2 Chestnut Place: POUA is partnering with Synergy Investments to convert a vacant four-story office building, located at 22 Elm Street in downtown Worcester, into 22 units of affordable homeownership condominiums for households whose incomes are at or below 80% AMI. The unit mix includes six 1BRs, thirteen 2BRs, and three 3BRs. Amenities include in-unit laundry, common area lounge, a fitness center, and a bike storage room. With strong support from City of Worcester and MassHousing, this first of its kind, office-to-affordable homeownership housing conversion project is a high priority for the city given its prominent, downtown location. Financing includes MassHousing’s Commonwealth Builder program and City of Worcester Affordable Housing Trust Funds. Construction completion is expected Spring 2026.

41 LaGrange: POUA, in partnership with St. Francis House (SFH), is constructing a 19-story residential tower in the heart of downtown Boston. This integrated, mixed-income development project provides 70 units of much-needed permanent housing with wrap-around services for individuals experiencing homelessness, as well as 56 units targeted to workforce and middle-income households up to 80% of AMI, serving Boston’s large “missing middle”. The 126-unit project thereby creates an integrated and diverse community. Residents of the supportive housing units will benefit from case management and supportive services provided by SFH. The project is financed as a twinned 4%/9% LIHTC project that includes State LIHTC, subordinate debt from EOHLC and the City of Boston, and financing from Bank of America and MassHousing. Construction completion is projected for Late Spring 2026. 

Grant Manor Apartments: Grant Manor Apartments, located at 1812 Washington Street in Boston's historic South End, is a fully occupied affordable multifamily community constructed in 1965. The property, and its active tenants association, have long played a vital role in providing affordable housing in the neighborhood. The property is comprised of 179 family-sized units, nearly all covered by a project-based Section 8 contract. The site is configured as a high-rise building with 120 units, a mid-rise building with 39 units, and 20 townhouses. Amenities include a leasing office, a conference room, a computer room, a community kitchen, laundry facilities, and two commercial spaces. The renovation project will be divided into two phases. Phase I renovations include upgrades and significant improvements to 11 accessible units. Phase II consists of more property-wide enhancements including elevator modernization, roof replacement, new HVAC and in-unit upgrades. The renovation is financed with proceeds from a HUD 223(f) refinance.