The seacoast New Hampshire town of Dover is a highly desirable community. Its median income ranks near the median for the state, and it generally has less than a 2% vacancy rate in its rental housing citywide.

Riverview Apartments are set along the beautiful Cocheco River, which is a central feature of downtown Dover. Amenities include on-site parking, private courtyard and a swimming pool. Residents can easily walk to a commercial shopping area nearby.

Cocheco Park Apartments are set beautifully along the Cocheco River, which is a central feature of downtown Dover. The 78 apartments represent two-thirds of the city's subsidized affordable stock, and preserving them as homes for low-income seniors was a concern for city leaders as well as the state housing finance agency.

Torringford West Apartments represented a classic preservation opportunity for POAH. The property is an attractive, well-maintained residence for low-income seniors, built in 1983 and located in a convenient residential neighborhood in Torrington, Connecticut. Its owners could have chosen to opt out of any rent regulatory program when its mortgage matured, converting to market-rate rents unaffordable to seniors on fixed incomes. 

Billings Forge Apartments is a 113-unit mixed-income apartment complex located in the Frog Hollow neighborhood of Hartford, CT. The previous owner, the Melville Charitable Trust, wanted to divest of the property and capture the value of this asset so it could use the proceeds to further its broader mission – while continuing its affiliation with the property. POAH was able to devise a creative structure which met all of these needs and entered into a partnership to leverage public and private investment for capital improvements at the site which was constructed as a tool plant in 1864.

Old Middletown High School Apartments is a 65-unit affordable apartment complex in Middletown, CT. The property is part of a National Historic District and individually listed on the National Historic Register.

POAH considered the Old Middletown High School property one of the Connecticut’s most “at-risk” properties because of its location near the downtown district and historical significance.

The purchase and rehabilitation secured this critical affordable housing asset for Middletown and the State of Connecticut.

New Horizons Apartments is an affordable, senior rental housing community located in northern Miami with easy access to commercial areas, employment centers and public transportation.  With 100% project-based Section 8 subsidy, this property provides a valuable housing resource for some of Miami’s neediest elders. 

Built in 1968, Campbell Arms Apartments is a 201 unit multi-family apartment complex located approximately 30 miles south of Miami in the suburb of Homestead.  After being severely damaged by Hurricane Andrew in 1996, the property went through the LIHPRHA program extending its use agreement for 50 years.

Part of the portfolio purchased from another non-profit, POAH coordinated with HUD to complete a transfer of the properties in 2009.    

Middletowne Apartments is a 100 unit family complex in the Orange Park community just outside of Jacksonville, Florida. Set in an attractive single family home development area, Middletowne offers the amenities of single family home living in an apartment setting.

Trinity Towers East, a 14-story 156-unit development was acquired in 2013 from the Holy Trinity Episcopal Church of Melbourne, Florida. Trinity Towers East was built in 1967 under the HUD Section 202 program with a direct loan.

When acquiring the property in 2013, POAH faced the challenge of navigating the distinct rules of the different programs; the transaction benefited, however, from HUD’s new rules regarding refinancing and sale of these older Section 202 developments which makes it easier for faith-based owners to transfer properties to non-profits specializing in housing.

Located in an attractive residential neighborhood with great access to highways, local services and schools, Cutler Glen and Meadows’ affordability is a valuable resource for the city of Miami.

Maintaining and securing both its affordability and its functionality for years to come has proved to be a valuable asset for the surrounding community.  Acquired as part of a portfolio of properties purchased from a sister non-profit that undergone hard times, this property has the appeal and marketability to have fallen prey to a market-rate buyer.