Neighborhood of Affordable Housing

What Neighborhood of Affordable Housing does

NOAH (Neighborhood of Affordable Housing, Inc.) is a Massachusetts-incorporated 501(c)(3) community development corporation (CDC) founded in 1987 in East Boston. Headquartered at 143 Border Street, East Boston, MA 02128, it operates as a chartered member of NeighborWorks America (rated "Exemplary") and delivers an integrated portfolio of bilingual (English/Spanish) housing, financial education, youth development, and environmental-justice programs to low- and moderate-income residents of Greater Boston. Its primary service footprint spans 96+ municipalities across the region, with deepest concentration in East Boston, Charlestown, and the North End/West End of Boston. Over 70% of clients earn 80% or less of Area Median Income, approximately 50% are Spanish-speaking first-generation Hispanic families, and all client-facing staff are bilingual.

The organization's service lines are organized around five practice areas: housing (affordable real estate development across 494 cumulative units and 80 buildings in communities including East Boston, Everett, Beverly, Holliston, North Andover, Carlisle, Webster, and Middleborough; property and asset management of 48 buildings; senior and disabled home repair at 300+ service requests annually; HUD-approved foreclosure-prevention counseling with an 80%+ long-term case success rate; and rental housing stability/ homelessness prevention services funded by the City of Boston); homeownership education (CHAPA-certified first-time homebuyer classes delivered online via FrameWorks and live via Zoom, plus financial-capability coaching); immigrant integration (ESOL classes for 150+ students annually and citizenship preparation); youth and community programs (N-YO Youth Organizers program ages 14-17 with paid SuccessLink placements, Schoolyard Summer Program, free bilingual soccer and kayaking, plus youth air-quality programming co-developed with Northeastern University); and environmental resilience through the ClimateCARE program (flood planning, tree canopy, energy audits, basement flood-proofing) and the East Boston Air Quality Project's sensor network and public dashboard.

Revenue is generated through a diversified mix of sources: government contracts (City of Boston Mayor's Office of Housing Stability, Boston Home Center, HUD, state agencies); foundation grants (Kresge Foundation, Robert Wood Johnson Foundation, Cummings Foundation, NeighborWorks America, LISC, United Way of Mass. Bay & Merrimack Valley, and others); program service fees ($50-$200 per participant for selected education offerings including landlord workshops and homebuyer classes); and individual donations, including contributions of $1,000+ qualifying for the Massachusetts Community Investment Tax Credit. NOAH cites $656.3 million in cumulative Greater Boston regional economic investment since 1987 and serves over 6,000 individuals annually. The organization is led by long-tenured Executive Director Philip Giffee (since 1987), Finance Director Vinny Qualtieri, Director of Administration & Fundraising Linda Miller-Foster, Director of Property Management Mal Nelson, and Director of Homeownership Services Diana Franco, supported by a roughly 30-person staff and a volunteer board of directors.

Name

Neighborhood of Affordable Housing

Legal name

Neighborhood of Affordable Housing, Inc.

Website

https://noahcdc.org

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

NOAH (Neighborhood of Affordable Housing) is a Massachusetts 501(c)(3) community development corporation founded in 1987, delivering bilingual affordable housing development, foreclosure prevention, first-time homebuyer education, senior home repair, and youth and environmental programs to low-income residents across 96+ Greater Boston municipalities.

Ownership category

akta.pro rank

Product category

Affordable Housing & Community Development Services

NAICS

Residential Building Construction (2361)

SIC

Operators Of Apartment Buildings (6513), Services-To Dwellings & Other Buildings (7340)

akta.pro industry

PRIMARYFSALAKAJ

Housing Rehabilitation, Weatherization & Home Repair Grant/Loan Programs

Financial & Insurance/Mortgage & Housing Finance/Housing Finance Agencies & Government-Sponsored Housing Programs

Keywords

• Affordable housing
• Foreclosure prevention
• Community development
• Housing counseling
• Financial education

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Donations and Individual Contributions: NOAH accepts individual donations via PayPal on its website, including through the Massachusetts Community Investment Tax Credit (CITC) program where donors contributing $1,000+ receive 50% back as an MA tax credit or rebate.
2. Government Grants and Contracts: Funded by the City of Boston Mayor's Office of Housing Stability, state agencies, and federal programs including HUD. Major programs include Rental Housing Stability Services and Senior Home Repair funded by the City of Boston.
3. Foundation Grants: NOAH receives grants from foundations including Cummings Foundation, Kresge Foundation, Robert Wood Johnson Foundation, NeighborWorks America, LISC, and many others for specific programs.
4. Education and Training Course Fees: NOAH charges fees for certain educational programs: $75 for landlord workshops, $50 for live Zoom first-time homebuyer classes, $75 + $25 exit interview for the online first-time homebuyer course, and $200 for emergency multifamily landlord certificate sessions.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

