WAREHAM - Boston-based nonprofit housing developer Preservation of Affordable Housing, which owns 3,426 affordable apartments in Massachusetts, is one of six winners of a Housing Affordability Breakthrough Challenge grant from Enterprise Community Partners and Wells Fargo to find the most innovative and scalable solutions to increase housing affordability across the U.S., according to a press release.
POAH will implement its breakthrough Trauma-Resilient Communities project - a collaborative, human-centered process whose goal is to deliver trauma-informed resident care within affordable rental housing - at Brandy Hill Apartments in Wareham. The property was originally developed in the early 1970s under the HUD Section 236 program which provides interest rate subsidies in exchange for affordability. The acquisition of Brandy Hill Apartments six years before affordability restrictions expired ensured the property’s affordability. In 2016, POAH refinanced and recapitalized the property’s substantial renovations. Continued here