Ebcdc
EBCDC is a non-profit community development corporation founded in 1970 that develops and manages affordable housing for low/moderate income residents, seniors, and formerly homeless families in East Boston, operating 700+ units across 14 developments through its Metro Management division.
- Company typePrivate
- Founded1970
- HeadquartersEast Boston, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Ebcdc does
EBCDC, Inc. is a non-profit community development corporation founded in 1970 in East Boston, Massachusetts, originating from the East Boston Neighborhood Council (1930s) and the Planning Office for Urban Affairs of the Roman Catholic Archdiocese of Boston. The organization develops, owns, and manages affordable housing for low/moderate income residents, seniors 62+, and formerly homeless families, with a portfolio spanning 1,000+ developed units and 700+ actively managed rental units across 14 developments. It operates through two core subsidiaries: Metro Management Company (property management) and East Boston Local Development Corporation (SBA-licensed 504 Certified Development Corporation for commercial space).
EBCDC's revenue is generated through four primary streams: property management fees (from Metro Management's 700 units across 14 developments), rental income from owned residential and commercial properties, real estate development fees (often structured as 25%/75% co-development partnerships with Trinity Financial), and a revolving loan guarantee program that has issued 54 loans totaling $2.14M to East Boston merchants. The organization has achieved profitability for ten consecutive years, with retained earnings reported between $7.7M and $12M and subsidiary/associated entities controlling more than $50M in assets.
EBCDC's go-to-market is community-led, relying on grassroots partnerships with health providers (NeighborHealth, North Suffolk Mental Health), government agencies (HUD, MassHousing, MHFA, City of Boston), and co-developers (Trinity Financial, Affirmative Investments). The organization maintains a 25% resident representation on its Board of Directors, and operates the East Boston Neighborhood Trust (EBNT) as a community land trust vehicle for preserving affordable housing. Notable properties include Grace Apartments (2024, 42 senior units), Boston East (2018, 200 units), Paris Village (2019, 32 units), Barnes School Apartments (2007, 74 senior units), and the historic adaptive reuse of Engine Company 40 Firehouse for ZUMIX youth music programming.
Ebcdc firmographics
Firmographics- Name
- Ebcdc
- Legal name
- EBCDC, Inc.
- Website
- https://ebcdc.com
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- EBCDC is a non-profit community development corporation founded in 1970 that develops and manages affordable housing for low/moderate income residents, seniors, and formerly homeless families in East Boston, operating 700+ units across 14 developments through its Metro Management division.
- Ownership category
- akta.pro rank
Ebcdc industry classification
Industry- Product category
- Affordable Housing Development
- NAICS
- Rental and Leasing Services (532), Administration of Housing Programs (925110)
- SIC
- Operators Of Apartment Buildings (6513), Services-Social Services (8300)
- akta.pro primary industry
- Housing Development, Construction & Rehabilitation Programs (BPAIANAB)
- akta.pro secondary industry
- Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA)
Keywords
Where Ebcdc is headquartered
LocationHeadquarters
- HQ city
- East Boston
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Ebcdc business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Property Management Services: Metro Management, a division of EBCDC, manages approximately 700 units of housing across 14 developments, generating management fees from property owners and HUD/Housing Authority contracts.
- Rental Income from Owned Properties: EBCDC owns and operates residential and commercial properties that generate rental income, including senior housing, family housing, and commercial spaces.
- Real Estate Development Fees: Development fees from affordable housing projects, often structured as partnerships with co-developers like Trinity Financial (25%/75% split).
- Revolving Loan Guarantee Program: Operates a revolving loan guarantee program that has secured 54 loans for East Boston merchants totaling $2,140,000, generating fees and interest income.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Section 8 Project-Based Vouchers - 100% of units at Woodbury Cunard |
| Unit Pricing | Monthly | Landfall Apartments - Low Income Housing Tax Credit Property |
| Unit Pricing | Monthly | East Boston Community Associates - MHFA 13A and LIHTC |
| Subscription | Annual | Property Manager Position |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Ebcdc product offering
Product offeringCore offering
EBCDC develops, owns, and manages affordable rental housing in East Boston for low and moderate income residents, seniors, and formerly homeless individuals. Through its Metro Management division, the organization provides property management services for approximately 700 units across 14 developments, while also delivering business development programs (including a revolving loan guarantee program) and social services coordination through community partnerships.
