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Metro West Collaborative Development

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uuid000uvmv

Namestring
Metro West Collaborative Development
Legal namestring
Metro West Collaborative Development, Inc.
Websiteurl
metrowestcd.org
Company typeenum
Private
Founded yearint
1991
Descriptiontext

Metro West Collaborative Development is a Massachusetts nonprofit community development corporation founded in 1991 (originally as Watertown Community Housing, Inc. and rebranded to its current regional identity in 2012) and headquartered in Newton, MA. The organization operates across the MetroWest region, with a documented service footprint spanning at least 16 municipalities including Watertown, Newton, Belmont, Lexington, Brookline, Natick, Medway, Hudson, Norwell, Weymouth, Stoughton, Wareham, Scituate, Bolton, Millis, and Lincoln, plus the nine-town Assabet Regional Housing Consortium. Its mission is expanding housing opportunities and providing supportive services through four interlocking lines of work: (i) direct client services such as the Ready Renter Program (serving over 3,000 individuals per year), Housing Clinics, and emergency rental assistance administration; (ii) affordable housing development and preservation, with completed projects including Quimby Street, St. Joseph Hall, Herring Brook Hill, 236 Auburn Street, Glen Brook Way Phase I and II, and Packard Street Commons, and an active pipeline including the 43-unit West Newton Armory (under construction with Civico Development) and projects in Natick, Millis, and Watertown; (iii) municipal consulting and technical assistance, including Housing Production Plans, compliance monitoring under Massachusetts Chapter 40B and 40R, affirmative fair housing marketing plans, and lottery administration for deed-restricted units; and (iv) fundraising through donations eligible for the Massachusetts Community Investment Tax Credit (50% state credit on gifts of $1,000+).

The organization has no proprietary technology platform; its capabilities rest on in-house expertise in affordable housing finance (LIHTC, HOME, CPA, MassHousing financing), regulatory compliance, lottery administration, project management, and community engagement, supported by a 13-person staff across executive leadership (Executive Director Barney Heath, COO Alisa Gardner-Todreas), real estate (Director of Real Estate Sharone Small, two project managers), asset management (Director Kristen Duffy), compliance (Senior Compliance Manager Robyn Rufo with the organization since 2007), housing programs (Senior Housing Programs Manager Merkeisha Dickson, Affordable Housing Programs Manager Stefanie Petersen), community engagement and policy roles, and operations. The revenue model is a hybrid nonprofit mix: professional services and managed services contracts with municipalities and developers for monitoring, lottery administration, and housing production planning; grant-funded rental assistance program administration (Brookline Emergency Rent Assistance, Lexington Pilot Rent Assistance, Lincoln Rent Assistance) serving as pass-through; donations and CITC-eligible contributions from a network of community banks, regional foundations, and individuals; and developer fees tied to co-development projects. End-user services to individuals seeking affordable housing are provided free of charge. In 2024, the organization reported 159 new affordable homes built and 217 households receiving financial assistance, and it has completed more than 200 affordable rental units cumulatively across its portfolio.

Short descriptiontext

Metro West Collaborative Development is a Massachusetts nonprofit community development corporation that expands affordable housing opportunities across the MetroWest region through real estate development, municipal compliance monitoring, lottery administration, and direct housing search and rental assistance services for low- and moderate-income residents.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersNewton, United States
HQ citystring
Newton
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
affordable housing development, housing compliance monitoring, housing lottery administration, community development corporation, rental assistance programs
Industry3 codes
1Affordable Housing & Community Development (Housing, Community Land Trusts)
CodeBPAGALACPrimaryYes
2Public Housing & Social Housing Development/Modernization Programs
CodeFSALAKAHPrimaryNo
3Urban & Regional Planning (Land Use, Zoning, Master Planning)
CodeBPAIANADPrimaryNo
NAICS code1 code
  • Administration of Housing Programs, Urban Planning, and Community Development925
SIC code1 code
  • Services-To Dwellings & Other Buildings7340
Product category
Affordable Housing Development & Community Development Services
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model5 records
1Municipal Consulting and Technical Assistance
TypeProfessional Services
Description

Provides professional staffing support to local housing advocates (Housing Trusts, Housing Partnerships) and technical assistance to municipalities including housing production planning, program design, and compliance monitoring. Revenue comes from consulting contracts with municipalities and housing trusts.

metrowestcd.org
2Affordable Housing Monitoring Agreements
TypeManaged Services
Description

Provides 40B and 40R Compliance Monitoring for developers and municipalities. Works with MassHousing as an approved 40B compliance monitor. Monitors over 150 affordable units throughout eastern Massachusetts.