NOAH is a bilingual (English/Spanish) community development corporation that develops and manages affordable housing, delivers HUD-approved foreclosure prevention and homeownership counseling, runs financial capability and first-time homebuyer education, provides senior home repairs, and offers youth and environmental justice programs across Greater Boston. It has developed or rehabilitated 494 housing units across 80 buildings and serves over 6,000 individuals annually through 96+ municipalities.

Product overview

NOAH (Neighborhood of Affordable Housing) is a community development corporation offering a broad portfolio of interconnected housing, education, and community programs. Its housing services include Property & Asset Management, Senior & Disabled Home Repair, Foreclosure Prevention, Rental Housing Stability, and Affordable Real Estate Development. Education offerings encompass Financial Capability coaching, First-Time Homebuyer Classes, ESOL classes, Intro to Citizenship, and Landlord Education. Community programs include Youth Organizers (N-YO), Children's/Youth Soccer, Kayak Program, Schoolyard Summer Program, ClimateCARE flood resilience, and the Air Quality Project. Together these programs form a multi-service ecosystem addressing housing stability, financial empowerment, youth development, and environmental justice.

Differentiator

Problem solved

Functional benefit

Products and services

• Property & Asset Management Residential property and asset management across 48 buildings in eastern Massachusetts, maintaining affordable housing through collaboration with property owners and residents.
• Senior & Disabled Home Repair Cost-free home repairs, safety modifications, and heating system replacements for senior (62+) and disabled homeowners in East Boston, Charlestown, and North End/West End of Boston; fulfills 300+ service requests annually.
• Foreclosure Prevention Program HUD-approved bilingual counseling for homeowners facing foreclosure, including loan modification support, lender advocacy, and budget planning with an 80%+ long-term case success rate.
• Rental Housing Stability Services Homelessness prevention and emergency housing assistance including case management, emergency shelter coordination, and tenant financial assistance for low-income Boston residents at risk of displacement.
• Affordable Real Estate Development Development and rehabilitation of affordable and mixed-income housing across Massachusetts, including 494 units in 80 buildings, historic rehabilitation, and suburban affordable housing expansion.
• First-Time Homebuyer Classes CHAPA-certified homebuyer education offered online self-paced, live Zoom, and in-person formats in English and Spanish, covering budgeting, credit, savings, and homeownership preparation, with City of Boston completion certificate.
• Financial Capability Program Free bilingual financial education and one-on-one coaching covering budgeting, credit management, debt reduction, and savings strategies for individuals and families.
• ESOL (English for Speakers of Other Languages) Classes Free English language instruction serving over 150-200 residents annually to build workplace language skills and family financial stability.
• Intro to Citizenship Course Citizenship preparation course helping community members navigate the naturalization process for improved employment and family stability.
• Landlord Education & Certification Workshops and certification sessions teaching Massachusetts landlord-tenant law, lease drafting, property maintenance, and financial management, available in English and Spanish.
• Children's/Youth Soccer Program Free bilingual soccer program for children ages 6-12 at American Legion Field in East Boston, operating drop-in since 2006 to foster community-building and physical activity.
• Kayak Program Free kayaking sessions at Constitution Beach open to all ages and experience levels, welcoming over 1,000 participants annually for coastal access and water recreation.
• Schoolyard Summer Program Seven-week summer day camp offering arts, gardening, educational games, environmental activities, and sports with free breakfast and lunch for 90-200 elementary schoolchildren.
• NOAH Youth Organizers (N-YO) Year-round youth leadership program for East Boston teens ages 14-17 providing leadership development, environmental justice training, and community organizing experience.
• ClimateCARE Program Climate resilience and community engagement programming including basement flood-proofing, flood planning, tree planting, energy audits, and emergency preparedness training for East Boston residents.
• Air Quality Project Environmental initiative using a network of air sensors across East Boston providing real-time air quality data via a public online dashboard, with youth trained in data analysis and air purifiers distributed to high-pollution areas.

