustainability, urban infrastructure, and affordable housing.
The MBTA has chosen a development team to build a mixed-use project on what is now an underused parking lot next to Mattapan Station. The decision sets in motion an important new housing start in one of the few Boston neighborhoods that has been relatively untouched by the city's unprecedented building boom. read article
POAH has received the top innovation award for its proposal to create a new "affordable housing donation tax credit" (DTC) for Massachusetts from The Home Funders, a collaborative formed in 2003 to address the unprecedented crisis in affordable housing for very low income families in the state. The tax credit would use a portion of the existing state housing credit to encourage the donation of existing housing to nonprofits who agree to preserve it as affordable for the long-term.
Maria Navarro, Property Manager for Cutler Meadows Glen in Miami (center) accepted an award given to POAH Communities for the Miami's property's participation in the new Homeless Preference program launched by HUD-Miami and the Homeless Trust Group.
POAH's Chicago mixed-use building receives Low Income Housing Tax Credits from Illinois Housing Development
The Illinois Housing Development Authority (IHDA) this week announced that POAH's future Woodlawn Station, a mixed-use building that will offer 70 apartments in Chicago's Woodlawn neighborhood, will receive Federal Low-Income Housing Tax Credits. Construction will begin this fall on the mixed‐use, transit oriented development which will create one- two- and three-bedroom apartments and 15,000 square feet of ground level retail space on 63rd Street. read more
rendering of Woodlawn Station
The Grant at Woodlawn Park, POAH's second new construction building on South Cottage Grove Avenue in Chicago, has earned the "LEED for Homes" Platinum rating- the highest possible ranking- from the U.S. Green Building Council. LEED stands for Leadership in Energy and Environmental Design. This is POAH's second LEED Platinum designation in Chicago; The Jackson at Woodlawn Park earned the title a few years ago.