metrowestcd.org
3Lottery Administration
TypeProfessional Services
Description

Serves as lottery agent in the sales and resales of affordable, deed-restricted units. Collaborates with realtors, lenders, and municipal leaders to facilitate the homebuying process for prospective homeowners and tenants.

metrowestcd.org
4Donations and Community Investment Tax Credit
TypeGrants Donations
Description

Accepts donations of $1,000 or more through the State of MA-sponsored Community Investment Tax Credit (CITC) program, which provides donors a 50% state tax credit. Provides a pathway for individual and business private investment in community development.

metrowestcd.org
5Rental Assistance Program Administration
TypeManaged Services
Description

Administers rental assistance programs (Brookline Emergency Rent Assistance, Lexington Pilot Rent Assistance, Lincoln Rent Assistance) funded by municipal or state grants, distributing assistance to income-eligible households.

metrowestcd.org
Marketing channels10 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels6 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain, Others
Pricing details12 tiers
1Affordable rental units at 80% AMI
ModelUnit PricingBilling cadenceMonthly
Notes

Market-rate equivalent rents for income-restricted units. Studios: $2,054–$2,179; 1-BR: $2,334–$2,459; 2-BR: $2,593–$2,718; 3-BR: $2,847–$2,972 (The Maximillian, Watertown)

metrowestcd.org
2Affordable rental units at 65% AMI
ModelUnit PricingBilling cadenceMonthly
Notes

Reduced rents for households at 65% AMI. Studios: $1,604–$1,729; 1-BR: $1,821–$1,946; 2-BR: $2,015–$2,140 (The Maximillian, Watertown)

metrowestcd.org
3Affordable rental units at 80% AMI (Weymouth)
ModelUnit PricingBilling cadenceMonthly
Notes

Studio: $1,875; 1-BR: $1,920; 2-BR: $2,150 (The Overlook, Weymouth)

metrowestcd.org
4Affordable rental unit at 80% AMI (Stoughton)
ModelUnit PricingBilling cadenceMonthly
Notes

2-BR: $2,739 (The Drake, Stoughton)

metrowestcd.org
5Affordable rental units at 60% AMI (Medway)
ModelUnit PricingBilling cadenceMonthly
Notes

1-BR: $1,600; 2-BR: $1,800 (Glen Brook Way, Medway)

metrowestcd.org
6Affordable rental unit at 60% AMI (Hudson)
ModelUnit PricingBilling cadenceMonthly
Notes

2-BR: $1,861 (Packard Street Commons, Hudson)

metrowestcd.org
7Affordable rental unit at 60% AMI (Watertown)
ModelUnit PricingBilling cadenceMonthly
Notes

2-BR: $1,800 includes heat/hot water (1060 Belmont Street, Watertown)

metrowestcd.org
8Affordable rental units at 65% and 80% AMI (Watertown)
ModelUnit PricingBilling cadenceMonthly
Notes

1-BR (65% AMI): $1,876; 2-BR (65% AMI): $2,133; 2-BR (80% AMI): $2,634 (Riverbend on the Charles, Watertown)

metrowestcd.org
9Affordable 3-BR rental units at 50% and 80% AMI (Wareham)
ModelUnit PricingBilling cadenceMonthly
Notes

3-BR at 80% AMI: $3,277; 3-BR at 50% AMI: $1,992 (6 Chapel Lane, Wareham)

metrowestcd.org
10Senior affordable rental unit at 100% AMI (Norwell)
ModelUnit PricingBilling cadenceMonthly
Notes

2-BR at 100% AMI: $2,800 (Herring Brook Hill, Norwell)

metrowestcd.org
11Affordable rental unit at 80% AMI (Scituate)
ModelUnit PricingBilling cadenceMonthly
Notes

2-BR: $2,450 (The Residences at Driftway, Scituate)

metrowestcd.org
12Affordable homeownership condo (Bolton)
ModelUnit PricingBilling cadenceMonthly
Notes

2-BR, 2.5-BA townhome at $208,055 (The Regency at Bolton, 55+ community); subject to affordable housing deed restriction; income and asset limits apply; Condo Fee: $358/month

metrowestcd.org
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Metro West Collaborative Development is a nonprofit community development corporation that develops, preserves, and monitors affordable rental and homeownership housing across the MetroWest region of Massachusetts. It provides compliance monitoring for Chapter 40B/40R projects, administers housing lotteries for deed-restricted units, runs the free Ready Renter Program and Housing Clinics for individuals seeking affordable housing, administers municipal rental assistance programs, and delivers technical assistance and professional staffing to local Housing Trusts through regional consortium contracts.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • Over 3,000 individuals served annually through the Ready Renter Program
+4 more records
Product overview1 text field