Product overview
EBCDC (East Boston Community Development Corporation) is a non-profit community development organization offering a portfolio of services centered on affordable housing development, property management, and economic development. The organization operates primarily through its Metro Management division for property management services, while developing and managing various housing properties including senior housing (such as Grace Apartments, Villa Michelangelo, Lewis Mall Apartments, Cheverus School Apartments), family housing (Greenway Apartments, East Boston Neighborhood Trust), and supportive homeless housing. Business development services include a Revolving Loan Guarantee Program and technical assistance to local merchants. Social services are delivered through partnerships with healthcare providers and social service organizations.
Differentiator
Problem solved
Functional benefit
Products and services
- Metro Management Property Management Services Comprehensive property management division of EBCDC providing management services for affordable housing developments, including marketing, rent collection, maintenance, and regulatory compliance across 14 developments and approximately 700 units.
- Housing Development Services Development of affordable and mixed-income housing units for low and moderate income residents, including senior housing (HUD Section 202), family housing (LIHTC), and supportive housing for formerly homeless populations, leveraging complex financing tools such as LIHTC, Historic Tax Credits, and New Market Tax Credits.
- Business Development and Revolving Loan Program Economic development programs providing technical assistance, loans, and support to local businesses in East Boston, including a Revolving Loan Guarantee Program that has secured 54 loans for East Boston merchants totaling $2,140,000, employing 448 local residents.
- East Boston Neighborhood Trust (EBNT) Community land trust initiative to preserve affordable housing and prevent displacement of low and moderate income, immigrant community residents in East Boston; the Trust purchased 114 apartments in 2022 with $8M from private investors and $12M from City of Boston subsidy.
- Social Services Coordination Partnership programs connecting residents with healthcare, senior services, adult day care, and youth programs through collaborations with local health centers (e.g., East Boston Neighborhood Health Center/NeighborHealth, North Suffolk Mental Health) and social service organizations.
Quantifiable outcome
- Developed or co-developed over 1,000 units of subsidized housing
- +3 more outcomes
Companies that use Ebcdc
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
Ebcdc technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ebcdc partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered minor and core.
- Affirmative InvestmentsminorPartnership with Affirmative Investments for the Knights of Columbus project - 23 units of elderly housing at 41 North Margin Street, Boston MA 02113.
- Trinity Financialcore25%/75% partnership structure where Trinity Financial is the lead developer (75%) and EBCDC is the minority partner (25%) for major developments including Boston East (200 units), Orient Heights (373 units), and Maverick Landing (430 units as part of HUD Hope VI).
- ZUMIX Inc.coreJoint partnership with ZUMIX Inc. (non-profit youth music organization) for the Engine Company 40 Firehouse renovation. EBCDC helped acquire and develop the building for ZUMIX's relocated and expanded facility using New Market Tax Credits provided by MHIC. The 9,000 sq ft facility includes recording studio, radio station, and performance hall.
- East Boston Neighborhood Health Center (EBNHC/NeighborHealth)coreLong-standing partnership with East Boston Neighborhood Health Center for co-sponsoring HUD Section 202 projects including Lyman School, Lewis Mall, and Cheverus School Apartments. EBNHC provides adult day care and health services at these properties.
- NeighborHealth (formerly EBNHC)coreNeighborHealth operates adult day care and provides supportive services at Lewis Mall Apartments, Cheverus School Apartments, and other EBCDC senior housing properties.
- Little Folks Community DaycareminorEBCDC developed a new day care facility at Atlantic Works to allow Little Folks Community Daycare to relocate from Maverick Apartments site and continue servicing low-income families in the Maverick area.
- Action for Boston Community Development (ABCD)minorJoint venture partner with ABCD for Villa Michelangelo development. ABCD provides space in the building for community services.
- North Suffolk Mental Health AssociationminorPartnership for East Boston Relief Station development - 85 jobs created for mental health services facility serving the community.
- North End Waterfront HealthminorPartner health center providing primary care and wellness services to community residents.
- PUEBLOminorPartner organization in the East Boston Neighborhood Trust (EBNT), working to reclaim local control of real estate in East Boston and prevent displacement.
