Housing Operations Management Enterprises Inc

Housing Counseling Program. Provides counseling to holders of Section 8 vouchers and others regarding opportunities to move out of high-poverty areas. Program temporarily inactive. Accomplishments 7/1/22 - 6/30/24 : 0 clients counseled; 0 clients leased-up; 0 clients leased-up in target lower-poverty neighborhoods; 0 clients placed in suburban areas. Cumulative accomplishments to 6/30/24: 2,264 clients counseled; 1,109 clients placed in housing; 679 clients leased-up in target lower-poverty neighborhoods; 358 clients placed in suburban areas. This program has been temporarily suspended; the organization has received a funding commitment and is awaiting a state contract.

Affordable Housing Development. Development, purchase, and construction to preserve and improve affordable housing in the greater New Haven area; target population is that all residents will earn less than 80% of median income and that more than half will earn less than 50% of median. Housing for mentally-ill and other disabled persons emphasized. Accomplishments in FY23: Continued development of 2 housing projects with 88 units; $110,000 raised for rehabilitation of 3 developments. Cumulative accomplishments through 3/31/24: 111 units built; full financing being sought on 88 additional units. Also, assisted managed properties to acquire additional units and renovate existing units. Cumulative accomplishments through 3/31/24: 10 units acquired with $575,000 in financing; rehabilitation loans or grants totaling $4,962,000 for 332 units secured.

Affordable Housing Operation and Preservation. Operation of residential real estate to preserve and improve affordable housing in the greater New Haven area; target population is that all residents will earn less than 80% of median income and that more than half will earn less than 50% of median. Cumulative accomplishments through March 31, 2024: 97 units owned and operated; all residents are at 50% of median or below, and approximately 60% of units house persons with disabilities.