Metro West Collaborative Development is a community development corporation that offers a portfolio of affordable housing programs and services rather than a unified software product. The core offerings include the Ready Renter Program for housing search assistance, Housing Clinics providing one-on-one support, Rental Housing Services with lottery and waitlist management, Homebuyer Assistance for deed-restricted properties, Financial Assistance Programs including emergency rental aid, and Affordable Housing Development services. Additional offerings include Monitoring and Compliance Services for municipalities and developers, Lottery Administration for affordable units, participation in the Assabet Regional Housing Consortium, and the Community Investment Tax Credit Program for donor engagement. These programs collectively support housing opportunities across the Metro West Massachusetts region through direct service delivery, municipal consulting, and real estate development.

Product and service11 records
1Ready Renter Program
CategoryHousing Search Assistance
Description

Free housing search assistance program compiling monthly Housing Opportunity bulletins and notifying members about upcoming lotteries and waitlist openings for affordable housing in the Metro West region of Massachusetts.

2Housing Clinics
CategoryHousing Counseling
Description

One-on-one assistance sessions offering help with apartment searches, public housing applications, paperwork, and referrals; available virtually via Zoom and in-person at rotating locations in Watertown, Newton, and Natick.

3Financial Assistance Programs
CategoryRental Assistance Administration
Description

Emergency rental assistance programs for residents of Brookline, Lexington, Lincoln and other communities, including the Brookline Emergency Rent Assistance Program and Lexington Pilot Rent Assistance Program, funded by municipal or state grants.

4Affordable Housing Development
CategoryReal Estate Development
Description

Development and preservation of affordable rental and homeownership housing, including new construction, rehabilitation, and adaptive reuse projects across the Metro West region.

5Monitoring and Compliance Services
CategoryCompliance Monitoring
Description

Affordable housing compliance monitoring for municipalities and developers under Chapter 40B, 40R, Special Permit, and Inclusionary Zoning programs, including income eligibility verification and affirmative fair housing marketing.

6Lottery Administration
CategoryLottery Administration
Description

Administration of housing lotteries for affordable units, including creation of affirmative fair housing marketing plans, tenant/homebuyer selection, and lottery drawing facilitation as a MassHousing-approved agent.

7Assabet Regional Housing Consortium
CategoryMunicipal Consortium Services
Description

Regional collaboration providing affordable housing services to nine member communities (Berlin, Bolton, Boxborough, Devens, Harvard, Hudson, Lancaster, Littleton, and Stow) through a 3-year consulting contract covering monitoring, resident assistance, program administration, project development, and technical assistance.

8Community Investment Tax Credit (CITC) Donation Program
CategoryDonor Engagement
Description

Massachusetts state-sponsored program enabling donors to receive a 50% state tax credit on donations of $1,000 or more to support Metro West CD's affordable housing programs.

9Municipal Technical Assistance and Housing Production Planning
CategoryMunicipal Consulting
Description

Professional staffing support and consulting to Housing Trusts and Housing Partnerships, including housing production planning, program design, and compliance monitoring for municipalities.

10Rental Housing Listings and Waitlist Management
CategoryAffordable Rental Housing
Description

Public listing service for affordable rental units under Metro West CD management or monitoring across multiple Massachusetts communities, with lottery and waitlist administration.

11Homebuyer Assistance and Affordable Homeownership Resources
CategoryHomebuyer Counseling
Description

Services helping prospective homebuyers navigate affordable homeownership, including lottery agent services for deed-restricted unit resales, and connections to first-time homebuyer classes, ONE Mortgage (MHP), and MassHousing mortgage programs.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership12 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Joint co-development partnership for the West Newton Armory project. Metro West CD and Civico Development submitted a joint proposal and were selected by the City of Newton to redevelop the West Newton Armory site into 43 affordable apartments. The project includes renovation of the historic headhouse and new construction of the fieldhouse portion, pursuing Passive House Certification.

2Assabet Regional Housing Consortium (ARHC)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2017-01-01
Description

The ARHC is a collaboration among 9 member communities (Berlin, Bolton, Boxborough, Devens, Harvard, Hudson, Lancaster, Littleton, Stow). Metro West CD was awarded a 3-year consulting contract (renewed in 2020) to provide monitoring, resident assistance, program administration, project development, technical assistance, and regional activities. The regional approach affords each community access to quality housing services at lower cost than they could obtain individually. Initial formation was among 5 towns in 2013 through an Inter-Municipal Agreement, expanded to 9 communities by the current contract period.

metrowestcd.org
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Metro West CD developed the 8-unit 236 Auburn Street project on behalf of fellow non-profits CAN-DO and the Barry Price Center, both Newton-based organizations. The project included renovation of a historic single-family house and addition of a duplex and 5-bedroom congregate house, utilizing over $4 million in state and local funds.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Metro West CD provides professional staffing support to the Belmont Housing Trust, including community outreach in preparation for creating a new Housing Production Plan.

