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Bloomberg Business: A Lot of Cheap Housing is About to Get Very Expensive

... In 2013, a nonprofit called Preservation of Affordable Housing paid $234 million for about 850 apartments in Boston, Cape Cod and elsewhere in the state to prevent the units from being converted to market rate....

Old Middletown High School Apartments

THE MIDDLETOWN PRESS, Middletown, Ct, 12-9-15 City and state officials joined residents Wednesday to celebrate affordable housing with the nearly completed renovation of the Old Middletown High School Apartments done by the nonprofit developer Preservation of Affordable Housing. 

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