Quantifiable outcome

• Over 3,422 families retained their homes since 2008 with an 80%+ long-term case success rate in foreclosure prevention
• +5 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• NeighborWorks AmericacoreStrategic or Co-development PartnerNOAH is a chartered member organization of NeighborWorks America, a national nonprofit that provides training, funding, and support to community development organizations. NOAH has been rated as 'Exemplary' by NeighborWorks America.
• City of Boston (Mayor's Office of Housing Stability, Boston Home Center)coreStrategic or Co-development PartnerThe City of Boston is a major funder and partner, providing funding for NOAH's Rental Housing Stability Services, Senior Home Repair programs, and various other housing initiatives. NOAH works with the Boston Home Center on the Senior Saves heating assistance program.
• Northeastern UniversitycoreStrategic or Co-development PartnerPartnership through NOAH's Air Quality Project. Northeastern University collaborates on data analysis workshops where youth learn to process and visualize air quality data. Also partnered on Emergency Preparedness initiatives as part of the N-YO Youth Organizers program.
• UMass BostoncoreStrategic or Co-development PartnerCollaboration through the N-YO Youth Organizers program on Designing Sustainable Shorelines initiative, addressing climate change and coastal resilience in East Boston.
• NYU (Robert Wood Johnson Foundation Project)minorStrategic or Co-development PartnerPartnership through the SCALE UP East Boston initiative (2019), an integrative resilience project funded by the Robert Wood Johnson Foundation to enhance social cohesion, adaptation, and leadership during emergencies.
• Lakeview Loan ServicingcoreStrategic or Co-development PartnerMortgage lender that NOAH works with in its foreclosure prevention program. NOAH's HUD-certified counselors advocate with lenders on behalf of homeowners to explore loan modification options.
• Carlisle Housing AuthorityminorStrategic or Co-development PartnerCollaboration on Benfield Farms, a 26-unit affordable housing development in Carlisle. The town purchased the land using CPA funds and selected NOAH as the developer in 2008 through a competitive bidding process.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• NeighborWorks America: National nonprofit network of which NOAH is a chartered member, providing training, funding, and oversight to ~250 CDCs nationwide. The umbrella counterpart NOAH is rated under; comparable as the broader institutional framework against which NOAH's HUD-approved counseling and CDC chartering standards are measured.
• Boston Housing Authority: The municipal public housing authority for the City of Boston, managing tens of thousands of public housing units and rental subsidies. A larger, government-incumbent counterpart to NOAH's affordable housing work in Boston — overlapping on rental housing stability and senior/disabled residents but at vastly greater scale.
• LISC (Local Initiatives Support Corporation): National Community Development Financial Institution providing capital, grants, and technical assistance to CDCs including NOAH. Comparable as the national ecosystem funder/backbone for many of the same programmatic activities NOAH runs locally.
• MassHousing Partnership (MHP): Massachusetts nonprofit public-private affordable housing finance organization. Long-term NOAH financing partner on the EB Refi portfolio and broader development lending — comparable to NOAH as a Massachusetts affordable housing institution, but functioning primarily as capital provider rather than direct service provider.

Direct peers

• Madison Park Development Corporation: Boston-area community development corporation focused on affordable housing development, real estate, and resident services in Roxbury. Highly comparable to NOAH in mission (mixed-income housing, homebuyer services, community economic development), geography (Greater Boston CDC network), and structure (chartered NeighborWorks member).
• Way Finders (formerly HAP Housing): Massachusetts-wide housing and human services nonprofit providing affordable housing development, homebuyer counseling, foreclosure prevention, and financial education. Comparable to NOAH in state-wide reach of housing counseling services and breadth of housing-related programming.
• Somerville Community Corporation: CDC operating in Somerville and Greater Boston with affordable housing development, property management, and resident services. Comparable to NOAH in metro-Boston geography, NeighborWorks affiliation, and integration of real estate and community programs.
• Dorchester Bay Economic Development Corporation: Greater Boston CDC delivering affordable housing development, foreclosure prevention, financial education, and small business support. Operationally similar to NOAH in serving low-income residents through an integrated housing-plus-services model across Boston neighborhoods.
• Chinatown Community Development Corporation (C3): Boston-based CDC providing affordable housing development, ESL classes, homebuyer counseling, and resident services in Chinatown and Greater Boston. Directly comparable to NOAH in immigrant and minority community focus, bilingual service delivery, and housing counseling + community programming model.

Emerging players

• Habitat for Humanity Greater Boston: Greater Boston affiliate of Habitat for Humanity, focused on affordable homeownership development and home repair programs for low-income families. Comparable to NOAH's affordable real estate development and senior/disabled home repair service lines, but with a narrower homeownership-only mandate.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/noahcdc
• Instagraminstagram.com/noah.cdc
• Xx.com/NOAHCDC

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neighborhood of Affordable Housing