5Harvard Municipal Affordable Housing Trust
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Metro West CD provides professional staffing support to the Harvard Municipal Affordable Housing Trust, including work on the creation of a new Housing Production Plan.

metrowestcd.org
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Metro West CD provides professional staffing support to the Natick Housing Trust.

7WATCH CDC
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Metro West CD provides professional staffing support to WATCH CDC.

metrowestcd.org
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Metro West CD provides professional staffing support to the Watertown Housing Trust.

Strategic tierMinorTypeOthers
Description

The Dominican Sisters of Peace own the property at 1 Rosary Drive in Watertown (former convent/Siena Village complex). They are seeking to sell the property to Metro West CD for conversion to 23 units of senior rental housing.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

The City of Newton released an RFP for the West Newton Armory site redevelopment; selected Metro West CD and Civico Development. The City also provides funding for the West Newton Armory project and supported the establishment of the Newton Affordable Housing Trust.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Town of Medway was instrumental in expanding Glen Brook Way from an initial concept for 32 units to a 92-unit intergenerational campus. The Town granted a Chapter 40B Comprehensive Permit and committed over $2 million in CPA funds to the project, critical to helping Medway achieve safe harbor status.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

The Town of Hudson Municipal Affordable Housing Trust released an RFP for the former Police Station site at 62 Packard Street; selected Metro West CD to develop 40 rental homes. The Town also provided funding support for Packard Street Commons.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Chelsea/Revere-based CDC developing affordable housing and providing resident services across Greater Boston. Closely analogous in mission, LIHTC-driven development model, and combination of direct services with municipal contracting.

2Massachusetts Association of Community Development Corporations (MACDC)
TypeOthers
Description

The statewide association of Massachusetts CDCs and a key advocacy partner for MWCD (staff participate in MACDC Lobby Day). Functions as an industry body and capacity-builder rather than a direct competitor.

TypeDirect peer
Description

North Shore (Beverly) CDC combining affordable housing development, housing search assistance, and municipal consulting in a sub-region east of Boston. Comparable scale of units developed and service programs operated.

TypeDirect peer
Description

Boston-based CDC developing and managing affordable housing, offering housing search support, and partnering with the City of Boston. Closely analogous operating model covering real estate development, homeownership counseling, and tenant services.

TypeDirect peer
Description

Boston-based community development corporation that develops and manages affordable rental housing and has been a direct employer of MWCD's Director of Real Estate, Sharone Small. Operating model, geography, and LIHTC-based development approach are closely aligned.

TypeBroad incumbent
Description

National nonprofit developer and operator of affordable housing with a presence in Massachusetts. Compares structurally to MWCD's LIHTC-driven portfolio but operates at significantly larger scale across multiple states.

TypeDirect peer
Description

Boston-based minority-led CDC developing affordable housing and providing multilingual housing counseling services. Direct peer in combining real estate development with culturally-tailored housing search assistance.

TypeDirect peer
Description

Brookline-based CDC partnering with MWCD on the Brookline Emergency Rent Assistance Program. Operates affordable housing and community programming in an adjacent MetroWest sub-market using a similar municipal partnership model.

TypeDirect peer
Description

Cambridge-based CDC focused on affordable rental and homeownership housing in Greater Boston. Direct peer in developing deed-restricted units, administering resale restrictions, and partnering with municipalities on housing production plans.

10WATCH CDC
TypeDirect peer
Description

Waltham-based CDC serving a nearby sub-region of MetroWest; MWCD provides professional staffing support to WATCH CDC. A peer in scale, mission, and service mix (affordable housing development, housing search assistance, municipal support).

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers12 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Metro West Collaborative Development

Affordable Housing Development & Community Development Servicesmetrowestcd.org

Metro West Collaborative Development is a Massachusetts nonprofit community development corporation that expands affordable housing opportunities across the MetroWest region through real estate development, municipal compliance monitoring, lottery administration, and direct housing search and rental assistance services for low- and moderate-income residents.

