POAH began renovations in June 2021 and in 2023 completed a $40M renovation that drastically increased interior air quality and energy efficiency of the building, bringing it close to Passive House standards.

Springfield is the largest city in western Massachusetts and more than half of its residents experience a high housing cost burden, meaning they must devote more than 30% of their household resources to housing costs. Solidly built in 1943 as military housing, Bay Meadow was converted to affordable housing in the 1980s. With its 100% project-based rental assistance through the Section 8 program, the property represented an irreplaceable affordable housing asset.

Rock Harbor Village is community housing development for elderly and disabled individuals located in Orleans (Cape Cod), Massachusetts. The 100 garden apartments are housed in 5 residential wood framed, shingled buildings. All of the buildings were originally constructed in 1978. The property is setback from the main road and is close to the town’s center, retail stores and major transportation routes. The site contains a well-used community building, barbecue areas and a pet park. It is 100% Section 8 and historically has had a 99% occupancy rate.

King’s Landing, located in Brewster, Massachusetts, is a critical affordable housing asset for the Town of Brewster and greater Cape Cod community.  Many towns on the Cape have a very limited amount of affordable rental housing inventory.  To preserve King's Landing as an important housing resource, POAH worked with state and local agencies to extend the property’s affordability restrictions which prior to refinancing, were scheduled to expire in 2017.

The attractive and well-kept 3+ acre development, Cherry Hill, might have been an appealing candidate for conversion to market-rentals in late 2004, but POAH and Rhode Island Housing crafted a refinancing package which preserved Cherry Hill’s affordability for at least 20 years. The property’s project-based Section 8 rent subsidy contract ensures that residents will continue to spend only 30% of their incomes for monthly rent.

The Heritage Village complex in North Kingstown has provided affordable housing for low-income families and seniors since it was built in 1979. North Kingstown is a desirable Rhode Island community with a very limited supply of affordable rental homes and there was significant concern about the possible loss of affordability of the 204 homes as the development's mortgage reached maturity.

Pocasset Manor is well located in the Olneyville neighborhood of Providence less than two miles from downtown and has always been a highly rentable property.

The senior and disabled residents of Pocasset Manor were facing nearly immediate displacement until POAH purchased this property in 2006; the owner had posted written notice of his intent to 'opt out' of the Section 8 program, and convert the building to market-rate rents.

This family rental property is located in a solid residential neighborhood just a quarter-mile from the Providence-Johnston border and was nearing the expiration of its mortgage as well as its Section 8 rental subsidy contract when POAH purchased it along with Pocasset Manor. The financing combined mortgage and construction loans from Rhode Island Housing with the proceeds generated from syndication of Low Income Housing Tax Credits. 

Fieldstone Apartments was built in 1970 and is located just three tenths of a mile from Point Judith Pond, a four-mile-long saltwater pond which opens to Point Judith Harbor and the Atlantic Ocean. With its proximity to the seashore, this site would clearly have appeal to a market-rate developer but POAH was able to work with the town and state housing agency to preserve this family housing in 2007.

Grace Apartments is a 102 unit, 99% Section 8 senior apartment property located in downtown Providence. Its prime location just off I-95 and on the edge of the city’s booming “Downcity” district made it a potential market-rate conversion candidate, but a faith-based seller selected POAH to purchase the property based on its strong preservation track record.