- City Life/Vida UrbanaminorPartner organization in the East Boston Neighborhood Trust (EBNT), representing renters and community stakeholders.
- East Boston Social CentersminorPartner organization in the East Boston Neighborhood Trust (EBNT), providing community representation.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Ebcdc competitors and assessment
Company assessmentDirect peers
- Madison Park Development Corporation: Boston-based community development corporation focused on affordable housing development, economic development, and resident services in Roxbury and Greater Boston. Operates the same integrated development-property management-community programs model as EBCDC at very comparable scale.
- Mercy Housing: National nonprofit affordable housing organization managing 50,000+ units across 41 states. Offers comparable integrated development, property management, and resident services model with deep experience in layered financing programs.
- BRIDGE Housing: National nonprofit affordable housing developer with approximately 13,000 units across California, Oregon, and Washington. Highly comparable nonprofit development and property management model with LIHTC and HUD program expertise.
- Trinity Financial: Boston-based real estate development firm specializing in affordable and mixed-income housing. Frequently co-develops with EBCDC (Boston East, Orient Heights, Maverick Landing) and is a directly comparable peer operating in the Boston affordable housing market.
- The Community Builders: National nonprofit developer and manager of affordable housing across multiple states with 30,000+ units. Offers the same integrated development-property management model as EBCDC but at national scale, making it a useful comparison for growth pathway and operational benchmarks.
- Dorchester Bay Economic Development Corporation: Boston CDC focused on affordable housing development, small business support, and economic development in Dorchester. Highly comparable business model combining housing development, property management, and community economic development.
- Jamaica Plain Neighborhood Development Corporation: Boston CDC developing and managing affordable housing in Jamaica Plain. Operates a real estate division for property management and development, similar to EBCDC's Metro Management subsidiary, with comparable mission and community-serving structure.
- Fenway Community Development Corporation: Boston CDC providing affordable housing, business development, and community programs in the Fenway neighborhood. Comparable scale, mission, and multi-program community development model to EBCDC.
Broad incumbents
- WinnCompanies: Boston-based major property management and development firm with 100,000+ units across multiple states. Provides comparable property management services to EBCDC's Metro Management but operates at significantly larger scale across broader housing types including market-rate.
Regional players
- Hebrew SeniorLife: Greater Boston senior housing and healthcare nonprofit providing independent living, assisted living, and skilled nursing. Comparable senior housing focus to EBCDC's senior apartment portfolio but operates a more comprehensive care continuum across multiple sites in the Boston area.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Ebcdc social profiles
Digital presenceEbcdc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ebcdc leadership team
Management profileNumber of profiles
Profiles5 records
Ebcdc subsidiaries and ownership
Company hierarchySubsidiaries2 records
Ebcdc funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ebcdc M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ebcdc
What does Ebcdc do?
EBCDC develops, owns, and manages affordable rental housing in East Boston for low and moderate income residents, seniors, and formerly homeless individuals. Through its Metro Management division, the organization provides property management services for approximately 700 units across 14 developments, while also delivering business development programs (including a revolving loan guarantee program) and social services coordination through community partnerships.
Is Ebcdc a public or private company?
Ebcdc is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Ebcdc founded?
Ebcdc was founded in 1970. It employs 1 to 10 people.
Where is Ebcdc based?
Ebcdc is headquartered in East Boston, United States, in the North America region.
How does Ebcdc make money?
Four revenue lines are on record. Property Management Services are the primary driver. The others are rental Income from Owned Properties, real Estate Development Fees and revolving Loan Guarantee Program.
Who are Ebcdc's main competitors?
Direct peers on record are Madison Park Development Corporation, Mercy Housing, BRIDGE Housing, Trinity Financial, The Community Builders, Dorchester Bay Economic Development Corporation, Jamaica Plain Neighborhood Development Corporation and Fenway Community Development Corporation. WinnCompanies is listed as a broad incumbent. Hebrew SeniorLife is listed as a regional player.
Does Ebcdc have an API?
No public API is recorded for Ebcdc.
What industry is Ebcdc in?
Ebcdc's product category is Affordable Housing Development. Its primary akta.pro industry code is BPAIANAB, Housing Development, Construction & Rehabilitation Programs, with a secondary code of BPAIANAA, Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing). Its NAICS code is 532 and its SIC code is 6513.