What Metro West Collaborative Development does

Metro West Collaborative Development is a Massachusetts nonprofit community development corporation founded in 1991 (originally as Watertown Community Housing, Inc. and rebranded to its current regional identity in 2012) and headquartered in Newton, MA. The organization operates across the MetroWest region, with a documented service footprint spanning at least 16 municipalities including Watertown, Newton, Belmont, Lexington, Brookline, Natick, Medway, Hudson, Norwell, Weymouth, Stoughton, Wareham, Scituate, Bolton, Millis, and Lincoln, plus the nine-town Assabet Regional Housing Consortium. Its mission is expanding housing opportunities and providing supportive services through four interlocking lines of work: (i) direct client services such as the Ready Renter Program (serving over 3,000 individuals per year), Housing Clinics, and emergency rental assistance administration; (ii) affordable housing development and preservation, with completed projects including Quimby Street, St. Joseph Hall, Herring Brook Hill, 236 Auburn Street, Glen Brook Way Phase I and II, and Packard Street Commons, and an active pipeline including the 43-unit West Newton Armory (under construction with Civico Development) and projects in Natick, Millis, and Watertown; (iii) municipal consulting and technical assistance, including Housing Production Plans, compliance monitoring under Massachusetts Chapter 40B and 40R, affirmative fair housing marketing plans, and lottery administration for deed-restricted units; and (iv) fundraising through donations eligible for the Massachusetts Community Investment Tax Credit (50% state credit on gifts of $1,000+).

The organization has no proprietary technology platform; its capabilities rest on in-house expertise in affordable housing finance (LIHTC, HOME, CPA, MassHousing financing), regulatory compliance, lottery administration, project management, and community engagement, supported by a 13-person staff across executive leadership (Executive Director Barney Heath, COO Alisa Gardner-Todreas), real estate (Director of Real Estate Sharone Small, two project managers), asset management (Director Kristen Duffy), compliance (Senior Compliance Manager Robyn Rufo with the organization since 2007), housing programs (Senior Housing Programs Manager Merkeisha Dickson, Affordable Housing Programs Manager Stefanie Petersen), community engagement and policy roles, and operations. The revenue model is a hybrid nonprofit mix: professional services and managed services contracts with municipalities and developers for monitoring, lottery administration, and housing production planning; grant-funded rental assistance program administration (Brookline Emergency Rent Assistance, Lexington Pilot Rent Assistance, Lincoln Rent Assistance) serving as pass-through; donations and CITC-eligible contributions from a network of community banks, regional foundations, and individuals; and developer fees tied to co-development projects. End-user services to individuals seeking affordable housing are provided free of charge. In 2024, the organization reported 159 new affordable homes built and 217 households receiving financial assistance, and it has completed more than 200 affordable rental units cumulatively across its portfolio.

Metro West Collaborative Development firmographics

Firmographics
Name
Metro West Collaborative Development
Legal name
Metro West Collaborative Development, Inc.
Website
https://metrowestcd.org
Company type
Private
Founded year
1991
Operating status
Operating
Headcount range
11–50 employees
Short description
Metro West Collaborative Development is a Massachusetts nonprofit community development corporation that expands affordable housing opportunities across the MetroWest region through real estate development, municipal compliance monitoring, lottery administration, and direct housing search and rental assistance services for low- and moderate-income residents.
Ownership category
akta.pro rank

Metro West Collaborative Development industry classification

Industry
Product category
Affordable Housing Development & Community Development Services
NAICS
Administration of Housing Programs, Urban Planning, and Community Development (925)
SIC
Services-To Dwellings & Other Buildings (7340)
akta.pro primary industry
Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
akta.pro secondary industries
Public Housing & Social Housing Development/Modernization Programs (FSALAKAH), Urban & Regional Planning (Land Use, Zoning, Master Planning) (BPAIANAD)

Keywords

  • Affordable housing development
  • Housing compliance monitoring
  • Housing lottery administration
  • Community development corporation
  • Rental assistance programs

Where Metro West Collaborative Development is headquartered

Location

Headquarters

HQ city
Newton
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Metro West Collaborative Development business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain, Others

Revenue model

  1. Municipal Consulting and Technical Assistance: Provides professional staffing support to local housing advocates (Housing Trusts, Housing Partnerships) and technical assistance to municipalities including housing production planning, program design, and compliance monitoring. Revenue comes from consulting contracts with municipalities and housing trusts.
  2. Affordable Housing Monitoring Agreements: Provides 40B and 40R Compliance Monitoring for developers and municipalities. Works with MassHousing as an approved 40B compliance monitor. Monitors over 150 affordable units throughout eastern Massachusetts.
  3. Lottery Administration: Serves as lottery agent in the sales and resales of affordable, deed-restricted units. Collaborates with realtors, lenders, and municipal leaders to facilitate the homebuying process for prospective homeowners and tenants.
  4. Donations and Community Investment Tax Credit: Accepts donations of $1,000 or more through the State of MA-sponsored Community Investment Tax Credit (CITC) program, which provides donors a 50% state tax credit. Provides a pathway for individual and business private investment in community development.
  5. Rental Assistance Program Administration: Administers rental assistance programs (Brookline Emergency Rent Assistance, Lexington Pilot Rent Assistance, Lincoln Rent Assistance) funded by municipal or state grants, distributing assistance to income-eligible households.

