Preservation of Affordable Housing (POAH)
Preservation of Affordable Housing, Inc. (POAH) is a non-profit organization committed to creating, preserving and sustaining affordable, healthy communities around the country that provide economic security and access to opportunity for all people. Based in Boston, with offices in Chicago and Washington D.C., POAH is a small but growing entrepreneurial organization which currently owns and manages more than 8,700 affordable rental homes for families, seniors and the working poor in nine states and the District of Columbia. On average, resident incomes in POAH rental communities are only 30% of the area medians.
POAH’s reach is national in scope, and its pursuit of the preservation mission is empowered by a focus on the business bottom line. Its strong reputation as a real estate developer, owner and policy advocate has resulted from a demonstrated ability to craft complex financial transactions, tackle tough multi-family projects, and close deals that preserve the affordability of ‘at risk’ properties. The organization and its leaders are at the forefront of policy and legislative discussions around housing preservation, affordable housing finance and regulatory reform.