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Opportunity Communities, LLC

Leasing Real Estate ยท Chelsea, Massachusetts
Website: www.oppcommunities.org

Through Opportunity Communities, participating community development non-profits leverage their combined resources to create ... administrative support and programmatic capacity in areas that benefit from scale and expertise. Control and governance remains local, guiding strategic direction, local programs, budget and assets. Without sacrificing local control, OppCo achieves a more sustainable, efficient and robust structure for community development activities to support stronger families, greater economic equality, and thriving communities that benefit all people. OppCo was launched in April 2018 by two experienced Greater Boston non-profits who are piloting the new model. Across the two founding organizations is a housing portfolio of 1,150 apartments, providing a stable home to over 2,250 low- and moderate-income individuals. Over time, as OppCo expands its membership, it expects to manage tenant services and asset management of 10,000 affordable homes and to support its members to diversify and accelerate their affordable housing production. read more

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