Pricing tiers

ModelBillingPrice
Unit PricingMonthlyAffordable rental units at 80% AMI
Unit PricingMonthlyAffordable rental units at 65% AMI
Unit PricingMonthlyAffordable rental units at 80% AMI (Weymouth)
Unit PricingMonthlyAffordable rental unit at 80% AMI (Stoughton)
Unit PricingMonthlyAffordable rental units at 60% AMI (Medway)
Unit PricingMonthlyAffordable rental unit at 60% AMI (Hudson)
Unit PricingMonthlyAffordable rental unit at 60% AMI (Watertown)
Unit PricingMonthlyAffordable rental units at 65% and 80% AMI (Watertown)
Unit PricingMonthlyAffordable 3-BR rental units at 50% and 80% AMI (Wareham)
Unit PricingMonthlySenior affordable rental unit at 100% AMI (Norwell)
Unit PricingMonthlyAffordable rental unit at 80% AMI (Scituate)
Unit PricingMonthlyAffordable homeownership condo (Bolton)

Go-to-market motion3 records

Distribution channels6 records

Marketing channels10 records

Metro West Collaborative Development product offering

Product offering

Core offering

Metro West Collaborative Development is a nonprofit community development corporation that develops, preserves, and monitors affordable rental and homeownership housing across the MetroWest region of Massachusetts. It provides compliance monitoring for Chapter 40B/40R projects, administers housing lotteries for deed-restricted units, runs the free Ready Renter Program and Housing Clinics for individuals seeking affordable housing, administers municipal rental assistance programs, and delivers technical assistance and professional staffing to local Housing Trusts through regional consortium contracts.

Product overview

Metro West Collaborative Development is a community development corporation that offers a portfolio of affordable housing programs and services rather than a unified software product. The core offerings include the Ready Renter Program for housing search assistance, Housing Clinics providing one-on-one support, Rental Housing Services with lottery and waitlist management, Homebuyer Assistance for deed-restricted properties, Financial Assistance Programs including emergency rental aid, and Affordable Housing Development services. Additional offerings include Monitoring and Compliance Services for municipalities and developers, Lottery Administration for affordable units, participation in the Assabet Regional Housing Consortium, and the Community Investment Tax Credit Program for donor engagement. These programs collectively support housing opportunities across the Metro West Massachusetts region through direct service delivery, municipal consulting, and real estate development.

Differentiator

Problem solved

Functional benefit

Products and services

  • Ready Renter Program Free housing search assistance program compiling monthly Housing Opportunity bulletins and notifying members about upcoming lotteries and waitlist openings for affordable housing in the Metro West region of Massachusetts.
  • Housing Clinics One-on-one assistance sessions offering help with apartment searches, public housing applications, paperwork, and referrals; available virtually via Zoom and in-person at rotating locations in Watertown, Newton, and Natick.
  • Financial Assistance Programs Emergency rental assistance programs for residents of Brookline, Lexington, Lincoln and other communities, including the Brookline Emergency Rent Assistance Program and Lexington Pilot Rent Assistance Program, funded by municipal or state grants.
  • Affordable Housing Development Development and preservation of affordable rental and homeownership housing, including new construction, rehabilitation, and adaptive reuse projects across the Metro West region.
  • Monitoring and Compliance Services Affordable housing compliance monitoring for municipalities and developers under Chapter 40B, 40R, Special Permit, and Inclusionary Zoning programs, including income eligibility verification and affirmative fair housing marketing.
  • Lottery Administration Administration of housing lotteries for affordable units, including creation of affirmative fair housing marketing plans, tenant/homebuyer selection, and lottery drawing facilitation as a MassHousing-approved agent.
  • Assabet Regional Housing Consortium Regional collaboration providing affordable housing services to nine member communities (Berlin, Bolton, Boxborough, Devens, Harvard, Hudson, Lancaster, Littleton, and Stow) through a 3-year consulting contract covering monitoring, resident assistance, program administration, project development, and technical assistance.
  • Community Investment Tax Credit (CITC) Donation Program Massachusetts state-sponsored program enabling donors to receive a 50% state tax credit on donations of $1,000 or more to support Metro West CD's affordable housing programs.
  • Municipal Technical Assistance and Housing Production Planning Professional staffing support and consulting to Housing Trusts and Housing Partnerships, including housing production planning, program design, and compliance monitoring for municipalities.
  • Rental Housing Listings and Waitlist Management Public listing service for affordable rental units under Metro West CD management or monitoring across multiple Massachusetts communities, with lottery and waitlist administration.
  • Homebuyer Assistance and Affordable Homeownership Resources Services helping prospective homebuyers navigate affordable homeownership, including lottery agent services for deed-restricted unit resales, and connections to first-time homebuyer classes, ONE Mortgage (MHP), and MassHousing mortgage programs.

