The Banker & Tradesman recently published an article on the transformation of downtown Haverhill, due in part to POUA and Greater Haverhill Foundation's work on Harbor Place, a development at the site of the vacant former Woolworth building. The project includes market rate housing, a new headquarters for Pentucket Bank, and a satellite campus for UMass Lowell, with the support of Chairman Brian Dempsey, who helped garner $45 million in state funding for the project. Read the full article here.
POUA's Caitlin Madden, Lois Alksninis, and President Lisa Alberghini at the construction site for an ongoing project to help vulnerable women in the Boston area.
Two projects POUA is taking part in recently received allocations in the competitive process for Massachusetts Historic Rehabilitation Tax Credits: Kennedy Building Apartments in Hanover, MA, in which we are the developer, and 48 Boylston Street in Boston, MA, where we will be providing support to St. Francis House. Continue Reading
On Friday December 16th we gathered to celebrate Harbor Place in Haverhill, and Chairman Brian Dempsey’s key role in making the project a reality. Brian Dempsey helped secure $36 million in state funding for the project, which includes 80 units of housing and a 5-story commercial building which will contain a UMass Lowell satellite campus, HC Media and headquarters for Pentucket Bank, as well as office space to be leased. Continue Reading