Housing funders & Town officials

Shoe Shop Place in Middleboro

NOAH is proud to be partnering with The Neighborhood Corporation (TNC), a CDC in Taunton, to redevelop a historic shoe mill at 151 Peirce Street in Middleboro.

 

All of us at NOAH want to say a big 'THANK YOU' to our recent funders, including: Century 21 Mario Real Estate, the City of Boston Public Health Commission, Boston Private Bank, Danilchuck Auto Body, the Danversbank Charitable Foundation, East Boston Foundation, East Boston Neighborhood Health Center, East Boston Savings Bank Foundation, Greg Comeau, Jean Staropoli, Lawrence Bramen, the Mass. Attorney General's Office, Mary Ellen Welch, Michael & Beth Fiore, Rose Fiore, State Street Foundation, and William Bacic, CEO of Deloitte. We also want to add a special 'Thank You' to Neighborworks America and to Congress for our recent Organizational Underwriting and RED Capital awards. Without our wonderful supporters, we could not maintain our client services or programs at their current levels. With them, we continue to create and maintain more sustainable neighborhoods and affordable housing than ever before!

Aaron Gornstein, Undersecretary DHCD, at CITC announcement in Worester

NOAH Receives $260k CITC Allocation 

NOAH is very grateful to have been awarded a total of $260,000 in Community Investment Tax Credits by the State for a two-year period. The 2014 allocation is $110,000; and the 2015 allocation $150,000. NOAH was one of 36 CDC's across the state to be awarded this funding, which represents a 50% tax credit designed to attract financial supporters of over $1,000 each.  Individuals and corporations can participate. Any excess state tax is refundable. Donations are also eligible for the federal charitable tax deduction. For instance: If a 35% tax-bracket CITC donor were to give NOAH $1,000, they'd receive a state tax credit of $500 and a possible federal tax deduction of $175, for a total out-of-pocket donation of only $325. We are so very thankful to all those who helped design and implement this new CDC funding program, including everyone at MACDC, United Way and DHCD. If you are able to provide a donation to NOAH of $1,000 or more, we would be very appreciative! Please click here to contact us. 

NOAH conducted a number of surveys in 2013 to obtain important resident, client and community feedback. One of these was an East Boston Economic Development Survey, which was taken by over 240 Eastie residents. A main issue respondents indicated was a priority for them was for 'more housing for working families and others of modest means'.  Seventy-six percent of respondents were concerned about 'gentrification', or the process of being priced out of the neighborhood for themselves or their friends or family. And, when asked what income-levels NOAH should target for new housing, 59% chose the lowest income range option, of $30,000 to $60,000. If you'd like to see the survey results, click here to check out our website.  

 

The Chelsea Creek Action Group (CCAG) Youth continue to amaze us with their drive, enthusiasm and output!  One recent project they have added to their workload is the challenge of tackling trash within the neighborhoods of East Boston. Under CBE Director Chris Marchi's lead, they have surveyed residents and stakeholders, and performed an in-depth 'trash composition' analysis research project. The results of their analysis so far indicate that adults are the main 'litter' culprits; and they have been able to note where additional trash receptacles could be of most benefit.