A nonprofit organization that preserves, creates, and restores affordable rental homes for low- and moderate-income individuals, seniors, and families
Winter, 2016
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Greetings,
As we enter 2016, I am very optimistic about the opportunities that lie ahead. POAH has a robust affordable housing development pipeline with several new acquisitions moving forward. I am also excited about our focus on residents services across our portfolio to help expand economic opportunities for our tenants, especially in the areas of workforce development, the Family Self-Sufficiency Pilot and youth programs.
Having reliable funding at the state and federal levels, however, is critical to most of our current and future efforts. I am grateful to our national housing partners for doing an outstanding job on advocating with Congress over the past year. The important victories on Section 8, Home, Choice, the Low Income Housing Tax Credit Program, New Markets Tax Credits, and others will help tens of thousands of low income households in the years ahead.
Aaron Gornstein, President and CEO
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POAH LAUNCHES NEW WEBSITE
Responding to the increasing number of visitors who are viewing POAH's communications on a mobile device, POAH has built a website that is user-friendly on tablets and mobile phones as well as desktops. The new site includes property photo galleries, a Green Blog, Q&A section for prospective sellers and more. And don't forget to Follow us on Twitter and Like us on Facebook through the links at the bottom of this newsletter!
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POAH Celebrates Renovations at Historic CT Building
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Top Connecticut housing officials joined with POAH and the residents of a 65-unit senior and disabled affordable housing complex in Middletown to celebrate the progress of renovations that will improve the building's energy efficiency, handicap accessibility, kitchen and bath amenities and common areas.
Read More
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LISC awards "Bridges to Career Opportunities" grant
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POAH Communities has been awarded a 2015 LISC Social Innovation Fund (SIF) that will provide industry specific training and certification to Woodlawn residents. Last year the Woodlawn Resource Center (WRC), which is housed in POAH's Burnham building, placed 112 neighborhood residents into jobs.
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On-site health services linked to fewer hospitalizations
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POAH's Blackstone Apartments in Boston is featured as one of the case studies in Leading Age's report showing that the availability of an onsite service coordinator at federally subsidized senior housing properties reduces hospital admissions among residents by 18%.
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POAH Communities/Scholastic Partnership gives away 3,000 books
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Deerfield Village (Carthage, MO) resident Payson Adams shows off two books he read courtesy of the POAH Communities/Scholastic Book program that donates books to children in POAH properties. The book program was established last year in honor of retired POAH founding board member George Latimer and hit the 3,000 donated level earlier this month.
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TD Charitable Grant - $100,000 for senior services
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POAH was recently awarded a $100,000 affordable housing grant through the TD Charitable Foundation's "Housing for Everyone" grant competition. The grant will be used to create accessibility upgrades and senior care services at the Tribune Apartments for seniors in the Town of Framingham, a community in the Metro West area of Greater Boston.
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Tax credit legislation for donated properties
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POAH is working to build support for the creation of a new "affordable housing donation tax credit" for Massachusetts. The tax credit would use a portion of the existing state housing credit to encourage the donation of existing housing to nonprofits who agree to preserve it as affordable for the long-term. This approach uses state resources more efficiently by leveraging the federal charitable deduction. Read more
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