Acquisition and Renovation
Renovating properties threatened with conversion to market rental or luxury housing with new systems and structures.
Renovating properties threatened with conversion to market rental or luxury housing with new systems and structures.
Chicopee, MA
Located near the town-center of Chicopee, Massachusetts, Dom Narodowy Polski Apartments is also known in town as The Polish Homes. The property includes two attached brick buildings with elevator access. The original building is listed on the National Register of Historic Places and dates back to 1910.
Hyannis, MA
Cromwell Court is a 124-unit affordable garden apartment complex in Hyannis consisting of 11 two-and-half story buildings built between 1972 and 1974. The property is located near Main Street in Hyannis with easy access to commercial areas, shopping, employment centers and transportation and includes two playgrounds, a basketball court and a community building with community room and management offices.
Lynn, MA
The historic Chestnut Gardens Apartments are located near downtown Lynn, a small city just north of Boston. The 65 units at Chestnut Gardens represented 5% of Lynn's privately-owned subsidized rental housing when POAH acquired the property.
East Wareham, MA
Brandy Hill Apartments are located in Wareham, a southeastern Massachusetts town at the head of Buzzards Bay. The complex is located in a charming natural setting and includes a number of amenities including an outdoor swimming pool, playgrounds and a community building.
Boston, MA
The Blackstone Apartments is one of the six Massachusetts properties acquired by POAH in a single portfolio in the summer of 2012. The property houses seniors and people with disabilities, most of whom receive Section 8 rental assistance and have an income level of no more than 50% of the average median income.
Framingham, MA
Tribune Apartments is a 53-unit affordable housing development in the vibrant Irving Square Historic District of South Framingham, only one block from Town Hall.
The complex consists of two historic, attached buildings: the Tribune Building, constructed in 1890 to house the weekly Framingham Tribune newspaper; and the Victory Building, built in the early 1900s. In 1982, the 4-story property was converted to its current use as affordable housing for elderly, handicapped and disabled households.
Boston, MA
The Kenmore Abbey Apartments is a 199-unit senior rental community in the Fenway neighborhood of Boston, located steps away from Fenway Park. The historic property was constructed as a hotel in the late 1890s and was converted to its current use in 1984. Kenmore Abbey comprises two brownstone buildings that are architecturally significant and are connected by a footbridge between their second floors. Kenmore Abbey is a 100% senior Section 8 property with a very strong waiting list for occupancy.
Randolph, MA
Bridle Path Apartments comprises three handsome, wood-frame, brick-faced buildings in the Boston suburb of Randolph, MA.
Bridle Path is governed by local zoning covenants which protect it as housing for the elderly in perpetuity. However, at the time of POAH’s acquisition, its long-term affordability could have been jeopardized as its mortgage reached expiration, which would have eliminated the regulatory restrictions on its allowable rents.
Hudson, MA
Machado House at Peter’s Grove is a 96-unit senior housing development in Hudson, MA, set back from the main road in a multi-family residential neighborhood in close proximity to transportation routes, retail shops and the town’s center. The 5-story wood framed building was constructed in 1983 and has been well maintained and operates at 99% occupancy.
Pittsfield, MA
The Central Annex and Union Court buildings, originally built as a high school and a hotel respectively, were combined to create 101 subsidized housing units for families, seniors, and disabled residents in 1980. The two sites are located a half mile from each other within walking distance to downtown Pittsfield, shopping, city offices and other amenities.