Quantifiable outcome

  • Over 3,000 individuals served annually through the Ready Renter Program
  • +4 more outcomes

Companies that use Metro West Collaborative Development

Customer profile

Named customers12 records

Segments5 records

Ideal customer profiles3 records

Metro West Collaborative Development technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Metro West Collaborative Development partnerships and signals

Strategic signal

Partnerships

Twelve partnerships are on record, tiered core and minor.

  • Civico DevelopmentcoreStrategic or Co-development Partner · 1 January 2021Joint co-development partnership for the West Newton Armory project. Metro West CD and Civico Development submitted a joint proposal and were selected by the City of Newton to redevelop the West Newton Armory site into 43 affordable apartments. The project includes renovation of the historic headhouse and new construction of the fieldhouse portion, pursuing Passive House Certification.
  • Assabet Regional Housing Consortium (ARHC)coreStrategic or Co-development Partner · 1 January 2017The ARHC is a collaboration among 9 member communities (Berlin, Bolton, Boxborough, Devens, Harvard, Hudson, Lancaster, Littleton, Stow). Metro West CD was awarded a 3-year consulting contract (renewed in 2020) to provide monitoring, resident assistance, program administration, project development, technical assistance, and regional activities. The regional approach affords each community access to quality housing services at lower cost than they could obtain individually. Initial formation was among 5 towns in 2013 through an Inter-Municipal Agreement, expanded to 9 communities by the current contract period.
  • CAN-DO and Barry Price Center (Newton)minorStrategic or Co-development PartnerMetro West CD developed the 8-unit 236 Auburn Street project on behalf of fellow non-profits CAN-DO and the Barry Price Center, both Newton-based organizations. The project included renovation of a historic single-family house and addition of a duplex and 5-bedroom congregate house, utilizing over $4 million in state and local funds.
  • Belmont Housing TrustminorStrategic or Co-development PartnerMetro West CD provides professional staffing support to the Belmont Housing Trust, including community outreach in preparation for creating a new Housing Production Plan.
  • Harvard Municipal Affordable Housing TrustminorStrategic or Co-development PartnerMetro West CD provides professional staffing support to the Harvard Municipal Affordable Housing Trust, including work on the creation of a new Housing Production Plan.
  • Natick Housing TrustminorStrategic or Co-development PartnerMetro West CD provides professional staffing support to the Natick Housing Trust.
  • WATCH CDCminorStrategic or Co-development PartnerMetro West CD provides professional staffing support to WATCH CDC.
  • Watertown Housing TrustminorStrategic or Co-development PartnerMetro West CD provides professional staffing support to the Watertown Housing Trust.
  • Dominican Sisters of PeaceminorOthersThe Dominican Sisters of Peace own the property at 1 Rosary Drive in Watertown (former convent/Siena Village complex). They are seeking to sell the property to Metro West CD for conversion to 23 units of senior rental housing.
  • City of NewtoncoreStrategic or Co-development PartnerThe City of Newton released an RFP for the West Newton Armory site redevelopment; selected Metro West CD and Civico Development. The City also provides funding for the West Newton Armory project and supported the establishment of the Newton Affordable Housing Trust.
  • Town of MedwaycoreStrategic or Co-development PartnerTown of Medway was instrumental in expanding Glen Brook Way from an initial concept for 32 units to a 92-unit intergenerational campus. The Town granted a Chapter 40B Comprehensive Permit and committed over $2 million in CPA funds to the project, critical to helping Medway achieve safe harbor status.
  • Town of HudsoncoreStrategic or Co-development PartnerThe Town of Hudson Municipal Affordable Housing Trust released an RFP for the former Police Station site at 62 Packard Street; selected Metro West CD to develop 40 rental homes. The Town also provided funding support for Packard Street Commons.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Metro West Collaborative Development competitors and assessment

