Lynn Housing Authority & Neighborhood Development

What Lynn Housing Authority & Neighborhood Development does

Lynn Housing Authority & Neighborhood Development (LHAND) is a HUD-designated public housing authority and political subdivision of Massachusetts state government, established in 1948 and headquartered at 10 Church Street in Lynn, Massachusetts. The agency manages a portfolio of 10 public housing properties totaling approximately 900+ units — including Curwin Circle (279 units), Wall Plaza (176 units), Caggiano Plaza (107 units), McGee House (49 units), Meadow Court (85 units), and smaller scattered sites — and administers federal, state, and local housing programs on behalf of the U.S. Department of Housing and Urban Development (HUD), the Massachusetts Department of Housing and Community Development (DHCD), and the City of Lynn under Mayor Jared Nicholson.

LHAND's business model is government-funded rather than market-rate. Revenue derives primarily from HUD federal grants and allocations for public housing operations and Section 8 vouchers, supplemented by state DHCD funding, tenant rent payments calculated at 30% of adjusted gross income, and private donations funneled through an annual golf tournament supporting the LHAND Scholarship Program (~$445,000 awarded to Lynn high school seniors since 1998). The agency delivers services across more than 20 programs spanning rental assistance (Section 8, RAFT, ERAP, TBRA, YHDP), supportive services (Financial Coaching, Project RISE/Siemer, NSHAG, Family Self-Sufficiency), homeownership pathways, lead abatement, and youth development (Curwin Circle Youth Program, Summer Youth Employment, HALT Conference).

LHAND's go-to-market is direct-to-consumer through open waitlists, lottery-based placement, and referrals from partner agencies including Lynn Public Schools, United Way, and Lynn Continuum of Care. Technology infrastructure consists of standard public housing management systems plus third-party integrations (RentCafe for tenant payments, JotForm for forms, the statewide Common Housing Application). The organization employs 51-100 staff, is governed by a five-member Board of Commissioners chaired by Steve Martin, and is led by Executive Director Charles Gaeta and CFO Rosario Fresco (with the agency since 2002). LHAND's strategic positioning combines regulatory monopoly over federal housing program administration in Lynn with a diversified community-services portfolio targeting low and moderate-income families, elderly and disabled adults, youth experiencing homelessness, and prospective first-time homebuyers.

Name

Lynn Housing Authority & Neighborhood Development

Legal name

Lynn Housing Authority and Neighborhood Development

Website

https://lhand.org

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

51–100 employees

Short description

Lynn Housing Authority & Neighborhood Development (LHAND) is a HUD-designated public housing authority in Lynn, Massachusetts, established in 1948. It manages 10 properties with 900+ units and administers federal rental assistance, supportive services, and neighborhood development programs for low and moderate-income families.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Lessors of Residential Buildings and Dwellings (53111), Other Community Housing Services (624229)

SIC

Lessors Of Real Property, Nec (6519), Services-Social Services (8300)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

Keywords

• Public housing services
• Rental assistance programs
• Affordable housing authority
• Housing choice vouchers
• Neighborhood development programs

Headquarters

HQ city

Lynn

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. HUD Federal Grants and Allocations: Primary funding from U.S. Department of Housing and Urban Development (HUD) for public housing operations, Section 8 vouchers, and housing development programs. Also receives state funding through Massachusetts Department of Housing and Community Development.
2. Tenant Rent Payments: Residents in public housing pay rent based on income (typically 30% of adjusted gross income), providing operating revenue for housing maintenance and services.
3. Private Donations and Fundraising: Scholarship program funded through Annual Golf Tournament and private donations. The 23rd Annual Golf Tournament raised funds for Lynn student scholarships.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

LHAND is a public housing authority that operates 10 affordable housing properties totaling ~900+ units in Lynn, Massachusetts, and administers federal, state, and local rental assistance programs including Section 8 Housing Choice Vouchers, RAFT, ERAP, TBRA, HOPWA, and YHDP. The agency also delivers supportive services (Financial Coaching, Project RISE/Siemer, Family Self-Sufficiency), homeownership programs, lead abatement services, and youth housing stabilization (NSHAG) for low and moderate-income residents.

Product overview

Lynn Housing Authority & Neighborhood Development (LHAND) operates as a public housing authority providing a comprehensive portfolio of housing and supportive services to low and moderate-income families in Lynn, Massachusetts. The organization offers a multi-faceted approach including: rental assistance programs (Section 8, RAFT, ERAP, TBRA, YHDP), supportive services (Financial Coaching, Project Rise/Siemer, NSHAG for youth, FSS), property management of 10 public housing properties totaling over 800 units, homeownership programs, lead hazard remediation, college housing assistance, and youth development programming (CCYP, Youth Employment, HALT Conference). LHAND also manages the Lynn Affordable Housing Trust and administers programs on behalf of the City of Lynn and Mayor's office.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Passed on $445,000 in scholarships to Lynn students since 1998
• +2 more outcomes

Segments5 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

15 partnerships are on record, tiered core, major and supporting.

