NEIGHBORHOOD OF AFFORDABLE HOUSING INC

What NEIGHBORHOOD OF AFFORDABLE HOUSING INC does

NOAH (Neighborhood of Affordable Housing, Inc.) is a 501(c)(3) community development corporation founded in 1987 and headquartered at 143 Border Street in East Boston, Massachusetts. The organization operates a multi-service model that integrates affordable real estate development and property management with a broad portfolio of community programs, including foreclosure prevention counseling, senior and disabled home repair, English language classes (ESOL), financial capability education, first-time homebuyer classes, youth leadership (N-YO), summer programs, landlord education, and environmental youth initiatives. Its real estate portfolio includes NOAH Apartments and the Coppersmith Village mixed-use development at 99-101 Border Street, which comprises 56 affordable and market-rate apartments, 15 for-sale townhomes (8 designated affordable), and ground-floor retail space. Since 1987, NOAH states it has channeled over $656.3 million in public and private investments into the Greater Boston regional economy.

The organization is funded through a diversified mix of revenue streams: government grants and public funding, private donations accepted via its website, rental and sales income from affordable housing operations, and minimal program fees for educational workshops. Core partners include the City of Boston (which channels senior home repair and heating system replacement applications through NOAH) and United Way of Massachusetts Bay for community outreach and referrals. Technology partnerships are limited to Northeastern University's Artemis Project for a community air quality monitoring dashboard and Constant Contact for email newsletters. The operating model is lean, with 7 reported employees supporting a wide service footprint, indicating heavy reliance on volunteers, partner organizations, and the leveraging of public funding to deliver programs directly to East Boston and Greater Boston residents.

NOAH's go-to-market approach is community-led: residents access services through direct walk-ins at the East Boston headquarters, online applications via Microsoft Forms, referral pathways from City of Boston and United Way, and community events. The organization maintains a bilingual English/Spanish website and blog, Facebook, and Instagram presence. As a non-profit CDC with no parent company, equity backers, or identified funding rounds, NOAH operates on a mission-driven, grant-dependent financial model rather than a venture-scale growth trajectory, with strategic expansion centered on real estate development projects and incremental new program lines rather than rapid scaling.

Name

NEIGHBORHOOD OF AFFORDABLE HOUSING INC

Legal name

Neighborhood of Affordable Housing, Inc.

Website

https://neighborhoodofaffordablehousing.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

1–10 employees

Short description

Neighborhood of Affordable Housing Inc (NOAH) is a 501(c)(3) community development corporation founded in 1987 in East Boston, Massachusetts, providing affordable housing development, foreclosure prevention, senior home repair, ESOL, financial education, youth programs, and environmental initiatives for low-income residents across Greater Boston.

Ownership category

akta.pro rank

Product category

Affordable Housing and Community Development

NAICS

Educational Support Services (611710)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Family Literacy (Parent/Child & Intergenerational) (EDAAAAAE)

Keywords

• Affordable housing development
• Community development corporation
• Foreclosure prevention services
• Financial capability education
• Community youth programs

Headquarters

HQ city

East Boston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Government Grants and Public Funding: NOAH receives public funding and government grants to support affordable housing development and community programs. The organization collaborates with the City of Boston on initiatives such as senior home repair and heating system replacements.
2. Private Investment and Donations: NOAH has generated over $656.3 million in investments in Greater Boston since 1987 through public and private partnerships. The organization accepts donations through its website.
3. Affordable Housing Operations: Revenue from property and asset management of affordable housing units including rental income from NOAH Apartments and sales proceeds from affordable for-sale townhomes.
4. Community Program Fees: Minimal program fees for educational services including financial capability classes, first-time homebuyer classes, and landlord education workshops.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

NOAH is a community development corporation that develops and manages affordable housing, delivers homeownership and financial education, and runs youth and community programs in the Greater Boston area. Its core offerings include affordable rental and for-sale housing (NOAH Apartments, Coppersmith Village), foreclosure prevention counseling, senior and disabled home repair, English language classes, financial capability and first-time homebuyer education, youth leadership (N-YO) and summer programs, and landlord education. Services are delivered directly to low-income residents and community members primarily in East Boston and across Greater Boston.

Product overview

NOAH (Neighborhood of Affordable Housing) is a multi-service non-profit community development corporation offering a comprehensive portfolio of services focused on affordable housing and community development. The organization operates as a unified service model with interconnected programs including: Real Estate & Housing services (Property & Asset Management, Senior & Disabled Home Repair, Foreclosure Prevention, Rental Housing Services, and Affordable Real Estate Development including NOAH Apartments and Coppersmith Village); Education & Leadership programs (English Classes/ESOL, Financial Capability, First-Time Homebuyer Classes, Youth Leadership/N-YO, Summer Programs, Landlord Education, and Environmental Youth Programs); and Environmental monitoring through an Air Quality Dashboard. With $656.3 million in investments in Greater Boston since 1987, NOAH serves the East Boston community through these integrated service offerings.

