Peabody Housing Authority

What Peabody Housing Authority does

Peabody Housing Authority is a quasi-governmental public housing agency serving the City of Peabody, Massachusetts. The Authority administers three core programs: federal Section 8 Housing Choice Vouchers, the Massachusetts Rental Voucher Program (MRVP), and State-Aided Public Housing. Its portfolio comprises 505 units of state-aided public housing organized across multiple typologies — elderly/disabled developments, family housing, congregate housing, and group homes operated in conjunction with independent social service vendors. Resident support is delivered in coordination with regional partners, notably North Shore Elder Services for the Seeglitz Supportive Living Program, which integrates housing with elder-services case management.

Operationally, the Authority is staffed by 26 employees and runs standard public-housing administration functions: tenant intake (now processed through the state CHAMP consolidated application adopted in 2023), eligibility certification, unit inspections, maintenance, and rent collection. Annual Payment Standards and Utility Allowance Schedules are reset each fiscal year — the 2026 schedule has been published — governing subsidy calculations and tenant rent share. Leadership is currently under an Acting Executive Director (Eric Cronin), indicating a transitional governance posture.

The business model is non-commercial: the Authority does not generate market revenue. Funding flows from HUD (federal appropriations for Section 8 HCV administrative fees and Housing Assistance Payments), the Massachusetts Department of Housing and Community Development (state-aided public housing operating subsidies and MRVP), and tenant rent contributions calibrated to income. There are no customers in the commercial sense — residents are program beneficiaries — and no pricing model, sales motion, or competitive go-to-market. The Authority is a cost-recovery, mission-driven administrative entity.

Name

Peabody Housing Authority

Legal name

Peabody Housing Authority

Website

https://peabodyhousing.org

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Peabody Housing Authority is a public housing agency administering 505 units of state-aided housing plus Section 8 and MRVP vouchers for low-income, elderly, disabled, and family residents in Peabody, Massachusetts, with a 26-person staff and no commercial revenue model.

Ownership category

akta.pro rank

Product category

Public Housing Services

NAICS

Lessors of Residential Buildings and Dwellings (531110), Administration of Housing Programs (925110)

SIC

Operators Of Apartment Buildings (6513), Real Estate (6500)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industries

Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ), Housing Voucher & Rental Assistance Programs (Tenant-Based/Project-Based) (FSALAKAI), Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA)

Keywords

• Public housing programs
• Rental assistance
• Housing choice vouchers
• Affordable housing
• Elderly housing services

Headquarters

HQ city

Peabody

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Distribution channels3 records

Marketing channels1 record

Core offering

Peabody Housing Authority is a municipal public housing authority that administers three housing programs — the federal Housing Choice Voucher Program (Section 8), the Massachusetts Rental Voucher Program (voucher and project-based), and State Aided Public Housing — and owns/manages 505 units of state-aided public housing in Peabody, Massachusetts. The portfolio includes elderly/disabled developments, family housing properties, congregate living environments, group homes, and a supportive living program, with allocation handled through centralized eligibility-based waiting lists.

Product overview

Peabody Housing Authority is a municipal housing agency that administers three core housing programs: the federal Housing Choice Voucher Program (Section 8), the Massachusetts Rental Voucher Program (voucher and project-based), and State Aided Public Housing. The Authority manages 505 units of state-aided public housing across multiple properties serving families, elderly, and disabled individuals. The housing portfolio includes dedicated Elderly/Disabled Housing (316 units across seven properties), Family Housing (189 units across five properties), Congregate Housing (shared living with supportive services), four Group Homes, and a Supportive Living Program at Seeglitz. All programs operate through centralized waiting lists managed by the PHA.

Differentiator

Problem solved

Functional benefit

Products and services

• Housing Choice Voucher Program (Section 8)

Segments3 records

Ideal customer profiles3 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 and minor.

• North Shore Elder ServicescoreStrategic or Co-development PartnerNorth Shore Elder Services runs the Seeglitz Supportive Living Program at Seeglitz Housing (75 Central Street). This is a supportive living environment specifically for seniors age 62 and older, operating as a separate waiting list and placement process coordinated through a Congregate Team of Multiple Service Agencies.
• Independent Social Service VendorsminorStrategic or Co-development PartnerFour Group Homes (689 Group Homes) with 24 one-bedroom units are run by independent social service vendors. These vendors select occupancy for the group homes while PHA maintains ownership and oversight of the properties.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• WinnCompanies: Large private-sector multifamily owner/manager with a substantial affordable and mixed-income housing portfolio, including Section 8 properties in Massachusetts. Comparable as an operator of subsidized housing but commercial and multi-state, versus PHA's single-municipality public-sector model.
• Boston Housing Authority: Largest public housing authority in Massachusetts, administering thousands of federal and state-aided units across Boston. Comparable as a quasi-municipal housing agency operating Section 8, state vouchers, and public housing stock, but at significantly larger scale and broader programmatic scope than PHA.
• Related Companies (Related Affordable): National developer and operator of affordable and mixed-income housing, including LIHTC and Section 8 portfolios. Comparable affordable housing operator with far larger geographic footprint and capital base than PHA.

Regional players

• Salem Housing Authority: Adjacent North Shore Massachusetts housing authority of similar scale, administering federal and state-aided public housing for low-income, elderly, and disabled populations. Direct structural analog to PHA with overlapping geography on Massachusetts' North Shore.
• Lynn Housing Authority: Regional peer housing authority serving Lynn, MA — a nearby North Shore city with comparable demographics and housing need. Administers similar Section 8, MRVP, and state-aided public housing programs with overlapping tenant profile to PHA.
• Cambridge Housing Authority: Massachusetts municipal housing authority serving Cambridge with federal and state-aided public housing and voucher programs. Comparable peer in size band, regulatory structure, and resident demographics to PHA, though operating in a different, higher-cost submarket.

Direct peers

• Preservation of Affordable Housing (POAH): Nonprofit owner and operator of affordable rental housing with a portfolio including former public housing in Massachusetts. Directly comparable mission and resident population served; differs from PHA in nonprofit private structure versus quasi-governmental authority.
• The Community Builders: Nonprofit developer and operator of affordable housing, including mixed-income and supportive housing in Massachusetts. Closely comparable mission (housing for low-income, elderly, disabled) and operating model, though private nonprofit rather than government entity.

Others

• Massachusetts Department of Housing and Community Development (DHCD): State-level housing agency that administers MRVP and state-aided public housing funding streams that flow to PHA. Functions as funder, regulator, and policy setter for PHA's two state programs, making it the primary upstream counterpart rather than a direct competitor.
• U.S. Department of Housing and Urban Development (HUD): Federal agency that funds and oversees the Housing Choice Voucher Program (Section 8) and public housing operating subsidy that PHA administers. Functions as the primary federal funder and regulator rather than a direct market competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/peabody-housing-authority

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Peabody Housing Authority