• United WaycoreStrategic or Co-development PartnerUnited Way is a key supporter of LHAND's Financial Coaching program and Project RISE/Siemer program. They provide funding and collaborative support for family self-sufficiency initiatives targeting low-income families in Lynn.
• Lynn Public SchoolscoreStrategic or Co-development PartnerPartnership with Lynn Public Schools (LPS) to operate Project RISE, supporting families with children enrolled in LPS who are experiencing homelessness or housing instability. LPS staff (Jary Barrios) co-manages the program with LHAND.
• Lynn Continuum of Care (LCoC)coreStrategic or Co-development PartnerLCoC is a coalition of non-profit organizations working together to end homelessness in Lynn, established in 1995. LHAND partners to coordinate homeless services, housing, and prevention activities.
• Lynn City HallcoreStrategic or Co-development PartnerLHAND administers programs on behalf of the Office of Mayor Jared Nicholson and the City of Lynn. Works in coordination with City Community Development Office.
• Harborlight HomesmajorStrategic or Co-development PartnerNon-profit housing development partner featured on LHAND's homepage partners section. Focuses on affordable housing development in the Lynn area.
• The Haven ProjectmajorStrategic or Co-development PartnerYouth-focused organization and NSHAG partner. Hosts Essex County Youth Action Board meetings. Works with LHAND on youth homelessness initiatives.
• NAHRO (National Association of Housing and Redevelopment Officials)supportingOthersNational professional association for housing authorities. LHAND maintains membership and affiliation with this industry organization.
• CHAPA (Citizens' Housing and Planning Association)supportingOthersMassachusetts-based advocacy organization for affordable housing. LHAND maintains partnership and affiliation.
• Lynn Shelter AssociationsmajorStrategic or Co-development PartnerNSHAG program partner providing shelter and services for homeless individuals. One of multiple service providers in the NSHAG network.
• YouForwardmajorStrategic or Co-development PartnerNSHAG partner organization providing services to youth and young adults experiencing housing instability in Essex County.
• Action IncmajorStrategic or Co-development PartnerNSHAG partner providing services to youth experiencing homelessness in the region.
• NAGLYmajorStrategic or Co-development PartnerNSHAG partner organization serving LGBTQ+ youth experiencing homelessness.
• Lifebridge HealthmajorStrategic or Co-development PartnerNSHAG partner providing health services and support to youth experiencing homelessness.
• Neighborhood Development Associates (NDA)majorStrategic or Co-development PartnerDeveloper partner for projects like the Lynn Armory development. NDA acquired the property through legislative transfer with LHAND assistance.
• Planning Office for Urban Affairs of the Archdiocese of BostonmajorStrategic or Co-development PartnerDevelopment partner for St. Jean Baptiste Apartments project, preserving the legacy of a historic church location while providing affordable family housing.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Cambridge Housing Authority: Public housing authority serving Cambridge, MA. Directly comparable model of HUD-designated affordable housing management, Section 8 administration, and supportive service programs in a Massachusetts urban context.
• Somerville Housing Authority: Public housing authority in Somerville, MA, administering public housing units, Section 8 vouchers, and family self-sufficiency programs. Closely comparable scale and program mix to LHAND in a similar Greater Boston market.
• Boston Housing Authority: Massachusetts' largest public housing authority, administering public housing and Section 8 across Boston. Direct peer operating the same HUD-designated mandate in an adjacent Greater Boston market.
• Maloney Properties: New England-based property management firm specializing in affordable, mixed-income, and market-rate housing including LIHTC and Section 8 properties. Direct operational peer for affordable housing management in the same regional market.

Broad incumbents

• WinnCompanies: Major multifamily housing developer and manager with significant affordable and mixed-income portfolio, including HUD-assisted properties. Operates property management at a much larger national scale than LHAND.
• The Community Builders: Large nonprofit developer and manager of affordable housing across multiple states including Massachusetts. Comparable mission around affordable housing provision and supportive services, but with broader geographic reach.
• Massachusetts Department of Housing and Community Development (DHCD): State-level housing finance and policy agency that funds LHAND's state-aided public housing portfolio. Operates as a broader funder/incumbent providing capital and operating subsidies across all Massachusetts housing authorities.

Emerging players

• Harborlight Homes: Lynn-based nonprofit affordable housing developer and partner of LHAND. Develops and owns affordable rental housing in the same North Shore geography, providing a complementary development counterpart rather than direct competition.
• Planning Office for Urban Affairs (Archdiocese of Boston): Nonprofit affordable housing developer partnered with LHAND on St. Jean Baptiste Apartments. Develops affordable housing across Greater Boston using a similar mission-driven nonprofit model.

Others

• Citizens' Housing and Planning Association (CHAPA): Massachusetts statewide advocacy and policy organization for affordable housing. LHAND is an affiliate member. Functions as an industry association peer rather than direct operator.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/p/Lynn-Housing-Authority-Neighborhood-Development-100064798989965/?_rdr
• Instagraminstagram.com/lynnhousingauthority
• LinkedInlinkedin.com/company/lynn-housing-authority-development-group-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Lynn Housing Authority & Neighborhood Development