Laserfiche WebLink
00 <br /> ""W"a w, <br /> IMP. IMBO <br /> w Afforda6Ce Housing Committee <br /> 16 Great Neck RoadJVorth <br /> Mashyee, M-A 0264.9 <br /> LeClair Village. She is thrilled to be here tonight. She also wanted to note LeClair Village did <br /> not lose electricity through the entire storm! <br /> Preservation of Affordable Housing (POAH) <br /> Here tonight is Cory Fellows, Vice President of Real Estate Development at POAH. POAH and <br /> HAC work collaboratively on Cape Cod, they have a new project right now in Brewster and <br /> look forward to doing more together in the future. These projects take a long time from start to <br /> finish and come with many economic challenges. <br /> POAH <br /> A non-profit Boston based agency with projects focused in Massachusetts and New England. <br /> They have been active on Cape Cod for the last several years. This year marks their 25th <br /> anniversary. They started by acquiring and preserving at risk properties, at risk of affordability, <br /> financing expiring, going to market, or being lost. Over time it has evolved and grown, now <br /> they do half acquisition and half rehab, renovation, and construction. They have diversified into <br /> mixed use, now located in Chicago and Washington D.C. They just stuck to the mission and <br /> expanded as the needs arose. <br /> Stabilization refers to move-in and service requirements being streamlined. A property <br /> management company takes over, investing overtime, maintaining, serving residents, and <br /> keeping affordability. POAH has property management in communities as they can manage <br /> their own properties with a lot of benefits like continuity, accountability, and efficiency. <br /> Community Impact Staff help with different services, like at the senior or elderly age, they help <br /> with health insurance documents, employment, financial stability, community engagement, <br /> education, and voting efforts. <br /> Housing Assistance Corporation (HAC) <br /> David Quinn introduced himself from HAC, a nonprofit based in Hyannis with about 120 <br /> employees. They offer a suite of housing related services. Where POAH focuses on the <br /> development aspect, HAC offers services from homelessness prevention, shelter information, <br /> renters assistance, first time home buyer courses, and housing development. Their offices are <br /> located in Hyannis, Orleans, and Bourne and they manage rental properties around Cape Cod. <br /> Recent Projects: <br /> LeClair Village <br /> Cape View Way, Bourne: 42 units, completed April 2025 <br /> 107 Main Street, Orleans: 14 units, slightly higher incomes completed this past fall <br /> Permitting will begin on the next project in Orleans, the former Governor Prence Motel - 78 <br /> units rental and ownership. <br /> 3 <br />