Cambridge Neighborhood Apartment & Housing Services, Inc.

Street Address:
280 Franklin Street
Cambridge, MA 02139


Phone: 617-491-1545
Fax: 617-868-1022
Website: www.cambridgenahs.org

Peter Daly, Executive Director

Contact Name: Peter Daly
Phone: 617-491-1545
Fax: 617-868-1022
Email: PDaly@homeownersrehab.org


Staff Size: Full Time: 1    Part Time: 8

Background
Incorporated in 1983 as an apartment improvement program, Cambridge Neighborhood Apartment Housing Services, Inc., (CNAHS) initially served to maintain the quality of rent-controlled units in Cambridge’s predominantly rental-unit market (65% of Cambridge 50,000 units were for rent, according to the 1990 U.S. Census). Since the demise of rent control, CNAHS has served property owners by offering deferred interest financing, and rehabbed rental units. In return, owners maintain affordability in a market notorious for its expensive rental prices. CNAHS has also aggressively pursued development opportunities as an owner/operator of rental housing and currently owns 926 units in Cambridge.

Mission
To expand and preserve the supply and improve the quality of affordable housing available to low and moderate income residents with a primary focus on housing for families. To preserve the diversity of our housing in terms of race, income, age, disability and household size. To structure all projects so that residents have significant opportunities for participation. To promote the partnership model in the development of affordable housing by the representation of residents, property owners, City officials and lenders. To take advantage of the opportunities and the uniqueness of the Cambridge housing market particularly with multi-family housing.

Total Operating Expense (9/30/2007): $226,564

 Lines of Business
  • Asset and Property Management

  • Community Building and Organizing

  • Lending and Loan Portfolio Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Multifamily Initiative

    • Accomplishments in FY 2008
  • Provided 0 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 124 rental or owner occupied units (1-4 units).
  • Assisted 0 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 926 rental units.
  • Invested $207,060 in the community through Cambridge Neighborhood Apartment & Housing Services, Inc.'s revolving loan fund, which leveraged $1,193,681 from conventional lenders and other sources.
  • Total direct investment in the community is $1,400,741.

    • Additional Accomplishments
    Date Additional Accomplishment
    1/17/2001 Owns and operates 926 units.

    Community Services
  • Green Building and Home Improvement

  •  Environmental Friendly Building Materials

  •  Handyman Referrals

  •  Indoor Environment Quality

  •  Lead Poison Prevention

  •  Renewable Energy Resources

  •  Sustainable Site Planning

  •  Water Quality and Conservation


    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    John AllenBoard TreasurerFinancial Institution  
    Tim BombardBoard MemberFinancial InstitutionEast Cambridge Savings Bank 
    Chris CotterBoard MemberLocal GovernmentCambridge, MA, City ofHousing Director
    Lauren CurryBoard MemberResidentJust-A-Start 
    Reuben DottinBoard MemberOther  
    Margaret DruryBoard MemberLocal GovernmentCity of CambridgeCity Clerk
    Doug FaithfulBoard MemberFinancial InstitutionCambridge Savings Bank 
    Esther HanigBoard MemberResident  
    Michael JohnstonBoard MemberLocal GovernmentCambridge Housing Authority 
    Marina KaufmanBoard MemberResident  
    John MillerBoard PresidentResidentHMFH Architects 
    Paul SchlaverBoard MemberResident  
    Leonard SingerBoard MemberResident  
    Anne WilliamsonBoard Vice PresidentResident  

    About the NeighborWorks ® Network
    The NeighborWorks® network is a nationwide network of more than 240 community development organizations working in nearly 4358 urban, suburban and rural communities across America. These organizations engage in revitalization strategies that strengthen communities and transform lives. In the last five years alone, NeighborWorks® organizations have generated more than $8.5 billion in reinvestment and helped more than 500,000 families of modest means purchase or improve their homes or secure safe, decent rental or mutual housing.

    NeighborWorks ® America Contact Information
    District:  New England
    Name:  Frances Cinicola
    Phone:  617-585-5027
    Toll-Free:  
    Fax:  617-450-0427
    Email:  fcinicola@nw.org