Company assessment

Direct peers

  • The Neighborhood Developers: Chelsea/Revere-based CDC developing affordable housing and providing resident services across Greater Boston. Closely analogous in mission, LIHTC-driven development model, and combination of direct services with municipal contracting.
  • Harborlight Community Partners: North Shore (Beverly) CDC combining affordable housing development, housing search assistance, and municipal consulting in a sub-region east of Boston. Comparable scale of units developed and service programs operated.
  • Jamaica Plain Neighborhood Development Corporation (JPNDC): Boston-based CDC developing and managing affordable housing, offering housing search support, and partnering with the City of Boston. Closely analogous operating model covering real estate development, homeownership counseling, and tenant services.
  • Urban Edge Housing Corporation: Boston-based community development corporation that develops and manages affordable rental housing and has been a direct employer of MWCD's Director of Real Estate, Sharone Small. Operating model, geography, and LIHTC-based development approach are closely aligned.
  • Asian Community Development Corporation: Boston-based minority-led CDC developing affordable housing and providing multilingual housing counseling services. Direct peer in combining real estate development with culturally-tailored housing search assistance.
  • Brookline Community Development Corporation (Brookline CDC): Brookline-based CDC partnering with MWCD on the Brookline Emergency Rent Assistance Program. Operates affordable housing and community programming in an adjacent MetroWest sub-market using a similar municipal partnership model.
  • Homeowners Rehab Inc. Cambridge-based CDC focused on affordable rental and homeownership housing in Greater Boston. Direct peer in developing deed-restricted units, administering resale restrictions, and partnering with municipalities on housing production plans.
  • WATCH CDC: Waltham-based CDC serving a nearby sub-region of MetroWest; MWCD provides professional staffing support to WATCH CDC. A peer in scale, mission, and service mix (affordable housing development, housing search assistance, municipal support).

Others

  • Massachusetts Association of Community Development Corporations (MACDC): The statewide association of Massachusetts CDCs and a key advocacy partner for MWCD (staff participate in MACDC Lobby Day). Functions as an industry body and capacity-builder rather than a direct competitor.

Broad incumbents

  • Preservation of Affordable Housing (POAH): National nonprofit developer and operator of affordable housing with a presence in Massachusetts. Compares structurally to MWCD's LIHTC-driven portfolio but operates at significantly larger scale across multiple states.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Metro West Collaborative Development social profiles

Digital presence

Metro West Collaborative Development financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Metro West Collaborative Development leadership team

Management profile

Number of profiles

Profiles12 records

Metro West Collaborative Development funding detail

Funding detail

Funding overview

Funding rounds

Investors

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Metro West Collaborative Development M&A and investment

M&A and investment

M&A

Investments

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Frequently asked questions about Metro West Collaborative Development

What does Metro West Collaborative Development do?

Metro West Collaborative Development is a nonprofit community development corporation that develops, preserves, and monitors affordable rental and homeownership housing across the MetroWest region of Massachusetts. It provides compliance monitoring for Chapter 40B/40R projects, administers housing lotteries for deed-restricted units, runs the free Ready Renter Program and Housing Clinics for individuals seeking affordable housing, administers municipal rental assistance programs, and delivers technical assistance and professional staffing to local Housing Trusts through regional consortium contracts.

Is Metro West Collaborative Development a public or private company?

Metro West Collaborative Development is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Metro West Collaborative Development founded?

Metro West Collaborative Development was founded in 1991. It employs 11 to 50 people.

Where is Metro West Collaborative Development based?

Metro West Collaborative Development is headquartered in Newton, United States, in the North America region.

How does Metro West Collaborative Development make money?

Five revenue lines are on record. Municipal Consulting and Technical Assistance is the primary driver. The others are affordable Housing Monitoring Agreements, lottery Administration, donations and Community Investment Tax Credit and rental Assistance Program Administration.

Who are Metro West Collaborative Development's main competitors?

Direct peers on record are The Neighborhood Developers, Harborlight Community Partners, Jamaica Plain Neighborhood Development Corporation (JPNDC), Urban Edge Housing Corporation, Asian Community Development Corporation, Brookline Community Development Corporation (Brookline CDC), Homeowners Rehab Inc. and WATCH CDC. Massachusetts Association of Community Development Corporations (MACDC) is listed as an others. Preservation of Affordable Housing (POAH) is listed as a broad incumbent.

Does Metro West Collaborative Development have an API?

No public API is recorded for Metro West Collaborative Development.

What industry is Metro West Collaborative Development in?

Metro West Collaborative Development's product category is Affordable Housing Development & Community Development Services. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of FSALAKAH, Public Housing & Social Housing Development/Modernization Programs. Its NAICS code is 925 and its SIC code is 7340.

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