Differentiator

Problem solved

Functional benefit

Products and services

• Property & Asset Management Property management services for affordable housing units managed by NOAH, including asset management and maintenance coordination for low-income residents.
• Senior & Disabled Home Repair Home repair assistance program for seniors and disabled homeowners in Greater Boston, including moderate rehabilitation work and heating system replacements, delivered in collaboration with the City of Boston.
• Foreclosure Prevention Services Counseling and intervention services to help homeowners avoid foreclosure, including bilingual foreclosure prevention counseling for at-risk Greater Boston residents.
• Rental Housing Services Services related to rental housing management and tenant support for affordable housing units operated by NOAH.
• Affordable Real Estate Development Development of affordable housing units and market-rate properties, including the Coppersmith Village mixed-use development at 99-101 Border Street with 56 apartments and 15 for-sale townhomes.
• English Classes (ESOL) English for Speakers of Other Languages instruction to help community members improve language skills in the Greater Boston area.
• Financial Capability Program Financial education program designed to help residents manage finances, avoid predatory money traps, and build financial stability.
• First-Time Homebuyer Classes Homebuyer education classes preparing first-time buyers for homeownership, covering purchasing process and financial readiness.
• Youth Leadership Program (N-YO) Youth development program empowering young people to become leaders through structured activities and community engagement.
• Summer Programs Summer programming for children, youth, and families providing safe spaces, activities, and developmental opportunities during school breaks.
• Landlord Education Education workshops for landlords covering rental management, fair housing laws, and best practices.
• Environmental Youth Programs Environmental education and youth engagement programs focused on environmental justice and climate awareness.
• NOAH Apartments Affordable apartment housing units operated by NOAH for low-income residents in the Greater Boston area.
• Coppersmith Village Mixed-use development at 99-101 Border Street in East Boston with 56 affordable and market-rate apartments, 15 for-sale townhomes (8 affordable), and 3,000 sq ft ground floor retail/restaurant space.

Quantifiable outcome

• $656.3 million in public and private investments in Greater Boston since 1987
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• United Way of Massachusetts BaycoreGTM or Marketing PartnerUnited Way of Massachusetts Bay is listed as a partner on NOAH's website, indicating collaborative relationship for community outreach and resource sharing. The partnership supports NOAH's community development initiatives and provides referral pathways for residents seeking services.
• City of BostoncoreStrategic or Co-development PartnerCity of Boston collaborates with NOAH on multiple initiatives including senior home repair programs, heating system replacements for low-income homeowners, and moderate rehabilitation work. This partnership enables NOAH to receive and process applications for city-funded housing assistance programs.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Local Initiatives Support Corporation (LISC): National CDFI and community development intermediary that funds and supports local CDCs, including affordable housing developers across the U.S. Comparable as a broader operator in the same space; LISC is a funder/incumbent rather than direct service provider in NOAH's market.
• Enterprise Community Partners: Major national nonprofit that develops and preserves affordable housing and partners with local CDCs nationwide. Comparable in mission and activities; operates at a much larger national scale with a wider portfolio.
• Habitat for Humanity Greater Boston: Regional Habitat affiliate focused on affordable homeownership development and home repair programs in Greater Boston. Comparable in affordable housing development and homeowner services, though organized under the national Habitat model rather than as an independent CDC.

Direct peers

• Madison Park Development Corporation: Boston-based CDC serving Roxbury with affordable housing development, property management, youth programs, and workforce development. Directly comparable multi-service CDC with similar housing plus education/youth programming for an urban low-income community.
• The Neighborhood Developers: Chelsea, MA-based community development corporation offering affordable housing development, property management, resident services, and small business support in Greater Boston. Directly comparable as a regional CDC with a similar multi-service model serving low-income communities.
• Asian Community Development Corporation: Boston-based CDC developing affordable housing and providing financial education, homebuyer counseling, and community programs for Asian American residents in Greater Boston. Highly comparable regional CDC with overlapping service mix.
• BNN Partners (Bowdoin): Bowdoin-Geneva area (Dorchester) CDC providing affordable housing, youth programs, ESOL classes, and community economic development. Closely comparable multi-service community development model with overlapping educational and housing programming.
• Dorchester Bay Economic Development Corporation: Boston-based CDC focused on affordable housing development, economic development, and resident services in Dorchester. Comparable multi-service CDC model serving Greater Boston low-income communities with similar housing and community programming.
• Codman Square Neighborhood Development Corporation: Dorchester-based CDC providing affordable housing development, property management, financial coaching, and youth programs. Closely comparable multi-service community development model serving a Boston-area low-income neighborhood.
• Jamaica Plain Neighborhood Development Corporation: Jamaica Plain-based CDC providing affordable housing, property management, homebuyer counseling, foreclosure prevention, and community programs in Greater Boston. Directly comparable regional CDC with nearly identical service offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/noahcdc
• Instagraminstagram.com/noah.cdc
• LinkedInlinkedin.com/company/neighborhood-of-affordable-housing-inc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about NEIGHBORHOOD OF AFFORDABLE HOUSING INC